vietnam economy

Update news vietnam economy

2020 - year of opening the door to the world

Vietnam's export growth this year has been impressive thanks to the signing and approving of many free trade agreements (FTAs), reflecting the success of the country's steady and flexible international integration process.

Unfinished dream to become a 'dragon'

Vietnam’s industries, especially the processing and manufacturing industry, are developing. 

Vietnam's economy to grow 6.8 percent in 2021: World Bank

Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8 percent in 2021 and, thereafter, stabilise at around 6.5 percent, according to the latest World Bank’s economic update for Vietnam “Taking Stock”.

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 22

Demand for cold storage facilities grows with e-commerce popularity

World struggles amid uncertainties, Vietnam prepares for new cycle

The pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well.

Japanese, Thai retailers compete in $200 billion retail market

After the lockdown this year, shopping malls began to be busy again in the 'new normal' situation caused by the COVID-19 pandemic.

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 21

Hanoi’s My Dinh Stadium is being upgraded to host the 31st SEA Games which will be held in late 2021.

Vietnam may become upper-middle-income country in 2023: Japanese centre

The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035.

Covid-19 takes a heavy toll on Vietnam aviation industry

The aviation industry has experienced a sharp decrease in passenger volume this year.

Vietnam banks required to issue chip cards from March 2021

As of the end of the third quarter, Vietnam has around 93.78 million bank cards in circulation, in which the majority are magnetic cards.

Hi-tech application - a key to promote agriculture sector

Cooperation between businesses and farmers plays a key role in the agriculture sector's sustainable development.

Civil Aviation Authority of Vietnam warns over fraud repatriation flights

The Civil Aviation Authority of Vietnam has warned that Vietnamese people who have been stuck in foreign countries due to the pandemic and wish to get back home should watch out for fake advertisements for tickets on repatriation flights.

Why it’s tough for lending rates to go lower

This year, commercial banks have so far revised down many times their deposit and lending rates. However, lending rates are thought to be high. Why are these rates difficult to be further slashed?

Increasing import: a positive sign

The growth of import slower than that of export helped Vietnam clinch a trade surplus of over US$20 billion in the first 11 months of 2020.

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 20

HCM City announces guidelines for issuing apartment ownership certificates

E-hailing drivers disillusioned as income falls

Ride-hailing drivers have seen their incomes fall dramatically because of policy changes.

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 19

The door wide open for Vietnamese rice into UK market

Outsourcing no more

When we only dominate the processes of assembly, we are lost at the most important stages of the value chain, from invention to design to distribution...

VIETNAM BUSINESS NEWS HEADLINES DECEMBER 18

Digital transformation: a must for enterprises

 

Protectionism can be double-edged

The Government is mulling over the implementation of tax and credit policies aiming to boost domestic automobile assembly and manufacturing industry.