There are many ways to make money in the 4.0 industrial era with the support of high technologies.

The slow sales of electric cars indicate that Vietnamese are still hesitating to use this kind of vehicle. The problem is not high price, but concern about operation and local infrastructure such as recharging stations.

Vietnam tops the list of destinations for venture investors for the next 12 months.

Coal companies report rises in revenues but declining profits

The Vietnamese economy has been resilient during the Covid-19 pandemic thanks to the stamina of the people and businesses that has been strong for years.

Industrial real estate is bright spot in 2020 market

Vietnamese enterprises are nurturing the dream of exporting CBU (completely built up) cars, which has partially come true, though exports remain very modest.

Vietnam became known internationally for overcoming big difficulties last year, while finding opportunities during the Covid-19 crisis.

More and more large manufacturers have decided to set production facilities in Vietnam.

Logistics sector to step up digital transformation

Stabilizing the macroeconomy and controlling inflation are still the top priority policies in Vietnam’s next period of development.

Vietnam has been making efforts in recent years to consolidate its fiscal situation to help create a wealthy financial system and a healthy macro economy.

With a number of free trade agreements (FTAs) now signed, Vietnam finds itself in its strongest-ever position on the international trade map.

Domestic leather and footwear firms have no choice but to convert their production activities as difficulties are expected to linger through this year due to the impact of the COVID-19 pandemic, experts have said.

Transport projects are expected to improve overall accessibility and reduce transportation costs, in turn increase economic productivity and development.

Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019.

VIETNAM BUSINESS NEWS

Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.

Macroeconomic stability and low inflation are the results of persistent management efforts in recent years that aim to make people and businesses feel secure when making investments.

Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management, talks about Vietnam’s potential for economic development in 2021.