Economy

Vietnam is an impressive emerging market with a rapid increase of foreign direct investment as well as the appearance of mega-factories in recent years, stimulating technology corporations to expand their presence here.

Deputy Prime Minister Vuong Dinh Hue, who is also Chairman of the National Steering Committee on the National One-Stop Shop (OSS) Mechanism,

Prime Minister Nguyen Xuan Phuc chaired a working session with ministries and agencies in Hanoi on February 19 to discuss the acceleration of rice purchase as a way to improve income for farmers.

The State Bank of Vietnam has requested its chapters in the Mekong Delta and commercial banks to provide loans for rice procurement in the 2019 Winter-Spring crop.

Production and sales of cement and clinkers of Vietnam have risen in recent years.

The Vietnamese aquatic sector set a target of raising its export revenue to US$10 billion in 2019.

Experts have said improving the transparency of the real estate market is critical to prevent inflated prices and ensure stable development.

A reaction plan to the African swine fever is being developed by the Ministry of Agriculture and Rural Development after pigs were found infected with the disease in neighbouring countries and territories.

Turnover from export-import activities and foreign currency service of the Mekong Delta city of Can Tho exceeded 2 billion USD in 2018 - a record high in the last 15 years.

Minister of Culture, Sports and Tourism Nguyen Ngoc Thien has recently signed a decision announcing 17 new national intangible cultural heritages.

Deputy Prime Minister Vuong Dinh Hue chaired a consultation conference in the southern province of Binh Duong on February 14

Prime Minister Nguyen Xuan Phuc has signed off a national plan on avian influenza prevention and control for 2019-2025 with a view to reducing its impact on society and the economy.