Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.
Amid growing climate challenges and the global shift towards sustainable development, green credit has emerged as a key pillar of Vietnam’s financial system.
The PM highlighted the important role played by SOEs in the national economy, noting that although the number of groups and corporations represents only a small percentage of the nearly 1 million businesses operating in Vietnam, they hold a key position as a significant material force of the economy, and production and business activities in main economic and technical sectors.
The Indonesia Economic Summit, organised by the Indonesian Business Council, discussed strategies to address global economic challenges and promote Indonesia's sustainable growth.
The tireless efforts of the Party, State, and Government of Vietnam over the past four decades have yielded significant achievements, bringing prosperity and happiness to the local people. From a nation with a GDP of just 8 billion USD in 1986, Vietnam has risen to rank 34th economy in the world last year with a GDP of 450 billion USD.
Indonesian President Prabowo Subianto has urged US business leaders to prioritise environmental, social, and governance (ESG) principles when investing in his country.
The Vietnam Motor Show 2024 will take place in Ho Chi Minh City from October 23-27, featuring green energy initiatives, organisers announced at a press conference on September 26.
The Global Geoparks Network (GGN) honoured Ha Long Bay - Cat Ba Archipelago as one of the 100 world geological heritage sites for the second time at a ceremony to mark its 20th anniversary in the northern province of Cao Bang on September 11.
Hanoi’s agriculture sector is focusing on building a stable market and demand-based production, developing value chains, and using digital technology in transactions to ensure sustainable growth.
Prime Minister Pham Minh Chinh has asked the Central Highlands of Lam Dong to focus on implementing three breakthrough measures to boost its rapid and sustainable growth, including developing science and technology, innovation and startups, promoting the application of achievements of the Fourth Industrial Revolution, especially in the service and agriculture.
To improve competitiveness for the steel industry, businesses have been advised to optimise technology, save energy, and implement product quality standards, experts said.
ASEAN member states should consider measures to intensify tourism cooperation between the bloc and Russia, Director General of the Vietnam National Authority of Tourism Nguyen Trung Khanh said on January 26.
Foreign Minister Bui Thanh Son joined officials of other ASEAN member countries and its partners at the 13th East Asia Summit (EAS) Foreign Ministers’ Meeting and the ASEAN Post Ministerial Conference (PMC) with the US, within the framework of the 56th ASEAN Foreign Ministers’ Meeting (AMM-56) in Jakarta on July 14 morning.
The ASEAN Centre for Energy (ACE) and the Ministry of Energy and Mineral Resources of Indonesia will hold the ASEAN Energy Business Forum 2023 (AEBF) themed "Accelerating Energy Connectivity to Achieve ASEAN's Sustainable Growth" on August 24-26 in Bali, Indonesia.
Many banks have cut their costs to income ratio (CIR) thanks to digital transformation to optimise operations, which greatly contributed to their positive business results in the first quarter of 2023 despite the challenging market context.
The link between enterprises and farmers has helped form large raw material areas of stable and long-term development, according to Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri.
Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming tỉme.
The 40th and 41st ASEAN summits and related summits officially kicked off in Phnom Penh, Cambodia, on November 11. Prime Minister Pham Minh Chinh attended and delivered speech at the events.