Vietnam malaysia trade

Trade growth slowed in the second quarter of this year; meanwhile trade balance recorded a surplus in the fourth consecutive quarter and reached 1.4 billion USD in Q2. VEPR, is a series of annual reports summarising major economic issues in the previous year, giving an outlook for the coming year and providing policy recommendations. … [Read more...] about Vietnam posts strong Q2 growth

A series of proper reform guidelines and policies in the Party's Resolutions have not been realised, they said, stressing that it is necessary to continuously implement three strategic breakthroughs, especially promotion of socialist-oriented market economy institution; and mobilisation, distribution and use of social resources. … [Read more...] about Vietnam’s economic growth has yet to reach strategic goal: expert

Hanoi (VNA) - Deputy Prime Minister Vuong Dinh Hue has expressed his belief in the bright future of Vietnam in an interview with the Vietnam News Agency (VNA) on the occasion of the Lunar New Year, which falls on January 25. “I believe the dream of a powerful and wealthy Vietnam on a par with nations in the region and the world as President Ho Chi Minh had wished will come true,” the Deputy PM said. This dream has both scientific and practical foundation, he said, stressing that every one must be responsible to make this happen. He said last year, Vietnam was among countries with the highest growth rate in the region and the world despite fluctuations of the world economy. The country posted a gross domestic product (GDP) growth rate of 7.02 percent, while inflation rate was kept at 2.73 percent. The average GDP per capita reached almost 2,800 USD, 1.32 times higher than that in 2015. This figure is expected to exceed 3,000 USD in 2020, meeting the target set in the … [Read more...] about Dream of powerful and prosperous Vietnam will come true: Deputy PM

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc said on August 30 that ministries, sectors and localities must not underestimate their tasks in the four remaining months of 2018 but carry out drastic solutions as many difficulties still arise from the domestic and global situation. At the Government’s monthly meeting, Cabinet members said despite complex geo-political and geo-economic developments in the past eight months, the country’s socio-economic indexes have reached the highest levels. Forecasting challenges in the months ahead, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said the US-China trade war will strongly affect Vietnam while natural disasters from now until the end of the year may cause big consequences. PM Phuc said to deal with the predicted challenges, leading officials must promote their responsibility in the activities of their ministries, sectors and localities. He stressed that the top priority must be given to controlling … [Read more...] about PM requests implementation of drastic solutions in months ahead

Hanoi (VNA) - Implementing institutional reform is a crucial and challenging task of the National Assembly, especially in the context of the country's rapid development and deeper economic integration, according to NA Chairwoman Nguyen Thi Kim Ngan. The top legislator highlighted the role of the National Assembly in the field in an article written for the book “Forecast 2020: Destruction/Reconstruction” published by the Vietnam News Agency, buying the copyright of the international media organisation Project Syndicate. She wrote after more than five years of implementing the 2013 Constitution, the National Assembly has achieved important and outstanding results in legislative activities, including the guarantee and protection of human rights and citizens’ rights as well as the issuance of legal documents to continuously reform economic institutions. Additionally, law on education-training, science-technology, health, culture and information, sports, religion, … [Read more...] about National Assembly strives to implement institutional reform