Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media
Ipsos business consulting vietnam
Foxconn unit receives business license for $270 mln Vietnam plant
Foxconn, a major assembler of Apple products, including the iPhone, and the world's largest contract manufacturer, came to Vietnam in 2007, and has been operating mainly in the northern provinces of Bac Ninh, Bac Giang and Vinh Phuc, making computers and other electronic products and car parts. … [Read more...] about Foxconn unit receives business license for $270 mln Vietnam plant
Quang Binh asked to improve business environment to lure more investors
Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors
VIETNAM NEWS JANUARY 18
The State budget spent about 18 trillion VND (779.69 million USD) implementing social assistance policies for the elderly in the community. Specifically, more than 1.8 million elderly people received monthly allowances, over 1.4 million enjoyed allowances as national contributors, and 3.1 million are enjoying pensions and social insurance benefits. In addition, 12.1 million senior citizens currently have health insurance cards. … [Read more...] about VIETNAM NEWS JANUARY 18
Businesses join efforts in assisting people affected by pandemic, natural disasters
HCM City (VNA) – Up to 4,200 workers affected by COVID-19 will receive support from a programme jointly launched by the Vietnam General Confederation of Labour, Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco) and local authorities. With total funding of more than 4.2 billion VND (181,300 USD), the programme will come to 28 cities and provinces nationwide from now to the Tet (Lunar New Year) festival, the corporation said on January 18. Earlier, under the programme, 1 billion VND was presented to central localities hit by floods and storms. Bennett Neo, Sabeco General Director, said the programme aims to help workers overcome difficulties and enjoy a happy Tet festival with their families. Meanwhile, VinaCapital Foundation has recently announced the second phase of a campaign to help Nam Tra My district in the central province of Quang Nam deal with consequences of natural disasters. More than 4.8 billion VND has been mobilised for the campaign, launched in October … [Read more...] about Businesses join efforts in assisting people affected by pandemic, natural disasters
