Analyst's Pick
Economy

Retirement age increase inevitable, but more should be done

The reasons for the increase, according to the ministry, include the rapidly ageing population in Việt Nam, the unbalanced social security fund, high working capacities of Vietnamese elderly and the necessity to ensure gender equality in career development. 
Economy

Electricity sector needs accountability and transparency

Việt Nam raised its retail electricity prices in March after nearly two years without change, but this decision has received mixed responses from the public. Debates on the grounds for the price hike, transparency in tariff calculation and the change's impact on the whole economy have been taken up on the floor of the National Assembly’s hearings in recent days.
Economy

High growth in 2019: Realistic or optimistic?

At the end of 2018, Việt Nam’s Gross Domestic Product (GDP) – one of the primary indicators used to gauge the health of a country’s economy – was announced by Vietnam General Statistics Office, beating forecasts made by many international institutions.

Economy

Wake-up call in ODA use and management

The Ministry of Investment and Planning has issued a warning against borrowing from the Official Development Assistance (ODA) source fearing the country could fall into an “ODA and preferential loan’s trap”. Whether ODA will be the "trap" of the economy in the medium and long term depends on our ability to change ourselves, economist Võ Trí Thành says.

Economy

US-China trade war evolves into battle for power

Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.

Economy

Keeping pace in the Fourth Industrial Revolution

The Fourth Industrial Revolution has not only had deep impact on all aspects of life but also rapidly changed the way businesses create and distribute products and services as well as the interaction between the market and the State.

Economy

Hi-tech agriculture: a solution and a challenge

Việt Nam has become known for its remarkable feat in becoming an agricultural powerhouse in a relatively short time, but it seems that the benefits accrued to farmers are not commensurate with the country’s comparative advantages and efforts.

Economy

Way to 2017 target paved with good intentions?

The Government has mapped out several short-term solutions to achieve the year's growth target of 6.7 per cent. Let’s see whether they suit the long-term plans, targets and directions that Việt Nam wants to follow to ensure sustainable, inclusive growth.

Economy

How the private sector can drive VN’s growth

The fifth plenary meeting of the 12th Communist Party of Việt Nam Central Committee in May issued an important resolution which acknowledges greater contribution of the private economy to the country’s socio-economic growth and asserts the role of the private economy as “an important driving force of the socialist-oriented market economy”.