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Vietnam’s economy to achieve multi-targets in 2017

The Hanoitimes – This is the statement of the Prime Minister Nguyen Xuan Phuc at the fourth session of the 14th National Assembly. In the Prime Minister’s report on the socio-economic development in 2017, it stated that despite the global and regional situations were complicated with unexpected occurrences, the government had closely monitored and managed the […]

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Vietnam to become ideal destination for outsourcing

The Hanoitimes – Vietnam has set objective to become an ideal destination in business process outsourcing (BPO). (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider. BPO is typically categorized into back office outsourcing, which includes internal business functions such […]

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Vietnam earned US$154.3 billion from exports

HANOI — The country’s total import-export turnover in the first nine months of the year reached more than US$308.3 billion, posting a 21.3 per cent year-on-year increase, according to the General Department of Customs. The export turnover in the period between January and September posted a 19.8 per cent rise to $154.3 billion, compared with […]

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PEZA perks keep Philippines slightly ahead of Vietnam

MANILA, Philippines — The Philippines has now tied Vietnam in terms of labor cost attractiveness for manufacturing companies, according to Japanese investors, but the country still has a slight competitive advantage over its regional peers due to the set of incentives provided by the Philippine Economic Zone Authority (PEZA). “We observe that labor cost is […]

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Vietnam: Eye industry 4.0 to attract FDI: Experts

HANOI – It’s time Vietnam shift its attention to quality and sustainable development and eye industry 4.0 technologies to attract foreign direct investment (FDI), experts said at an online dialogue on FDI promotion strategies organised on Tuesday in Hanoi. Three decades since the Law on Foreign Investment was issued in December 1987, FDI has become […]

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