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Vietnam: Promoting digital economy in the context of Industry 4.0

HANOI — The digital age offers opportunities for the world economy, creating new business models, which helps boost global GDP. Dang Hoang Hai, director of the Vietnam eCommerce and Digital Economy Agency under the Ministry of Industry and Trade made the statement during a workshop in Hanoi on Friday. He said the digital economy could also help countries increase productivity, efficiency and transparency in […]

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Vietnam: CPI targeted at 3.3-3.9% this year: Deputy PM

HANOI — Ministries, sectors and localities was asked to control the consumer price index (CPI) in the range of 3.3 to 3.9 per cent this year. Deputy Prime Minister Vuong Dinh Hue, head of the National Steering Committee on Price Management, set the goal at the committee’s meeting on reviewing performance last year and planning tasks for this year held in Hanoi […]

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Vietnam urged to become a factory for the world

HANOI — Vietnam must become a factory for the world and foster a good investment environment for all economic sectors in order to develop production and boost growth. This statement was made by Prime Minister Nguyen Xuan Phuc at a meeting of the Ministry of Industry and Trade held in Hanoi on Thursday. PM Phuc said that after 30 years of […]

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Prospects look good for Vietnam’s economy in 2019

HANOI — Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable. The statement was made by Nguyen Dinh Cung, director of the Central Institute […]

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