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Private sector a key driver of Vietnam's economy

Private sector a key driver of Vietnam's economy

The private sector plays an important role in any country’s economy but private enterprises in Vietnam are still subject to a host of risks and difficulties posed by administrative institutions.
Experts propose higher fuel tax

Experts propose higher fuel tax

Researchers of the Central Institute of Economic Management (CIEM) have proposed the Government levy special consumption tax rate for bio-fuel equal to half of the rate for gasoline.
Largest solar power plant inaugurated

Largest solar power plant inaugurated

Deputy PM Truong Hoa Binh attended the inauguration ceremony of the cluster of Srepek 1 and Quang Minh solar power plants in Buon Don district’s Ea Wer commune in Dak Lak province later last week.
Infrastructure, investment growth help boost Haiphong

Infrastructure, investment growth help boost Haiphong

Strong industrial infrastructure development and a sharp rise in investment in Haiphong City have helped to fuel the municipal tourism sector, according to leading international property services provider Savills.
Vietnam, US to introduce White Book on trade ties

Vietnam, US to introduce White Book on trade ties

The US Chamber of Commerce is now coordinating with Vietnamese ministries and agencies and the Viet Nam Chamber of Commerce and Industry (VCCI) to introduce a White book on the future of the two countries’ trade ties.
Vietnam faces cybersecurity threats

Vietnam faces cybersecurity threats

Vietnam continues to be one of the countries with the highest number of detected online infections, according to Kaspersky Security Network data.
Air Busan increases flights to central Da Nang city

Air Busan increases flights to central Da Nang city

Air Busan, a low-cost airline of the Republic of Korea (RoK), will increase its flights to central Da Nang city of Vietnam and other cities in Asia in order to meet the growing travel demand of passengers.
Vietnamese, US investors to cooperate in LNG project

Vietnamese, US investors to cooperate in LNG project

T&T Group and its US partner Gen X Energy recently worked with leaders of the southern province of Ba Ria – Vung Tau to discuss investing in a liquefied natural gas (LNG) project worth nearly 6 billion USD in
Vietnam sees sharp rise in USD millionaires

Vietnam sees sharp rise in USD millionaires

Vietnam had 12,327 people with USD3 million to below USD30 million in net assets by the end of 2018, up 23% over the past five years and the figure is projected to reach 15,776 people by 2023.
iDEA: Internet economy to be worth $15 bn by 2020

iDEA: Internet economy to be worth $15 bn by 2020

Vietnam’s internet economy was estimated to have increased in value by 30 per cent in 2018 compared to 2017, reaching $8 billion, according to the latest report from the Vietnam eCommerce and Digital Economy Agency under the Ministry of
Seafood industry faces shortage of input materials

Seafood industry faces shortage of input materials

Vietnam’s seafood sector is facing a severe shortage of input material, which will affect the industry’s goal to export US$10.5 billion worth of seafood this year, up US$1 billion against the figure seen in 2018, Nguoi Lao Dong newspaper

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