Vietnam has undergone an astonishing 30 years of development. The World Bank's outlook for the Vietnamese economy remains highly positive, with average GDP growth of around 6% forecast annually until 2020.
Airports Corporation of Vietnam (ACV) will allocate more than VND 6,000 billion (US$264 million) to upgrade Vietnam airports in 2017.
With the fact that the state budget is facing many difficulties, Vietnam will be no longer receive preferential ODA funds from July 2017, foreign investors also reduce capital flows, encouraging investment from the private sector is promoted. The development of the private sector is a "survival" challenge for Vietnam in the near future.
Although many policymakers and economists have offered solutions to oppose against the “storm” of M&A acquisitions, many companies are struggling even in the home market. Domestic brands use a variety of solutions, such as changing business strategies, making long-term competition in the market, etc., but the majorities acknowledge that branding is difficult while protection and development of local brands is becoming more difficult, nearly alone in the fight against the “storm” of M & A.
The expansion of Tan Son Nhat International Airport, the largest one located six kilometres from the center of Ho Chi Minh City, has provoked a heated debate between the Government and Deputies of the National Assembly of Vietnam.
Vietnam’s National Target Programs (NTPs), which aims at reducing poverty of ethnic minorities in 18 provinces, has just been funded US$153 million from World Bank.
The business law system of Vietnam has recently made positive changes, creating a favorable business environment for enterprises. However, besides these positive moves, the legal system still exists many "barriers" that make the realization of "business freedom" meet many challenges.
Many drivers hit back as modern ride-hailing services like Grab have expanded into the traditional turf.
A police survey found that 70 percent of the capital's residents were in favor of the plan.
The authorities say sharing a car with a stranger comes with risks that passengers should not ignore.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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