Business

Targeted policies for digital creative industries can drive economic growth in Asia and Pacific

Targeted policies for digital creative industries can drive economic growth in Asia and Pacific

Coherent national strategies that develop talent and expand digital creative industries can help developing countries tap into the global creative economy, generating high-quality jobs that contribute to economic growth, according to a new report published today by the Asian

Prime Minister Pham Minh Chinh on October 8 attended and delivered an important speech at the ASEAN Business and Investment Summit (ASEAN BIS) as part of his attendance to the 44th and 45th ASEAN Summits in Vientiane, Laos.

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Self-sufficiency in raw materials critical for garment, footwear industry

Vietnam needs breakthrough solutions to upgrade the value chains of the garment and footwear industries with the focus on achieving self sufficiency in raw materials to increase added value and develop sustainably.

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Mainland Chinese stocks roared ahead Tuesday as traders returned from a week-long break to resume a blistering rally fuelled by a raft of measures aimed at reigniting the world's number two economy.

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Vietnam strives for 7.6-8% economic expansion in Q4: Minister

Minister of Planning and Investment Nguyen Chi Dung has proposed a 7.6-8% economic expansion in Quarter 4 following positive results in the previous quarter, helping achieve and exceed the full year target of 7% growth.

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Ninh Binh-Hai Phong Expressway construction to start in December

Ninh Binh will start construction on a section of the Ninh Binh-Hai Phong Expressway in December, according to the provincial vice chairman, Nguyen Cao Son.

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Vietnam creating best conditions for French firms: Top leader

Vietnam is committed to creating all favourable conditions, in accordance with legal regulations, for French investors in general and Airbus in particular to invest and conduct business effectively and sustainably in Vietnam.

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Vietnam posts 7.4% GDP growth in Q3

Vietnam's gross domestic product expanded by about 7.4% in the third quarter and 6.82% during the first nine months of 2024 compared to the respective periods of last year, the General Statistics Office has reported.

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It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance

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Banks lent more than VND480 trillion (USD18.88 billion) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6% to the end of Q2.

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The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.

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Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

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The State Bank of Vietnam’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year.

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Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

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