Laos - Viet International Port Joint Stock Company held a ceremony to receive the first container ship of 2021 at Vung Ang port in Vung Ang economic zone, Ha Tinh Province’s Ky Anh Town in the morning of January 1.

The highest bonus for the lunar New Year in HCM City or Tet holiday is expected to be more than VND1 billion (USD43,478), meanwhile the figure for the New Year is VND990 million (USD42,251).

The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Vietnam.

HCM City’s infrastructure development is focused on transforming the economy and making it services-based.

Development of major ports and port clusters will get priority in the new master plan for the country’s port system for 2021-2030, Deputy Minister of Transport Nguyen Nhat has said.

The Cuu Long (Mekong) Delta province of Kiên Giang invested more than VND645 billion (US$28.2 million) in fishing infrastructure in 2020, according to its Department of Agriculture and Rural Development.

The real estate market of Phu Quoc in the Cuu Long (Mekong) River Delta of Kiên Giang was forecast to be robust as the island district has just been given the green light to be upgraded to the country’s first island city in March this year.

More than VND1.48 quadrillion (US$64.2 billion) was collected for the State budget in 2020, equivalent to 98 per cent of the target, according to the Ministry of Finance.

The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy.

Vietnam being among the few countries to post GDP growth and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 are among the top 10 domestic economic events in the year.

Attending the recent patriotic emulation congress of the Ministry of Finance, Prime Minister Nguyen Xuan Phuc expressed satisfaction with the stricter fiscal policy after a prolonged period of expansion.

Goods demand for Tet up due to domestic confidence on economic recovery

The year 2020 challenged the courage of owners of cafes and lemon tea shops who struggled to survive the pandemic, lockdowns and consumers’ fastening their purse strings.

The Ministry of Finance (MOF), after analyzing the 2019 finance reports of foreign invested enterprises (FIEs), has found a contrast in the business performance of the enterprises.

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.

Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.

With the economy been hit hard by Covid-19, the HCM City real estate sector has been facing difficulties. However, there are still bright spots.

EVN to stop buying output from new rooftop solar power projects

The Sputnik recently published an article that reviewed commentaries on Vietnam posted by Russian and other countries’ press outlets, reflecting Vietnam’s COVID-19 combat and achievements in different areas, especially diplomacy and economy.

Vietnam’s economy is expected to move to the 19th position in the rankings of the World Economic League Table in 2035, according to the Centre for Economics and Business Research (CEBR).