Industrial parks key to attract investment: FAIP

Domestic and foreign businesses operating in industrial parks contribute approximately half of the country's total export turnover (as of the end of 2022) and make important contributions to the national budget.

EVN kicks off circuit-3 500kV transmission line sections

Electricity of Vietnam (EVN) and its National Power Transmission Corporation (EVNNPT) on January 18 simultaneously began the construction of various 500kV circuit-3 transmission lines in the provinces of Hà Tĩnh, Nghệ An, Thanh Hóa, and Thái Bình.

Việt Nam plays constructive role in IPEF discussions: US Ambassador

Việt Nam has been a very good partner of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by the United States in May 2022, and the country has been playing a constructive role in the IPEF discussions, US Ambassador to Vietnam Marc Knapper spoke to the Vietnam News Agency.

NA approves amended Law on Credit Institutions

Chairman of the NA Economic Committee Vũ Hồng Thanh said there have been calls to change certain provisions related to cross-ownership, manipulation and control of credit institutions (CIs), as well as measures to reduce the ownership ratio, limit credit issuance, cross-ownership and manipulation in the banking sector. 

Resilient economy

Việt Nam’s economy showed resilient growth in 2023, a challenging year marked by a global economic slowdown. Demand for Vietnamese exports, public investment and private consumption represent three main economic forces propelling the economy upward in the second half of the year. The nation’s economy is expected to continue its upward trend in 2024.

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