The Hanoitimes – Productivity movement so far has been too small, scattered and only partially implemented, and did not reach the critical point to change the national mindset and produce visible results. The gap between productivity level of Vietnam and regional peers has widened, placing growing pressure for Vietnam to catch up with those in the […]
Read MoreThe Hanoitimes – Coal-fired power would still play a key role in the country’s electricity industry in the coming years. Foreign investors have recently shown their concerns about the country’s risk of power shortage next time, but experts said the government will increase the electricity supply, especially from coal-fired power, to meet the country’s rapidly rising […]
Read MoreThe Hanoitimes – At the end of December, the aggregate outstanding bonds of Vietnam’s 30 largest corporate local currency (LCY) bond issuers amounted to VND95.6 trillion (US$4.18 billion), representing 96.3% of the total LCY corporate bond stock. Vietnam’s local currency (LCY) bonds outstanding stood at VND1,180.5 trillion (US$51 billion) at the end of December, down 5.3% […]
Read MoreThe Hanoitimes – The difference between a successful and non-successful country in escaping the middle-income trap is the total factor productivity (TFP), which is determined by how efficiently and intensely the inputs are utilized in production. A breakthrough in productivity would be Vietnam’s new growth engine in the 2021 – 2030 period, helping the country successfully […]
Read MoreThe Hanoitimes – The higher the expected rate of return, the more that private funds would be attracted, according to an ADB expert. The government should increase the rate of return on infrastructure investment in a bid to attract more foreign investors in the industry, experts said. According to Naoyuki Yoshino, dean of the Asian Development […]
Read MoreThe Hanoitimes – Growing number of consumers are using smartphones over other mobile devices to shop online globally. Among emerging countries, Vietnam recorded the strongest increase of mobile payments at 61% in 2019 from a 37% growth rate year earlier, according to PwC’s latest Global Consumer Insights Survey. Within the group, China claimed the top spot […]
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