The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister.
So far, guidelines on rooftop solar regarding policies, regulations, ways of investment, and output have been available for investors.
In Vietnam’s new framework to promote digital transformation, enterprises would stay at the center of the process, while the government is responsible for gathering the required conditions to promote digital economy.
With more Vietnamese national brands, the country would be nearer to the goal of prosperity, Prime Minister Nguyen Xuan Phuc has said.
Vietnam has officially overtaken Thailand to rank the largest solar market in Southeast Asia.
A 50% reduction in the registration fee for domestically-produced cars is seen as discriminatory treatment against imported ones.
This growth was supported by expansion in both the government and corporate bond segments, stated the ADB.
More transactions are expected to happen in the near future if market transparency improved and flexibility from investors becomes stronger.
Vietnam will likely have to increase coal power to ensure stable and affordable power supply.
As of November 17, the country’s credit growth was estimated at 7.26% against the end of 2019, resulting in VND8,790 trillion (US$377.7 billion) in outstanding loans.
Digital transformation in corporate governance and management is needed for local textile firms to enhance efficiency in a new normal, Prime Minister Nguyen Xuan Phuc has said.
Economic and political reasons are major factors that make Vietnam a bright market.
All projects honored this time are those that have been evaluated in terms of stability, efficiency, as well as contributing to environmental protection and creating jobs.
In order to better combat trade fraud activities in the future, the Ministry of Finance is requesting related agencies to soon issue specific criteria for domestically-produced goods.
Not only supporting the government’s initiative in keeping stable market prices, local businesses are adjusting their business operations in a new normal.
Solar power capacity is increasing thanks to significant changes in feed-in-tariff.
Industrial property continues dominating the market thanks to the fast growing manufacturing industry.
The project is the fourth in the energy sector signed between Vietnam and US firms over the past month.
A transparent legal framework will ensure a proper risk-sharing mechanism among all parties.
With Sabeco, Habeco, Carlsberg Vietnam and Heineken Vietnam holding 90% of Vietnam’s alcohol beverage market, negative business results from these firms could lead to a setback of the overall industry in the coming time.
The Asia–Pacific should be the world’s hub of innovation and technology, with a focus on developing human resources for a digital economy and narrowing development gaps among countries.