(VOVWORLD) - Due to COVID-19 and the global economic recession, HCMC’s FDI attraction has slowed down. Since the beginning of this year, the municipal administration has changed its strategy to focus on projects of high feasibility that involve new technologies, high added value, and spillover effects, and connect production with global supply chains.
(VOVWORLD) -Foreign Direct Investment (FDI) inflows are forecast to decrease this year, but FDI need for post-COVID-19 recovery and development is on the rise, forcing developing countries to compete fiercely with each other to attract foreign capital. This poses many challenges for Vietnam, but offers it an opportunity to speed up renovation.
(VOVWORLD) - Developing regional links is a consistent policy of the Party and State to tap the potential and advantages of regions and localities nationwide to serve national socio-economic development, ensure defence and security, and improve people’s lives.
(VOVWORLD) -The 13th National Party Congress Resolution defined that building a synchronous infrastructure system is one of three strategic breakthroughs. Building transport infrastructure is considered Vietnam’s top priority to promote socio-economic development, improve national competitiveness, and reduce poverty.
(VOVWORLD) -The Vietnam Chamber of Commerce and Industry (VCCI), a representative of the business community and associations of all economic sectors in Vietnam, has listened to businesses, and, based on their opinions, has offered recommendations to the government to improve the business and investment environment and boost cooperation with other countries. VCCI has fostered the strength of the Vietnamese business community, entrepreneurs and national development.
(VOVWORLD) - Despite declining oil prices globally, the Vietnam Oil and Gas Group (Petrovietnam) earned more than 775 million USD in consolidated pre-tax profit in the first four months of 2023, exceeding its plan by 77%. The amount was equivalent to 52% of this year’s plan.
(VOVWORLD) - The United Arab Emirates (UAE) is considered the financial and commercial center of the Middle East, an important gateway for Vietnamese goods to enter the Middle East, Africa, and Europe, and expand to other markets in the world. Vietnam's exports to the UAE create many opportunities for agricultural and aquatic products. The two nations began negotiating a comprehensive economic partnership agreement (CEPA) on April 6.
(VOVWORLD) - Over the past nearly half a century, Ho Chi Minh City has taken the lead in Vietnam’s socio-economic development. To maintain its growth speed and its role as the driver of the southern key economic region and the whole country, the city has promulgated open policies and mechanisms to create breakthroughs.
(VOVWORLD) - Peru is a leading producer of organic coffee and among the top 10 coffee exporters in the world. The Embassy of Peru introduced the country’s six specialty coffees as part of the first Peruvian Coffee Week in Hanoi and HCM city earlier this month. Kristell Áviles Flores, the Chief Deputy Head of Mission of the Embassy of Peru in Vietnam, took some time for VOV to explain what distinguishes Peruvian coffee from others.
(VOVWORLD) - Quang Tri province has recently shipped 15 tons of organic rice to Germany, the Czech Republic, Sweden, and France. This, opens up the prospect of building an organic rice cultivation area for export so that Quang Tri’s agriculture will develop sustainably.
