HCMC – The Government is aiming for a softer gross domestic product (GDP) growth rate of 6.8% this year and an inflation ratio of less than 4%, according to a new resolution on key tasks and measures to execute the socioeconomic development plan and the State budget estimates for 2019. In 2018, the country achieved […]
Read MoreHANOI — The State Bank of Vietnam (SBV) has issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last year as planned. Under the new circular, lenders will be permitted to provide short-term […]
Read MoreHANOI — Total retail sales of goods and services in Vietnam reached nearly VND4.4 quadrillion (US$191 billion) in 2018, representing a rise of 11.7 per cent against the previous year, according to the General Statistics Office (GSO). According to the GSO, the increase reflected strong purchasing power in the domestic market, which contributed significantly to […]
Read More(VEN) – The results of a survey carried out by the Vietnam Chamber of Commerce and Industry (VCCI) show that most companies saw considerable improvements of the investment and business environment in the past several years. In their opinion, however, the level of improvement varies between different sectors, as well as between different localities. VCCI conducted the survey […]
Read MoreThe Hanoitimes – A 10-year high GDP growth rate, the country’s largest cryptocurrency scam, the controversial special economic zone bill are outstanding pieces of the overall picture of Vietnam’s economy in 2018. Vietnam’s economy has been growing strongly in 2018 and laying solid foundation for the country to fulfill all targets set for the 2016 – […]
Read MoreThe Hanoitimes – Lang Co – Canh Duong National Tourism Zone is expected to be one of the major destinations in Vietnam for foreign visitors with resorts, amusement park and international port. Prime Minister Nguyen Xuan Phuc has approved a master plan for the development of Lang Co – Canh Duong National Tourism Zone until 2025,with […]
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