Automation technology plays a vital role in the context of Industry 4.0 as it links all technology sectors and is present in production, business and daily life.

APEC’s vision is to lead the world in unleashing the potential of the digital and internet economy and support an accessible, open, interoperable and secure ICT environment for e-commerce to foster economic growth and prosperity, the APEC Electronic Commerce Steering Group (ECSG) said on Wednesday in HCM City.

The Mekong Delta province of Hậu Giang is actively attracting investors and creating optimal conditions for investors to implement their projects in the province.

The One Commune One Product (OCOP) agriculture trade fair will open on September 1 in the northern province of Quảng Ninh to promote local agricultural and tourism products in a bid to fully tap local potential for economic development.

Average interest rates will decrease slightly in the second half of this year, market research firm Market Intello forecast.

The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 per cent. However, experts have some concern that this would exert more pressure on the central bank to ensure macroeconomic stability and efficiency of credit growth.

Unresolved issues in Viet Nam’s regulations and the business environment have resulted in relatively low FDI inflows from US and European multinational companies, experts say.

Prime Minister Nguyễn Xuân Phúc has asked all ministries, departments and provinces to promote growth by easing the hurdles that businesses face and by helping cut down their bureaucratic expenses.

Deputy Prime Minister Vương Đình Huệ has approved a list of 406 State-owned enterprises (SOEs) marked for divestment from now until 2020.