economic recovery

Update news economic recovery

With a high gross domestic product (GDP) growth rate, low inflation rate and stable exchange rate, Vietnam is a bright spot in the global economic picture.

Vietnam's economy on right track for recovery

Vietnam's effective response to Covid-19 remains critical to economic recovery. During a group discussion on October 22, National Assembly deputies from Hanoi shared their satisfaction with the economy's recovery

Vietnam, Cambodia lead ASEAN comeback in Nikkei COVID-19 Recovery Index

Cambodia and Vietnam lead the way in Southeast Asian for countries bouncing back from the impact of the pandemic, according to the Nikkei's latest and final COVID-19 Recovery Index.

Over US$6 bln earmarked for national socio-economic recovery

Prime Minister Pham Minh Chinh has issued a decision earmarking over VND147 trillion (US$6.39 billion) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.

Vietnam’s economic rebound to continue in H2: ADB

Vietnam’s economic rebound is expected to continue over the second half of 2022, supported by strong economic fundamental, flexible monetary policy

Vietnamese economy forecast to grow 7.5% in 2022

The nation’s economic recovery has accelerated over the last six months on the back of a resilient manufacturing sector coupled with a robust rebound in services, according to a World Bank (WB) economic update for Vietnam released on August 8.

Vietnam establishes steering committee for economic recovery

Prime Minister Pham Minh Chinh has decided to establish the steering committee on implementation of socio-economic recovery and development, which is led by Deputy PM Le Minh Khai.

Vietnamese businesses on way to recovery after pandemic

Meta’s survey shows that small and medium enterprises in Vietnam are affected by the new Covid-19 strain, but optimistic signals are revealed.

Private sector plays key role in post-pandemic recovery

Vietnam's emerging and dynamic private sector proved its resilience during the Covid-19 pandemic as it helped the country become one of the few countries to obtain positive growth in 2020. 

Reopened international flights to help FDI take off

The reopening of international flights to Vietnam after more than one year of closure, coupled with the country’s bright prospect for economic recovery, will help accelerate the inflow of foreign direct investment (FDI).

Businesses expect tax, fee cut to energize production, trading

The costs of petrol, logistics, imported materials, and labor have simultaneously increased, putting more burden on the production activities of enterprises.

Post-pandemic business recovery on the way in HCM City

Many enterprises in Ho Chi Minh City have witnessed a rebound in production and exports since the beginning of the year, despite continuing to face COVID-19 challenges, according to industry insiders.

What makes foreign investors choose Vietnam instead of neighboring markets?

In 2022, Vietnam is forecast to record growth at a significantly higher rate, partly thanks to the high vaccination rate that helped the country recovered most of its economic activity since late 2021.

 

Driving force for Vietnam's economic recovery in 2022

The rebound in domestic consumption demand and strong export growth will be the driving force for Vietnam’s economic growth in 2022. Another important driver is the recovery of the service and tourism sectors.

Vietnam speeds up disbursement of economic recovery package

Vietnam will soon disburse at least 50 percent of the VND350 trillion economic recovery package, the largest in its history, aiming to reboot the country’s economy after a long period of social and mobility restrictions due to the COVID-19 pandemic.

Labour shortage threatens VN tourism recovery

Vietnamese tourism is planned to reopen on March 15, but a labour shortage threatens its recovery.

The race to open large-scale stores in HCM City

After the pandemic, many businesses, especially those in the fields of fashion and cosmetics, want to open large-scale stores in prime locations in the center of Ho Chi Minh City.

2022: A year to ‘live with’ and to ‘overcome’ the pandemic

The year 2022 will not only be the time to live with but overcome the Covid-19 pandemic with a proactive attitude. 

Waking up after a long hibernation

After nearly 2 years conserving energy to survive adverse COVID-19, a ray of light can be seen on the horizon for the national tourism industry and the airline sector.

VND350 trillion economic recovery package: workers can borrow money to buy, rent houses

An economic recovery package worth VND350 trillion, the largest package so far, to be disbursed in 2022 and 2023, offers many supportive measures. Workers experiencing difficulties can borrow money to buy or rent social housing.