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Update news vietnam economy
The latest Covid-19 outbreak, which began in late April, has slowed down the industrial real estate market. There have been only small-scale projects and no large scale one announced.
Effective usage of the state budget has helped Vietnam succeed in bringing public debt under control since 2016, ensuring national financial security.
Remittances to HCM City rise by 22.34% in first half of 2021
Prime Minister Pham Minh Chinh has said that Vietnam should not adjust the development goals and agrees with the two GDP growth scenarios designed by the Ministry of Planning and Investment (MPI).
Vietnamese, German firms sign contract for supply of container cranes
Vietnamese have turned the tables to become dominant in the retail market, while many foreign giants have had to leave.
First Pfizer COVID-19 vaccine doses arrive in Vietnam
Steering committee set up to ensure goods supply for HCM City, southern provinces
The domestic economy has been gradually escaping from a slowdown, with growth bouncing back over the past three months thanks to the government’s efforts to curb the pandemic and remove enterprises’ obstructions,
Disbursement of public investment must be sped up in H2
The high GDP growth rate of 5.64 percent reported for H1, when a number of large cities and provinces were under social distancing, businesses had to close, and people lost their livelihoods, has puzzled many people.
If Vietnam could control inflation cautiously and proactively, the CPI for the whole of 2021 would rise by below 3 per cent, said an expert in Hanoi last week.
The reported CPI only reflects 60-70 percent of the real situation, according to the former Chair of the Hanoi Supermarket Association Vu Vinh Phu.
Analyst underates market, saying hard to find short-term profits
However, there has been no plan as yet to adjust the economic growth rate for the entire year, despite numerous difficulties ahead, with the speed of pandemic vaccinations in the country remaining slow.
The new cargo airline has a total investment of US$100 million.
Vietnam aims to have 1,704 industrial clusters by 2025, according to the Ministry of Industry and Trade.