Deputy Prime Minister Vương Đình Huệ has asked the Ministry of Justice and the State Bank of Việt Nam to hasten and complete the legal framework for managing virtual currencies in Việt Nam.
The securities market is likely to be the most attractive investment channel for investors in the Vietnamese economy this year, analysts say.
As feared, the Eleventh Ministerial Conference (MC11) of the World Trade Organization (WTO) in Buenos Aires, Argentina, on Dec 10-13, 2017, ended in failure. It failed to even produce the customary ministerial declaration reiterating the centrality of the global trading system and the importance of trade as a driver of development.
The international community has praised Viet Nam for a successful economic integration in 2017 thanks to creative and drastic management of the Government.
Vietnam’s external activities in 2017 enabled it to integrate into the world more extensively and raise its international status demonstrated by strengthened relationships with its key partners. VOV reviews Vietnam’s diplomatic activities in 2017.
One key lesson about economic integration that Asean can take away from the European Union is perseverance.
The old economic order is dead, but India and China must take the lead to preserve its successes
From an international trade standpoint, the year 2017 will go down as one of the most complicated during the past 20 years.
Việt Nam has remained an attractive destination for foreign investors in 2017 with total FDI capital registered in the country hitting a record high of US$35.88 billion, up 44.4 per cent against last year.
The processing and manufacturing industry is always the most attractive foreign direct investment (FDI) segment, accounting for 45 per cent of total registered investment capital. However, Vietnamese enterprises are stuck on the lower rungs in the global supply chain.
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