Vietnam Economic Portal Brought into Operation Vietnam economic portal (VNEP) has been officially brought into operation on the following website www.vnep.org.vn. The portal has been established by the Central Institute of economic Management (Ministry of Planning and Investment) with the support from Danida Project – the Embassy of Denmark. VNEP has been designed and constructed based on NET technology. The portal complies with the Standard of Web Services for Remote Portals (WSRP) announced by OASIS.. The portal has been established by the Central Institute of economic Management (Ministry of Planning and Investment) with the support from Danida Project – the Embassy of Denmark. VNEP has been designed and constructed based on NET technology. The portal complies with the Standard of Web Services for Remote Portals (WSRP) announced by OASIS. Standing Deputy Minister of Planning and Investment, Mr. Tran Dinh Khien said that VNEP consists of all function as a portal whose … [Read more...] about Vietnam Economic Portal Brought into Operation
Vietnam economic news
China-Vietnam Economic Round Table
China-Vietnam Economic Round Table A Round Table was organised in Hanoi and Ho Chi Minh City for the development of economic and trade relations between Janchiang (Guangdong, China) and Vietnam. The Chinese delegation of 50 members was led by Mr Hsu Ciaohoa, Party Secretary and Mr Yuan Risheng, Deputy Mayor of Janchiang. The discussion focused on the promotion of economic and trade relations. While 16 enterprises of the two countries have concluded several agreements valued at nearly US$200 million including US$140 million for harbour project, US$30 million for Vietnamese coal and US$5.75 million for Chinese motorbikes. According to experts, Janchiang has great advantages in seaports and economic growth, an important bridge head for China-ASEAN trade. H.Ly more news … [Read more...] about China-Vietnam Economic Round Table
World Bank urges Vietnam to accelerate growth
Vietnam should strive for an economic growth rate of nine percent in the next two decades to catch up with South Korea and Taiwan and avoid the middle-income trap, according to the World Bank. The target should be archived despite the fact that Vietnam’s Gross Domestic Product (GDP) growth hit 5.7 percent over the past 20 years the second-highest in the world during that period, the government website quoted a World Bank report as saying. The report was released at a meeting Monday between Deputy Prime Minister Vu Duc Dam, chairman of the National Council for Sustainable Development and Competitiveness Improvement and Axel van Trotsenburg, World Bank's Vice President of the East Asia and Pacific Region. The meeting was held to discuss the Vietnam 2030 Report, which is expected to finish in late 2015. The National Financial Supervisory Commission forecasted that Vietnam’s economic growth rate will hit approximately 5.7-5.8 percent this year. If Vietnam maintains its present … [Read more...] about World Bank urges Vietnam to accelerate growth
Public holidays are not affecting Vietnam’s economic growth: official
The number of public holidays in Vietnam is lower than those in other Asian countries, an official has said, rejecting claims that too many breaks during the year have hurt the country's economic growth. Vietnam has a total 10 days off in a year, while the number is 27 in Cambodia, 18 in the Philippines, 17 in China, 14 in Japan and 12 in Laos, Dao Hong Lan, deputy minister of labor, told the Spring Economic Forum in the central province of Nghe An on Wednesday. Lan was responding to Tran Dinh Thien, director of the Vietnam Economic Institute, who said Vietnam is having too many public holidays, making its economic growth unstable. Thien could be referring to long weekends and extended holidays. For instance, the country will soon have a six-day break starting April 28, to celebrate Hung Kings' Day, Liberation Day and Labor Day. Some experts also told the forum that low productivity is hampering Vietnam’s development. But Lan said Vietnam is in the list of 46 countries … [Read more...] about Public holidays are not affecting Vietnam’s economic growth: official
+Cassia, Archetype Group ink strategic pact, eye Vietnam expansion
Jean-Paul Cassia, Managing Director and Architect Editor of +Cassia, and Pierre-Jean Malgouyres, General Director of the Archetype Group, spoke to Vietnam Economic News’ My Phung about their alliance, assessment of and plans for the Vietnamese market. What brought you together?Cassia: Searching for the ‘right’ projects and ‘partners’ is easier said than done. On a routine trip to Asia recently, I was struck by how fast Pierre-Jean and I saw eye-to-eye on where the forefront of design lies. Instantly, I knew the Archetype Group was the player we wanted to position in our stellar group of designers and brands across Asia Pacific. I am delighted to be working with Pierre-Jean and his impressive team, a great French team with spirit and flair.Malgouyres: After 15 years of success in Asia Pacific, our technical versatility is now being enhanced through design and marketing that helps leverage our projects. It’s all about striking a balance between … [Read more...] about +Cassia, Archetype Group ink strategic pact, eye Vietnam expansion