Economy - Investment
Prime Minister Pham Minh Chinh chaired a dialogue with European enterprises in Hanoi on March 2 to boost cooperation and investment, aiming to achieve a growth rate of at least 8% this year, paving the way for double-digit growth in the years ahead.
Economy - Investment
Actively supporting enterprises, production establishments, and cooperatives to put products on the province's e-commerce platforms not only expands sales channels and boosts consumption but also contributes effectively to the promotion of signature products in the province.
Phu Yen news
Exchanging and cooperating with Seongdong district (Seoul, South Korea), Tuy Hoa city has gained more experience in operating smart city and green city; simultaneously, promoting trade to bring distinctive local seafood to the Korean market.
Phu Yen news
The banking sector, particularly commercial banks, is expected to play a crucial, pioneering role, and act as a catalyst to unleash potential, seize emerging opportunities, and drive fresh momentum to help Vietnam achieve its set economic growth target of at least 8% this year.
Identifying public investment as the growth engine, steering the economy, Phu Yen province has promptly directed departments, branches, investors and local People's Committees to actively accelerate the construction progress of projects and works using public investment capital; determined to achieve the highest rate of public investment capital disbursement in 2025.
The 15th National Assembly (NA) on November 29 afternoon passed the revised Law on Public Investment with 441 out of 448 deputies voting in favour.
Prime Minister Pham Minh Chinh on November 26 ordered the continuation of developing the domestic market and boosting consumption in the remainder of the year.
Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.
Economy - Investment
Prime Minister Pham Minh Chinh attended the 2024 US-Vietnam Business Summit, jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce (AmCham) in Hanoi on November 27.
Economy - Investment
The Green Market is one of the trade advertisement and promotion programs that regularly attracts the participation of businesses and production establishments and as well as receiving attention and positive feedback from both consumers and tourists.
Economy - Investment
Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.
Economy - Investment
The entire province has more than 350 OCOP products, but only 10 of which are rated as 4-star level. In order to have more OCOP products as well as upgrading recognized products, numerous localities are actively accompanying and having support mechanisms to strongly develop 4-star products in the coming time.
Economy - Investment
Vietnamese authorities and businesses are rolling out comprehensive promotion programmes to boost consumer spending for the upcoming Tet holiday (Lunar New Year).
Economy - Investment
Along with the cities in the South Central Coast urban cluster, the urban areas in Phu Yen province constantly strive to green the space, expand the connection to create harmony between urban life and nature. Compared to the cities in the cluster, Tuy Hoa city is one of the few cities that effectively operates the Smart Urban Operations Center; Dong Hoa town and Song Cau town are the two North and South locomotives, helping increase connectivity with neighboring provinces and the region.
Economy - Investment
Vietnam's e-commerce and digital economy remain highlights of the country’s socioeconomic development, with the internet economy to reach 36 billion USD this year, marking a 16% increase compared to 2023, heard a forum on digital transformation of industry and trade in 2024 in Hanoi on November 21.
Economy - Investment
Vietnam’s textile and garment industry aims to achieve 47–48 billion USD in export turnover in 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).