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Official Gazette

Friday, June 5, 2020
Tags: growth
Central bank delays foreign ownership cap in payment services industry Central bank delays foreign ownership cap in payment services industry
The State Bank of Vietnam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree 101.
PM orders food security ‘under any circumstance PM orders food security ‘under any circumstance’
Prime Minister Nguyen Xuan Phuc on March 18 ordered authorities and localities nationwide to ensure food security “under any circumstance”, stressing this is not only an immediate but also long-term issue.
How will the EVFTA contribute to more transparency? How will the EVFTA contribute to more transparency?
This article looks at the EU-Vietnam Free Trade Agreement (EVFTA), recently ratified by the EU Parliament, from the angle of transparency. Reviewing the road from WTO’s limited use of measures to improve transparency and reduce bribery in international trade to new generation FTAs, the paper examines headways made in mainstreaming transparency in practically all chapters of the trade agreement.
Vietnams e-commerce market to surpass USD 17 bln in 2023 Vietnam’s e-commerce market to surpass USD 17 bln in 2023
Vietnam’s e-commerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3 percent from USD 9.4 billion last year to USD 17.3 billion in 2023, data analytics company GlobalData forecast.
Party has enough prestige capacity to lead nation: top leader Party has enough prestige, capacity to lead nation: top leader
There have been no political organizations in Vietnam except the Communist Party of Vietnam that has enough will, courage, determination, brainpower, experience, prestige and capacity to lead the country to overcome difficulties and challenges, and drive the national revolutionary cause from one victory to another.
Minister: Govt requests immediate implementation of growth promotion measures Minister: Gov’t requests immediate implementation of growth promotion measures
The Government has directed ministries, agencies, businesses, localities and people to keep up with efforts to fulfill both goals of containing COVID-19 outbreak and socio-economic development, according to Minister and Chairman of the Government Office Mai Tien Dung.
Party has enough prestige capacity to lead nation: top leader Party has enough prestige, capacity to lead nation: top leader
There have been no political organizations in Vietnam except the Communist Party of Vietnam that has enough will, courage, determination, brainpower, experience, prestige and capacity to lead the country to overcome difficulties and challenges, and drive the national revolutionary cause from one victory to another.
Building and improving the legal framework on foreign exchange management Building and improving the legal framework on foreign exchange management
In recent years, especially 2019, the world economy witnessed a series of insecurities. While almost all economies show signs of a slowdown, trade tensions among economic giants, especially the US-China trade war, continued to undergo complicated developments. As a result, the global growth rate in 2019 dropped to the lowest level since the 2008-09 financial crisis. Gold prices spiked and crude oil prices strongly fluctuated, giving rise to risks in the international market and consequently, many countries had to loosen their fiscal and monetary policies.
VN to simplify customs checks VN to simplify customs checks
Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.
European Parliament ratifies EVFTA EVIPA European Parliament ratifies EVFTA, EVIPA
The European Parliament (EP) on Wednesday ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

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