Vietnam business opportunities

The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

Hanoi (VNA) -  Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29. The event, which saw the participation of over 100 representatives of agencies, organisations and businesses of the two countries, offered Vietnamese firms a good chance to directly interact with Singaporean partners, thus introducing their products. According to head of the Vietrade Vu Ba Phu, Singapore, one of the countries with the most dynamic economy in Asia - Pacific, is playing an important role in trade cooperation with Vietnam. The country considers Vietnam as one of the key markets to help it offset the shortage of goods, especially agricultural products, fisheries, food and construction products. Addressing the event, Chairman of the Singapore Manufacturing Federation and the … [Read more...] about Vietnamese companies seek business opportunities in Singapore

Fitch Solution expected that the more amenable approach the government is taking to the wind sector when compared to the solar sector is because growth to date has been at a more manageable pace for the system to cope with, given that the development or wind projects are typically longer and more complicated. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions

The current ongoing session of the National Assembly is debating a bill on Public-Private Partnership. If it is granted approval, economic expert Nguyen Duc Kien says that the bill will pave the way for private businesses to engage in a range of large projects, therefore becoming the driving force behind national economic development. The Asian Development Bank has also forecast that the country’s infrastructure investment demand will stand at roughly US$480 billion in the 2017 to 2030 period. … [Read more...] about Vietnam strives to effectively attract private investment

There are around 6,800 textile businesses in Vietnam. Last year they exported goods worth $32.8 billion, up 7.8 percent year-on-year, with the U.S., the E.U. and Japan being the largest buyers. … [Read more...] about Vietnam to lift mask export restrictions