Economy

26/07/2017

Opportunities offered by ASEAN Economic Community for Vietnamese enterprises

(VOVWORLD) - With a market of more than 600 million people, GDP expected to reach 4.7 trillion USD by 2020, and potentially becoming the world's fourth largest economy by 2030, the ASEAN Economic Community (AEC) is offering many opportunities for ASEAN businesses, including businesses from Vietnam. 2 years after the establishment of the AEC, Vietnamese businesses are doing their best to find a way to gain market share in ASEAN markets.

18/07/2017

Vietnam promotes Ngoc Linh ginseng as a national brand

(VOVWORLD) - Ngoc Linh ginseng is a medicinal herb found on Ngoc Linh Mountain located between Quang Nam and Kon Tum province. Ngoc Linh ginseng is considered one of the five most valuable medicinal species in the world and produces high profits. Nam Tra My district of Quang Nam province has been working to protect Ngoc Linh ginseng, expand its growing area, and promote a brand for it to the world.

11/07/2017

Thaco Truong Hai Chu Lai, the most successful business in Quang Nam

(VOVWORLD) - 14 years after the Prime Minister signed a decision establishing the Chu Lai Open Economic Zone, many factories have been built there, making it a key economic zone in the central region. Thaco, one of the first companies to invest in the zone, is Vietnam’s largest car-maker.

06/07/2017

Dien Nam-Dien Ngoc IP drives Quang Nam’s development

(VOVWORLD) - Dien Nam-Dien Ngoc Industrial Park in Quang Nam province is helping to carry the province into the future. Large projects in the park have boosted the local economy, improved living conditions, and created jobs for thousands of people.

30/06/2017

Chu Lai Open Economic Zone, driving force of Quang Nam’s economy

(VOVWORLD) - 14 years after its creation, the Chu Lai Open Economic Zone has become a reliable destination for domestic and foreign investors. Its achievements have driven Quang Name’s economic growth.

22/06/2017

“Rice field with flower bank” model

(VOVWORLD) - An Nhut cooperative in Ba Ria-Vung Tau province is piloting a new cultivation model called “Rice field with flower bank”, where farmers grow flowers along rice field banks to entice useful insects to eat harmful worms and increase the productivity.

14/06/2017

Vietnam’s aquatic product growth likely to be challenged in 2017

(VOVWORLD) - Vietnam’s aquatic sector will likely find it hard to realize the growth target of 7.4 billion USD this year given international economic integration, tougher technical barriers by importer nations, and a growing number of competitors. What to do to overcome the hurdles? These are the solutions the sector must put forward and implement in 2017.

06/06/2017

Franchising remains a new concept in Vietnam

(VOVWORLD) - Franchising has become a popular business model around the world. Due to global integration, it has now reached Vietnam. But franchising is still a novel idea to most Vietnamese businessmen, particularly developing a franchise strong enough to compete globally.

31/05/2017

Vietnam’s efforts to realize the target of 1 million efficient businesses by 2020

(VOVWORLD) - The target of having 1 million efficient private businesses by 2020 as set by a government resolution is within reach. The government is creating the best possible conditions for enterprises.

24/05/2017

SME development project offers community development opportunities in Hoai Duc

(VOVWORLD) - Small and medium-sized enterprises (SME) are considered a driving force for growth, a source of jobs and rising income for workers. In recent years SMEs have been contributing to economic growth in Hanoi’s Hoai Duc district with the help of an organization called ‘Youth With A Mission’.