Developments on infrastructure

Impressive development achievements Starting the innovation process with the determination to integrate internationally 35 years ago, Vietnam was still a country with backward and closed production. It had consistently implemented reforms, transforming from a centrally planned, subsidized economy to a multi-sectoral commodity economy, which operates under the market mechanism and the State's management and towards socialism. From 1986 to 2000, on average, the gross domestic product (GDP) grew by 6.51 percent annually. The agriculture, forestry, and fishery sector edged up 3.72 percent; the industry and construction sector rose 9.06 percent; the service sector climbed 6.66 percent. The economic structure had gradually shifted towards promoting industrialization and modernization. The agricultural sector had absolutely solved the food problem, ensuring national food security, changing Vietnam from a country with a lack of food to become the second-largest rice exporter in the world. … [Read more...] about Bright economic appearance after 35 years of innovation

At its core, a good marketing strategy includes a deep understanding of the target market. Once that is figured out, the business brand and its marketing strategy can move towards fitting in with the target market's perspectives. The pandemic has called for a change in the market's infrastructure, so does the need for every business to redevelop a new and appropriate marketing strategy. … [Read more...] about COVID-19 Crisis: How Digital Marketing Help Businesses Thrive Amidst the Pandemic

The Congress will discuss and adopt the Political Report, which is the event’s keynote document; the wrap-up report of the 10-year Socioeconomic Development Strategy for 2011-2020 and building of the follow-up strategy for 2021-2030; the assessment report of the 5-year Socioeconomic Development Plan for 2016-2020 and orientations and mandates for the next 5-year plan for 2021-2025; the wrap-up report of Party-building work and implementation of the 12th National Party Congress’s Statute; the review report of the 12th National Party Congress’ Central Committee; and also the election of the 13th National Party Congress’ Central Committee (2021-2026 tenure) – the highest leadership apparatus of the Party in between two national congresses. … [Read more...] about National Congress to shape nation’s fortunes

She said it is an undeniable success that Vietnam could gather a large-scale Congress with over 1,500 delegates taking part amid complicated developments of the pandemic worldwide at present. Diplomats and representatives from international organisations in Vietnam will be honoured to witness this important political event and are satisfied about living in one of the most successful countries in the fight against COVID-19. … [Read more...] about VIETNAM NEWS JANUARY 25

Deputy Director of the Southern Investment Promotion Center Vu Xuan Dang said the country needs to create more favorable conditions for foreign investors, including policies to encourage the development of central animal husbandry areas and material zones, large-scale fields, and high-tech agricultural zones. The government should increase investment in infrastructure development in the northern mountainous region, the Central Highlands, and the Mekong Delta, which all have high potential for agricultural development. Improving the quality of local human resources to meet agricultural development in the Fourth Industrial Revolution is also a must, he added. … [Read more...] about Needed: A proper strategy to attract FDI in agriculture