(VOVworld) - The Trans-Pacific Partnership agreement is entering the final stretch of negotiations. Economists say once Vietnam joins the agreement, its exports can enjoy the agreement’s great benefits, especially the garments and textiles sector. But it will also impose many challenges requiring domestic garment manufacturers to actively prepare themselves to meet its conditions.
(VOVworld) –Agriculture is considered an important corner-stone of Vietnam’s economy, especially set against the difficulties caused by the global economic crisis. Because of this Vietnam is paying special attention to crop restructuring and the application of science and technology to agricultural production to increase the values of export items including rice.
(VOVworld) - Launched 5 years ago, the campaign to persuade Vietnamese people to buy Vietnamese products has changed the way local consumers think about made-in-Vietnam goods. Moreover, it has improved the awareness of the domestic business community about the importance of the local market.
(VOVworld) - Vietnam’s economy is forecast to continue facing difficulties this year, with a gloomy market, low purchasing power, and difficult access to capital. Against this background, many enterprises in Ho Chi Minh City are trying to consolidate their operations, discover market needs, and figure out a way to grow.
(VOVworld) – In the first two months of this year, Vietnam attracted 1.54 billion USD in 122 new foreign direct investment (FDI) projects. Although the figure is only about 37% of FDI in January and February of last year, the quality of the FDI projects has improved.
(VOVworld) – Since the beginning of a proposal to equitize state-owned enterprises 3 years ago, 44 of 99 SOEs belong to the Ministry of Transport have been equitized. The Ministry plans to complete equitization of another 40 businesses by the end of next year.
(VOVworld) – Overcoming the country’s economic difficulties and the global financial recession, last year Ho Chi Minh City maintained a stable growth with one third of the national GDP contribution. In 2014, the city is doing its utmost to maintain this recovery.
(VOVworld) – Vietnam’s economy overcame numerous difficulties last year to gain impressive achievements. The results are attributed to experiences gained in the 2 previous years and positive effects of adopted policies. Economists predict Vietnam’s economy will prosper this year.
(VOVworld) – Last year’s exports were the main driver for Vietnam’s economy to overcome the difficult period. Vietnam earned more than 132 billion USD in revenue, 6 billion USD more than the target set by the National Assembly. Exports have brought in not only profits for the country, but also helped domestic businesses boost consumption.
(VOVworld) – Despite the world economic downturn last year, Vietnam still attracted an impressive amount of foreign direct investment. Breakthrough projects in the central provinces created lots of opportunities for the region.
