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Nghe An (VNA) – The central province of Nghe An on April 26 held a conference to seek closer cooperation between the locality and Japanese investors.

Vietnamese shares slid on Thursday morning as investors began to take some profits from the market’s advance last week.

Vietnam ran a trade deficit of US$11.9 billion with China in the first four months of the year, up a staggering 53.8% year-on-year. China remained the largest supplier of goods to Vietnam during the period, according to the General Statistics Office (GSO).

The private sector in Vietnam has long been playing an important role in the development of the country’s economy. To highlight the contribution of the sector and real estate market, VIR’s Bich Ngoc talked to veteran American investor and CEO of Indochina Capital, Peter Ryder, who has more than 25 years of business experience in Vietnam.

The United States’ desire to facilitate private investment into Southeast Asia’s infrastructure projects will be a boon for the region, and Vietnam has an opportunity for a piece of the pie.

In the development of the Vietnamese economy, more women are running businesses across the country. There are around 145,000 small- and medium-sized enterprises currently run by women throughout Vietnam. The country, therefore, has been described as a land of extraordinary economic opportunity for women, while at the same time tempered by social constraints. Mai Ha reports.

Vietnam’s manufacturers and service providers alike are awakening to the immense gains from research and development, and cutting-edge technology which they can use to either comprehensively restructure their operations and to boost their performance.

In the context of Industry 4.0, Vietnam is trying its best to promote a digital economy, with an initiative to promote a national innovation centre.

Proposals on the special consumption tax exemption for locally-manufactured parts will be a key driver for automobile manufacturing and supporting industries to take flight with the help of the private sector.