Economy

27/03/2020

Organic circular farming model

(VOVWORLD) - The organic circular farming model is an agricultural production method that makes full use of every byproduct; for example, turning cornstalks, sugarcane refuse, and the husks of rice, beans, and peanuts into fertilizer or animal feed. In the organic circular farming model, nothing is wasted. Farmers earn money from what used to be considered garbage. The model produces no agricultural waste and minimal pollution. “Nguyên Khôi Xanh” farm, operated by Nguyen Phuong Thao and Nguyen Luong Quyet, is a successful organic circular farming model in Phú Thọ province.

Organic circular farming model
10/03/2020

Lang Son promotes border gate economy

(VOVWORLD) - Bordering China, Lang Son province defines border gate economy as the spearhead of local economic development. The province has implemented several policies to attract investment into its border gate economic zones helping the local economy experience firm growth.

Lang Son promotes border gate economy
03/03/2020

Export market diversified to reduce impacts of Covid-19

(VOVWORLD) - The current Covid-19 epidemic is affecting all industries, production, and trade as well as Vietnam’s economic growth. Diversification of export markets is seen as an important solution to the Vietnamese economy.

Export market diversified to reduce impacts of Covid-19
25/02/2020

Competitiveness strengthened for successful integration into EVFTA

(VOVWORLD) - The European Parliament ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) on February 12. The deals will create long-term bilateral cooperation frameworks toward mutually beneficial partnership and sustainable international economic links. They will also give the Vietnamese business community an opportunity to improve its competitiveness in global value chains.

Competitiveness strengthened for successful integration into EVFTA
18/02/2020

Soc Trang farmers earn high from shrimp-rice farming

(VOVWORLD) - The shrimp-rice farming model has proved its sustainability and stability in both production and economic efficiency, especially in the context of climate change and serious saltwater intrusion. With a large specialized area for shrimp-rice farming, Soc Trang province is fully tapping the model’s advantages.

Soc Trang farmers earn high from shrimp-rice farming
11/02/2020

Vietnam’s economic growth in 2020 driven by traditional sectors

(VOVWORLD) - Vietnam’s GDP increased 7.02% last year, marking the second consecutive year the economic growth rate has surpassed 7%. Economists say this will create momentum for this year’s growth, which will be primarily driven by traditional sectors.

Vietnam’s economic growth in 2020 driven by traditional sectors
04/02/2020

Vietnam continues to focus on macroeconomic stabilization

(VOVWORLD) - Vietnam's economy grew 7.02% last year despite numerous challenges. It was one of the countries with the highest growth rate and macroeconomic stability in the world. This year Vietnam continues to maintain macroeconomic stability amidst unfavorable international conditions.

Vietnam continues to focus on macroeconomic stabilization