Business News

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LOGISTICS HUMAN RESOURCE DEVELOPMENT - KEY TO SERVICE COMPETITIVENESS IMPROVEMENT

To overcome the inadequacies and create more favorable conditions for logistics human resource development in general and logistics training in particular, the Minister of Home Affairs issued Decision 568/QD-BNV dated April 30, 2021 allowing the establishment of the Vietnam Association for Logistics Manpower Development.

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VIETNAM POSTS HIGHEST Q2 GDP GROWTH IN DECADE

The country’s GDP growth this quarter sent the figure in the first half of the year to 6.42%, the highest for the period in three years and higher than the 2.04% and 5.74% in the same period of 2020 and 2021. However, the growth rate was lower than the 7.28% and 6.98% in the first half of 2018 and 2019.

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ADVANCING DIGITAL TRANSFORMATION IN SEAPORT INDUSTRY

The digital ecosystem will help eliminate traditional manual transactions in seaports and digitize processes, in line with the trend of the fourth industrial revolution.

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STRENGTHENING MAGNETISM OF INDUSTRIAL ZONES

Ninh Thuan will strive to become a relatively developed province in the region and the country by 2025. To create a driving force for socioeconomic development, the province will focus on drawing investment flows into industrial zones. Accordingly, the Ninh Thuan Management Board of Industrial Zones has made ongoing efforts to build an open business and investment environment.

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VIETNAM ATTRACTS MORE THAN 14 BILLION USD OF FDI IN H1

Vietnam reached more than 14 billion USD in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI).

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VN TO ESTABLISH INDUSTRIAL ENVIRONMENTAL INDEX

The Ministry of Planning and Investment (MPI) has called for the implementation of an industrial environmental index in Việt Nam, according to Lê Thành Quân, head of MPI's department of economic zone management.

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NEWLY-ESTABLISHED BUSINESSES IN H1 EXCEED 70,000 FOR FIRST TIME

There were 76,233 newly-registered enterprises in the first six months of this year, an increase of 13.6 per cent compared to last year. This is the first time that the number of newly-established enterprises in the first six months has exceeded 70,000.

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EXPORT GROWTH RATE PROJECTED TO REACH 6-7% ANNUALLY IN 2021-2030

A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.

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VIETNAM CONTINUES TO BE ONE OF THE TOP FDI RECEIVERS IN ASEAN

According to the latest report by HSBC, total FDI to ASEAN-6 (Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines) has averaged nearly $127 billion per year since 2010, approximately three times more than the average over the previous decade – the average for 2000-09 was $41 billion.

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