The Hanoitimes – The structure of state budget expenditures is set to improved, of which, regular spending continues to decline and expenditure for development investment is going to increase. Vietnam’s state budget overspending in 2019 will be kept at VND222 trillion (US$9.49 billion) or the ratio of 3.6% of its GDP, according to Minister of Finance […]
Read MoreThe Hanoitimes – As the Chinese yuan (CNY) is expected to continue sliding, the Vietnamese dong (VND) could in turn see it value lost by a further 0.5-1 percent toward the year end, requiring the central bank to be more flexible with its FX policy. The weakness of the Chinese currency seen in the past months […]
Read MoreThe Ministry of Agriculture and Agro-Based Industry Malaysia (MOA) has announced plans to suspend imports of chilies from Viet Nam after detecting residue of chemicals used for plant protection exceeding the permissible level. However, Pham Quoc Anh, Vietnamese Trade Counselor in Malaysia, has recently told Vietnam News Agency that there were two notable issues with […]
Read MoreVietNamNet Bridge – Vietnam has a high percentage of internet and social network users, but the proportion of people making payments via internet remains very modest. “It’s about time to question why Vietnam has a high number of internet and Facebook users, but it still cannot popularize non-cash payment methods,” said Dang Khac Loi, deputy […]
Read MoreQuang Ninh (VNA) – The seventh seminar on Vietnam-Cambodia-Laos cooperation took place in Vietnam’s northern province of Quang Ninh on October 15, highlighting the significance of economic ties between the three countries. The annual event was held by the Vietnam Academy of Social Sciences (VASS), the Royal Academy of Cambodia (RAC), and the Lao Academy of […]
Read MoreThe Hanoitimes – Generation Z is estimated to be around 15 million people by 2025, representing approximately 25% of the country’s workforce. Generation Z, born between 1996 and 2005, is already having a marked impact on the consumer landscape in Vietnam given their growing purchasing power while they are years from fully establishing themselves, according to […]
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