Why skilled manpower is considered as infrastructure of development

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation

In the coming time, along with taking advantage of the EU-Vietnam Free Trade Agreement (EVFTA) which took effect from August 2020 and other signed agreements such as the Regional Comprehensive Economic Partnership (RCEP) and the UK-Vietnam Free Trade Agreement (UKVFTA), the granting of cultivation area codes and packaging facilities codes will be promoted with greater value, such that Vietnamese agricultural products can openly enter large markets with preferential tax rates. This is also a new opportunity for Vietnam’s agriculture sector to strengthen the fulfilment of standards for many commodities, accelerate exports right from the first months of 2021 to realise the target of exporting agricultural, forestry and fishery products for the whole year reached US$ 42 billion. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25

Nguyen Thi Hong Thanh from AGROINFO said it is necessary to simplify procedures and ease FDI enterprises’ access to land through better planning activities. The way should be paved for FDI businesses to lease land and cooperate with cooperatives and farmers, while digital technology must be adopted for tax-related administrative procedures. … [Read more...] about Needed: A proper strategy to attract FDI in agriculture

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

Foreign investors need to review different channels. Some deals were nearing completion but have still failed due to legal issues. The integration post-COVID-19 pandemic is another problem. When we must restructure to avoid confusion but in my opinion, it is necessary to change governance structures to ensure a smooth transition between buyers and sellers. … [Read more...] about M&A in real estate remains robust