The determination was made during talks between Deputy Prime Minister and Foreign Minister Pham Binh Minh and Liberian Foreign Minister Marjon Vashti Kamara in Hanoi on December 8.
Speaking at the conference, Kawaue Junichi, consul general of Japan in HCMC, said the first thing investors will look at is infrastructure when it comes to making an investment decision.
Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Việt Nam Textile and Apparel Association (VITAS) has said.
Qatar pays heed to boosting cooperation with Vietnam, said Qatari State Minister for Foreign Affairs Soltan bin Saad Al-Muraikhi.
The Vietnamese electronic supporting industry is considered too weak to access the global supply chain. Without linkages and collaboration, Vietnamese businesses will lose their market share.
The World Bank (WB) yesterday released its bi-annual report on Việt Nam’s economy, lifting its forecast for Việt Nam’s 2017 Gross Domestic Product (GDP) growth to 6.7 per cent, from the rate of 6.3 per cent it predicted in July.
It’s widely thought that Ho Chi Minh’s new financial district and mixed-use urban development, Thu Thiem, will do for the city what China’s Lujiazui Financial and Trade Zone area did for Shanghai. But, how much is wishful thinking versus reality?
Vietnam has become one of the top five exporters of aquatic products in the world thanks to the development of the fisheries sector over the past years.
RELIABLE reports since the start of this year indicate the economic competition between China and the US (and its allies) for global supremacy has intensified and will, of course, be expected to escalate in the next five years.
Tim Harcourt, a JW Nevile Fellow in Economics at UNSW Sydney and former chief economist of the Australian Trade Commission (Austrade), said that Vietnam’s economy is surging, on track to become the newest tiger in Asia, going on to delineate the steps he thinks are required for Vietnam to become a more attractive destination for foreign investment.
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