Viet Nam, India unlock new opportunities in agricultural trade
19:05 | 23/03/2025 23:23 | 23/08/2026Trade
Viet Nam and India are strengthening business connections and promoting agricultural trade, capitalising on new opportunities.
Private sector contributes about 51% of GDP
With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.
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Viet Nam, Singapore enter a new phase of strategic cooperation
19:05 | 23/03/2025 23:17 | 23/08/2026News and Events
Building on strong political trust and increasingly deep economic ties, Viet Nam and Singapore are opening up new drivers for cooperation.
MoIT leader: Amending the Petroleum Law to unlock investment and increase state budget revenue
19:05 | 23/03/2025 23:09 | 23/08/2026News and Events
473 out of 475 National Assembly deputies participating in the vote voted in favour of the amended Petroleum Law at the First Extraordinary Session of the 16th National Assembly.
National Assembly officially passes amended Petroleum Law
19:05 | 23/03/2025 18:20 | 23/08/2026News and Events
On August 23, at the First Extraordinary Session of the 16th National Assembly, the National Assembly voted to pass the amended Petroleum Law with an overwhelming majority.
New state policies on oil and gas
19:05 | 23/03/2025 16:05 | 23/08/2026Industry
The State encourages Vietnamese and foreign organisations and individuals to invest in basic oil and gas surveys and oil and gas activities in Viet Nam.