HCM City’s industrial production was forecast to maintain steady growth in 2018 with the industrial production index (IIP) to rise about 8- 8.5 per cent against last year, according to HCM City’s Department of Industry and Trade (DoIT).
Việt Nam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expats thanks to the country’s strong economic growth in recent years.
At a conference to review the industry and trade sector in 2017, Prime Minister Nguyễn Xuân Phúc lauded the sector’s accomplishment of reaching US$200 billion export turnover for the first time, the abolishment of 675 business and investment conditions (about half the previous total 1,216 regulations) and the settlement of 12 loss-making projects.
Prime Minister Nguyễn Xuân Phúc asked the Ministry of Planning and Investment to offer the Government solutions to boost economic development and turn Việt Nam into a “new tiger” of Asia.
The International Monetary Fund (IMF) is optimistic about the current state of the world economy while predicting faster growth across all regions and highlighting China’s vital role in promoting globalisation.
Every two years, major players in maritime industries and shipbuilding all over Vietnam gather at Vietship, one of the largest and most prestigious maritime trade shows in Vietnam.
Removing all obstacles towards Vietnamese investments in Laos and the two countries’ joint projects will be among Vietnam’s priorities in further riveting co-operation with its western neighbour this year.
Việt Nam is optimistic about bilateral relations between Việt Nam and the US in 2018, said Vietnamese Deputy Foreign Minister Hà Kim Ngọc at a seminar on Wednesday.
President Trần Đại Quang said on Thursday that together with other inter-parliamentary groups, the Asia-Pacific Parliamentary Forum could help promote world development that originated in Asia and the Pacific.
Poorly implemented economic reforms have left Việt Nam with a distorted market still struggling to overcome the shadow of inefficient State-owned enterprises, an economist said on Thursday.
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