Hanoi and South Korea's Incheon aim to increase their visibility among Vietnamese and international travelers through a series of events to promote MICE (Meetings, Incentives, Conferences and Exhibitions) tourism and medical tourism to Vietnam.
Covid-19 has brought new challenges and opportunities to Vietnam in the 2021-25 period.
Digital transformation is an inevitable trend that will keep the economy going forward, Prime Minister Nguyen Xuan Phuc has said.
This is the company’s largest onshore wind order awarded in Vietnam so far.
While 68% of training institutions in Vietnam reported feeling well equipped for 4IR, this was lower than Cambodia (73%), the Philippines (81%) and Indonesia (95%).
Car sales in Vietnam in 2020 dropped 8% year-on-year to 296,634 units across all segments.
Vietnam’s participation in a wide range of free trade agreements is set to open new doors for further economic growth, according to Nikkei Asia.
A key strength in Vietnam’s business environment is the country’s proliferating membership of free-trade agreements.
Nearly 120 products of 77 enterprises have been recognized as Hanoi’s spearhead industrial products, marking a turnover of US$8.6 billion in 2020.
The German government fully support the enforcement of agreements in trade and industrial cooperation, including the EU – Vietnam Free Trade Agreement (EVFTA), to boost bilateral trade and investment cooperation.
The pandemic thwarted a plan to restore the railway sector by taking advantage of the peak traffic times in summer and Tet holidays.
Higher quality in newly promulgated legal documents and laws in terms of practicality and feasibility are reasons for a significant less number of circulars issued at ministerial-level agencies in 2020.
The plant will become one of two largest hydropower plants in Southeast Asia once put into operation by 2024.
The data and method used in this process will help Vietnam ensure efficient tax collection in the real estate sector, a target that the country has aimed to realize by 2030.
Cars in Vietnam since 2021 are subject to new regulations such as registration fee, import tariff, and higher emission standards.
Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism.
The latest price hike is the first for the retail price of gasoline this month.
Administrative reform and higher quality of legal framework will be key for Vietnam to enhance efficiency in economic development and integration.
Prime Minister Nguyen Xuan Phuc requested the group to strengthen cooperation with foreign partners, mostly Russians to tap potential for further development and ensure security for contractors as well.
Vietnam is currently home to nearly 800,000 operational enterprises, 98% of which are small and medium ones.
Vietnam plans to have around 50,000 IT and electronic and telecommunications companies, of which the ten largest will play a leading role and be internationally competitive with revenues of at least US$1 billion each.
