The development of supporting industries has yet to catch up with the growth and demand of FDI enterprises, as Vietnamese enterprises are mainly micro, small and medium businesses short of capital and technology, so they cannot meet the requirements to produce components and parts of the main products, especially those which require hi-tech investment; the training of high-quality manpower for the supporting industries is still inadequate and weak; and though policies to develop the supporting industries are available, enterprises are generally let to manage by themselves. Private enterprises qualified for spearhead areas of the supporting industries have not yet been selected to develop links in the global supply chain in Vietnam. Though State-owned enterprises hold huge assets of the country, most of them are unable to build links in the global supply chain in Vietnam. … [Read more...] about Private sector development to enhance FDI efficiency
Bao kinh te sai gon online
Party Central Committee’s 15th plenum ends earlier than expected
Trong asked the Committee members to continue maintaining their solidarity and responsibility and ensure the successful organization of the 13th National Party Congress, which is the country's most important political event of the year, meeting the expectation of the whole Party and people. … [Read more...] about Party Central Committee’s 15th plenum ends earlier than expected
VND1.8-trillion Cu Chi hospital gets off ground
Nguyen Tan Binh, director of the HCMC Department of Health, said that the hospital, located in the northwestern gateway of HCMC, would be in charge of taking care of the residents of the district and some neighboring provinces and cities. Once in place, the hospital will receive some 3,500 outpatients every day. … [Read more...] about VND1.8-trillion Cu Chi hospital gets off ground
The tranquil, soothing hill in Binh Thuan
A path leading to Hon Hong Hill The hill was surrounded by plants and yellow sand where the red color of soil and the green of plants were outstanding. However, we were told that we ought to be careful with bon bon, a kind of poisonous plant which is fatal. Bon bon could be found here and there on the hill. … [Read more...] about The tranquil, soothing hill in Binh Thuan
Vietnam makes a big push into renewable energy
According to Ms. Khanh, Decree 55 on energy development strategy until 2045 endorsed by the Politburo in February 2020 provides the lifeline. It relates to formulating policies on promoting and developing renewable energy which replaces as much as possible fossil fuel, diversify energy sources and fully utilize sources of renewable and clean energy. In addition, roadmaps for coal-fired power reduction should be charted out while economic sectors, especially private entrepreneurs, are encouraged to develop energy projects and a transparent and competitive market is created. … [Read more...] about Vietnam makes a big push into renewable energy
