vietnam economy

Update news vietnam economy

Young Thanh Hoa man designs and sells rattan, bamboo handbags overseas

Simple materials such as rattan, bamboo and sedge at the hands of Tran Van Hung can be turned into beautiful, sophisticated handbags, favored in Vietnam and the world market.

Vietnam swims against current, creating ‘Asian miracle’

Vietnam now has a rare opportunity to make a breakthrough after being one of the economies that successfully controlled Covid-19 to obtain a positive growth rate and attract foreign investors.

VIETNAM BUSINESS NEWS DECEMBER 28

Vietnam imports over 300,000 pigs from Thailand

Vietnam’s GDP growth estimated at 2.91 pct this year

Vietnam’s gross domestic product (GDP) this year is expected to grow by 2.91 percent compared to 2019, according to Director General of the General Statistics Office (GSO) Nguyen Thi Huong.

GSO leader hails 2020 as year of success in inflation control

Director General of the General Statistics Office (GSO) Nguyen Thi Huong has stressed that 2020 is considered a year of success in inflation control.

Land price soars by 600%: advantages turn into barriers to development

The sharp increase in the land price framework for the 2020-2024 period will have an adverse impact on the investment environment of many localities, experts have warned.

Huge capital needed to fully develop HCMC’s Eastern innovative urban area

The Ho Chi Minh City (HCMC) Department of Planning and Architecture has just submitted to HCMC People’s Committee a proposal for the project ‘Forming and Developing the Eastern highly interactive, innovative urban area in the period 2020-2025’.

Prime Minister urges banks to further cut interest rates

The Central bank has lowered its interest rate cap three times by a combined of 1.5-2 percentage points per annum, which is the largest cut in the region.

Vietravel Airlines to fly commercially in Jan. 2021

The Vietnam Travel Aviation Co. Ltd (Vietravel Airlines) made its debut in Ho Chi Minh City on Dec. 26 after fully meeting necessary requirements and procedures for commercial operation.

Efforts to improve business environment to be ramped up

The local business community anticipates that the Government will take specific and efficient measures aimed at immediately resolving bottlenecks that hinder their operations, said Vu Tien Loc, chairman of VCCI.

Thailand dominates Vietnam's car imports

Thailand has continued to hold a large share of Vietnam's car imports according to initial statistics of the General Department of Vietnam Customs.

EVN to stop buying output from new rooftop solar power projects

The Vietnam Electricity Group (EVN) on December 26 announced that it would stop purchasing electricity from rooftop solar power projects developed after December 31 until the prime minister issues a new decision.

VIETNAM BUSINESS NEWS DECEMBER 27

VASEP eyes $12 billion seafood exports

VIETNAM BUSINESS NEWS DECEMBER 26

HCMC expects to welcome over 32 million local tourists next year

Why Vietnam’s outlook for 2021 looks bright?

The country is projected to grow 6.8% in 2021 on condition that the pandemic be contained.

Finance experts warn of ‘bond bubble’

The year 2020 has seen a ‘bond issuance movement’. Businesses have rushed to issue shares to mobilize capital as loose requirements made it easier than ever to do this.

Focus points for reforms in hardships

As the Ministry of Planning and Investment is busy compiling the 2021 version of Resolution No.02/2020/NQ-CP – the annual document outlining orientations for improving the local investment environment

VIETNAM BUSINESS NEWS DECEMBER 25

Vietnam’s brand value records fastest growth worldwide: Brand Finance

In the 'new normal', startups could become technology unicorns

Rapid digital transformation will serve as an important driving force for technology firms to become unicorns in the future.

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 24

Vietnam needs to promote brand building for rice exports