Economy

16/05/2017

Restructuring SOEs while developing a market economy

(VOVWORLD) - Over the past few years, Vietnam has been restructuring its state-owned enterprises (SOEs) in accordance with the market mechanism. A number of enterprises have been equitized, but the equitization process has been slow and sometimes wasteful. Drastic measures are needed to make it more efficient.

Restructuring SOEs while developing a market economy
10/05/2017

Sustainable exports towards added values

(VOVWORLD) - In the first 4 months of this year, Vietnam earned more than 43 billion USD from exports, up 13% from last year. Vietnam will likely have major opportunities to increase its export revenue when free trade agreements it has signed come into force. But in addition to opportunities, restructuring will be needed to sustainably increase export values.

Sustainable exports towards added values
28/04/2017

Mekong Delta expands farm land toward large-scale production

(VOVworld) – Land concentration toward large-scale commodity production is one of the main objectives of Vietnam’s agriculture restructuring. Farm land expansion in the Mekong Delta region has benefitted those involved in large-scale production models.

Mekong Delta expands farm land toward large-scale production
25/04/2017

Dong Nai attracts foreign investment selectively

(VOVworld) - Dong Nai province has set a target of attracting at least 1 billion USD in foreign direct investment annually. The figure is relatively modest because Dong Nai, though one of Vietnam’s top FDI destinations, is attracting FDI in a selective manner.

Dong Nai attracts foreign investment selectively
18/04/2017

Agricultural restructuring focuses on improving product quality

(VOVworld) – Vietnam's agricultural sector has been restructured in recently to ensure growth. Top priority has been given to creating link chains and increasing product value in addition to dealing with challenges caused by climate change and fierce competition in the international market.

Agricultural restructuring focuses on improving product quality
04/04/2017

Vietnam applies SRP rice production standards to increase competitiveness

(VOVworld) – Farmers in the Mekong Delta Region are welcoming the news that the rice production model pursuant to the Sustainable Rice Platform (SRP) standards will be continued. The model was initiated by the Loc Troi Group, a leading provider of agricultural services and products in Vietnam, the World Bank’s IFC, the International Rice Research Institute (IRRI), and the International Sustainable Rice Forum. The program has been piloted for two crops, and has boosted local farmers’ incomes.

Vietnam applies SRP rice production standards to increase competitiveness
28/03/2017

Vietnam develops logistics services for exports

(VOVworld) - Logistics services play an important role in connecting transportation and socio-economic development. Logistics in Vietnam is gradually improving, helping domestic exporters and importers cut costs and increase their competitiveness against foreign rivals.

Vietnam develops logistics services for exports
21/03/2017

Vietnam continues to be an attractive investment destination

(VOVworld) – Vietnam gained a record 15.8 billion USD in foreign investment in 2016 thanks to its improved investment and business environment. This year, Vietnam expects to continue to be an attractive destination for foreign investors due to new opportunities from international economic integration and government incentives.

Vietnam continues to be an attractive investment destination