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Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Chairman of Quang Nam province in central Vietnam Le Tri Thanh and Vice Chairman Nguyen Hong Quang have been dismissed for their violations.
Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".
Danang has long been known as an alluring place to live in Vietnam. However, for its long-term vision, the city targets to become a liveable city at the international level.
A potential new method for calculation of the special consumption is causing unease among the Vietnam Association of Financial Investors.