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Update news growth rate
The non-life insurance segment recaptured momentum, reaching double-digit growth in premium revenue in the first half of this year.
E-commerce accounts for less than 5% of retail in Vietnam, meanwhile, it is one-third in China. That means the country's growth potential is huge.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.
Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said.
Retail sales of goods and services in Vietnam reached VND4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).
Businesses say that the air transportation market is becoming saturated and growth has slowed down. The era when air carriers obtained growth with an increased number of passengers appears to be over.
Vietnam has 30.5 civil servants for every 1,000 people, a high proportion compared with other regional countries such as Indonesia (17.64), the Philippines (13.02) and Singapore (25.69).
VietNamNet Bridge - The high number of imports of input materials and exports of finished products by foreign invested enterprises (FIEs) has led to an increased growth rate for the seafood industry.
“When seeing us to the entrance gate, Prime Minister Phan Van Khai said: 'Truc, please try to control the internet network wellor we will not be able to explain to the world if we open the internet and then have to close it,"Truc recalled.
"If we had not opened the market to create a telecommunication and internet competitive market, we would have found it difficult to sign BTA and WTO, i.e hindering the country’s development and integration," said Mai Liem Truc.
VietNamNet Bridge - It was a brilliant period in the post & telecommunication development history with enthusiastic leaders who had spirit of commitment, and who dared to reform, take responsibility and throw themselves in difficulties.
Sabeco and Habeco, the two largest Vietnamese breweries, made VND5.3 trillion in pretax profit in 2014. However, the figure was still far below that earned by VBL, the distributor of Heineken, Tiger and Biere-Larue.
Consumer price index (CPI) in the capital city witnessed a light surge while its industrial index registered a sharp increase this October, based on figures from its statistics offic
VietNamNet Bridge – Economists have warned that Vietnam could fall into the middle-income trap, and it is predicted that within several years it could even fall behind Laos and Cambodia in economic growth.
VietNamNet Bridge – Lazada, the only foreign major player in the e-commerce market, has ambitions to dislodge Vietnamese ChoDienTu from its No 1 position.
VietNamNet Bridge – While the government has stated that it does not intend to lower economic growth targets, economists have warned that the public should be prepared for an unsatisfactory economic performance in 2014.
Slower growth in manufacturing sector; Strict control on gas prices; Hanoi’s efforts to iron out snags for businesses; An Giang to ship main products to Netherlands; Vietnam’s rice export price surpasses Thailand
VietNamNet Bridge – While the global economies have warmed up, Vietnam still has been bogging down in its big difficulties.
Premium growth slumps in first half; Businesses receive support for US market expansion; Vietnam's US trade surplus hits new heights; Mitsui eyes IT parks in Da Nang city
Viettel, one of the three biggest telecom groups in Vietnam, holds for certain the “admission ticket” to the pay-TV market. What will it do to compete with the existing experienced content service providers?