Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
New retail malls are consistently being introduced in districts outside the central areas, offering a wide array of business models. This trend is gradually transforming traditional street-front retail, which is under significant pressure from the growing e-commerce sector.
The Indonesia Economic Summit, organised by the Indonesian Business Council, discussed strategies to address global economic challenges and promote Indonesia's sustainable growth.
The merchandise trade between ASEAN and East Asian countries in 2023 topped 1.73 trillion USD, accounting for 49.7% of ASEAN's total trade value and making East Asia the top trading partner of ASEAN, according to figures released at the recent 12th East Asia Summit (EAS) Economic Ministers' Meeting in Vientiane, Laos.
Member states of the Association of Southeast Asian Nations (ASEAN) should strengthen solidarity, enhance economic integration, nurture the political ties in a deeper manner, and show their unified stance on important issues, President of the ASEAN – Institute of Strategic and International Studies (ISIS) Malaysia network Yose Rizal Damuri said on June 5.
Vietnam is facing four key challenges, including the risk of becoming a country that have commercial friction with the US, early non-industrialization, not being able to participate in industrialization production chain and not really grasping the automotive industry, according to a Japanese expert.