Vietnam economics news

Politburo member, Prime Minister Nguyen Xuan Phuc, on behalf of the Political Bureau, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report summarising the implementation of the socio-economic strategy in the 2011-2020 period and the building of a socio-economic development strategy for the 2021-2030 period; the draft report on the socio-economic situation in the 2016-2020 period and the socio-economic development plan for the 2021-2025 period. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

Experts said that SEEA is a framework that integrates economic and environmental data to provide a more comprehensive and multi-purpose view of the interrelationships between the economy and the environment, and the stocks and changes in stocks of environmental assets. SEEA provides criteria to build physical data on the environment, and link it with the monetary data in the System of National Account (SNA). … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Through her frequent meetings and visits with local and international students, she continues to support and nurture future generations of leaders. At meetings with Thảo at HDBank and Vietjet, many international students at Imperial College London, Harvard Business School, and Tuck School of Business at Dartmouth College have all expressed their admiration of Vietnam, calling it “an Asian dragon that has awakened”. … [Read more...] about Vietnam’s first female billionaire inspires younger generations to reach for the stars

Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12

“India, a country with the world's second largest population, is now considered as a promising tourist market. Each year about 25 million Indians travel abroad and this trend has been increasing rapidly in recent years. However, the number of Indian visitors to Việt Nam is still small (over 130,000 Indian visitors to Việt Nam in 2018, while the number of Indian tourists to Thailand reached about 1.5 million). "- Ambassador Phạm Sanh Châu expressed his concern. … [Read more...] about Vietnam – India culture and tourism: Chicken lays golden eggs