Vietnam Today
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Growth in face of escalating uncertainties
International organizations have noted what lies ahead as Vietnam works to reach ambitious growth targets set for 2025 and beyond.
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Industrial production grows remarkably in Q1
The Index of Industrial Production (IIP) rose 7.8% year-on-year
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Double-digit growth – a challenging target
Vietnam will face a number of hurdles as it strives to post double-digit growth in the years ahead, including low public investment efficiency, global trade tensions, and capital misallocation in key sectors.
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36,400 new enterprises established in Q1
Total reigistered capital reaching nearly VND356.8 trillion ($13.7 billion).
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Retail sales of goods and services hit $65.4 bln in Q1, making a year-on-year increase of 9.9%
The growth driven by increase in consumption demand during Tet and holidays in the early year.
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Vietnam-Armenia Business Forum held as part of National Assembly Chairman's visit to Armenia
Vietnam and Armenia have open economies where exports play a crucial role, and both possess the capacity to adapt to international trade principles.
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PM asks for measures to promote private sector
Measures including development of institutions that ensure transparency, reduce administrative procedures, and eliminate unnecessary steps that cause inconvenience or bottlenecks for businesses.
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To control inflation and ensure banking system safety
Efficient credit allocation is central to controlling inflation and ensuring banking system safety.
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Potential of the private sector awakened
Mr. Le Chi Phuc, CEO of SGI Capital, tells Vietnam Economic Times / VnEconomy’s Phan Linh how institutional reform can maximize the potential of the private sector and drive sustainable growth opportunities for Vietnam over the next decade.
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Private economic sector seen as spearhead of development
Though now recognized as a key component of Vietnam’s economy, domestic private enterprises still have much to do on their own part to reach their full potential.
