The Ministry of Industry and Trade has been gathering feedback on a proposal of Vietnam Electricity Group (EVN) for increasing electricity prices. A spike in electricity prices will be weighed carefully, Deputy Minister of Industry and Trade Do Thang Hai said at a press conference on January 3. Currently, the adjustment cycle of electricity prices […]
Read MoreThe nation’s gross domestic product (GDP) in 2022 is forecast to reach about US$413.81 billion, thereby ranking 37th in the world, according to the latest projection on the GDP scale for countries globally made by IMF. In line with the latest forecast, the scale of Vietnamese GDP in 2022 moved up four places and represented […]
Read MoreForeign and domestic companies are strongly eyeing to develop data centres in Vietnam, as demand for data storage in the country is increasing. In December, VNG Company put into operation a new and international standard data centre called VNG Data Centre in Ho Chi Minh city. The centre has an initial size of 410 server […]
Read MoreThe Ministry of Finance has suggested solutions related to fiscal and tax policies in support of citizens and businesses this year, Deputy Minister of Finance Nguyen Duc Chi told the government’s regular press conference on January 3. Chi said fiscal and tax support policies have been put in place since the COVID-19 pandemic broke out. […]
Read MoreVietnam has been listed among the world’s top 30 powerful countries in 2022 by US News & World Report. With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, […]
Read MoreAccording to the Ministry of Science and Technology (MST), together with Singapore and Indonesia, Vietnam has affirmed its position as part of the ‘golden startup triangle’ in Southeast Asia. Vietnam now ranks 54th in the global innovative startup ecosystem, a five-grade promotion compared with 2021, with four technology unicorns (unicorn is a startup with value […]
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