FOREIGN INVESTORS MAINTAIN CONFIDENCE IN VIETNAM’S ECONOMY
Vietnam attracted 14 billion USD in foreign direct investment (FDI) in the first eight months of this year, only 2 percent lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.
PROACTIVELY CONTRIBUTING TO MAKING GOOD POLICIES TO IMPROVE BUSINESS ENVIRONMENT
VCCI’s action program for implementation of the Resolution of the 13th National Party Congress emphasizes business roles in building the legal system to make a better business climate.
VCCI STEPS UP BUSINESS SUPPORT IN LAST FOUR MONTHS 2021
On September 8, 2021, the 14th Meeting of the Executive Committee of the Vietnam Chamber of Commerce and Industry (VCCI) of the sixth term ratified VCCI's work plan for the last four months of 2021, with a focus on support for businesses and business associations.
AUGUST'S CPI INCHES UP 0.25 PERCENT
Vietnam's consumer price index (CPI) in August was 0.25 percent against the previous month, according to the General Statistics Office (GSO).
OVER 85,000 BUSINESSES LEAVE MARKET
As many as 85,500 companies terminated operations in the first eight months of 2021, an increase of 24.2% from a year earlier, said the General Statistics Office (GSO). Ho Chi Minh City accounted for the most with 24,000 companies ending their operations, or 28.1% of total.
VIET NAM, JAPAN SIGN AGREEMENT ON DEFENSE EQUIPMENT AND TECHNOLOGY TRANSFER
During their talks before the aforesaid event, the two ministers reviewed the bilateral defense ties, compared notes on regional and international issues of shared concerns, including the importance of freedom of navigation and aviation in the face of complicated developments in the region, and shared the two armies’ experience in the fight against COVID-19.
HONG KONG PLANS ACCESSION TO RCEP
Hong Kong is planning to join the Regional Comprehensive Economic Partnership (RCEP) with a view to strengthening the city as a gateway for trade, investment, and business between China and RCEP economies.
VIETNAM’S POTENTIAL FOR SOLAR ENERGY DEVELOPMENT
Vietnam is blessed with excellent sunshine throughout the year, providing it with a huge potential for developing solar power.