National
New Decree To Overhaul Investment In Education
“The Government recently issued a new decree to overhaul the regulatory framework governing foreign investment in the education sector. A key highlight of the decree, is the simplification of 14 administrative forms, the introduction of online submissions and the enhancement of data sharing among government agencies. The decree (Decree No.124) also offers investors more flexibility […]
Tech Play A Key Role In Socio- Economic Development
“Also at the event, Minister of Information and Communications Nguyễn Mạnh Hùng said there are unprecedented opportunities created by the Fourth Industrial Revolution, which may serve as a foundation for businesses to expand globally and address international challenges. In addition, Việt Nam’s transformation remains a long-term strategic objective in strengthening national competitiveness and enhancing the […]
France, VN To Jointly Address Global Challenges
“Macron’s official visit to Việt Nam from May 25-27 is the first by a French President in the last decade and the first since the two countries upgraded their ties to a Comprehensive Strategic Partnership in October 2024. With France being the first European Union (EU) country to establish such a partnership with Việt Nam, […]
Labour Productivity Key To National Competitiveness
“The Resolution of the 13th National Party Congress sets out key socio-economic development targets for the 2021–25 period, including an average annual GDP growth rate of around 6.5–7 per cent, the contribution of TFP to growth reaching around 45 per cent and an average annual increase in labour productivity of more than 6.5 per cent. […]
Inflation A Concern Following Salary Increases
Economic expert Lê Duy Bình, director of Emonica Vietnam, said that raising salaries would be essential to increase income for public employees to motivate productivity. Salary reform policies would also be necessary to stimulate demand and boost domestic consumption amid ongoing economic difficulties. However, he expressed concern that salary increases could lead to inflation. He […]
Competitiveness Must Increase To Deal With Foreign Market Rivals
“The latest platform to come into Việt Nam in early October was Temu – the international version of online retailer Pinduoduo, China’s second largest e-commerce platform. Products at Temu are sold at very low prices, with many promotional packages, so the platform has already proved popular with many Vietnamese customers. One of the highlights of […]
NA Deputies Discuss Special Policies To Boost Science, Innovation
“National Assembly deputies on Monday discussed a draft resolution on piloting special policies and mechanisms to drive breakthroughs in science and technology, innovation and digital transformation. They included a proposal to introduce a civil liability exemption for damages incurred by the State during the implementation of scientific research and technological development projects. Speaking at the […]
Power Around Us: Path To Sustainable Development
” In an era defined by the twin imperatives of environmental protection and economic resilience, one of the pertinent yet less explored questions is: Can we harness the power that is already around us? In East Asia, where both rural traditions and rapid modernisation coexist, the answer to this question is not only yes – […]