Vietnam is entering the third wave of reforms, with the goal of slashing at least 20 percent of business regulations in the next five years, said Minister-Chairman of the Government Office Mai Tien Dung.
The creation of several new hundreds-of-hectare urban areas in various regions in Vietnam lately has positively contributed to the national socio-economic development. However, the formation of these megacities has encountered many obstacles related to both legal issues and infrastructure insufficiency.
Vietnam, the world's biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia Review.
In addition to controlling well the Covid-19, Vietnamese Ministry of Health has been working with vaccine suppliers in the world to register for buying the Covid-19 vaccine developed by Russia and the US.
Understanding that Vietnam is one of the most heavily suffered countries of climate change, the Government has already introduced the national adaptation plan to this environmental issue in the period from 2021-2030, with a vision to 2050. Ho Chi Minh City (HCMC) has, therefore, prepared its own solutions to successfully carry out this plan, ensuring both social security and sustainable development.
Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors who want to pour capital into a seaport logistics project worth nearly US$1 billion in Vietnam.
Vietnam has become one of the world’s few economic bright spots attracting foreign investors, especially those from Australia, due to cheap labour, a young population, high education standards, and government incentive policies, experts have said.