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Update news vietnam economy
Economists have predicted that Vietnam’s GDP may be negative this year as the possibility of a second outbreak exists.
Industrial production declines in HCM City in seven months
Lao Cai asked to finalise proposal for construction of Sa Pa Airport
Vietnam is one of the best long-term growth stories in Asia and is one of the most preferred frontier markets, according to HSBC.
PhD Doctor Le Quoc Phuong, former deputy director for the Information Centre for Industry and Trade, under the Ministry of Trade, talks on key requirements in trade development in mountainous areas and islands.
The Ministry of Planning and Investment is currently working on possible scenarios for the upcoming period amid the ongoing developments of the global health crisis.
Despite a serious dip in local production caused by the health crisis, Vietnam is expected to be one of the fastest-growing nations worldwide this year, with the economy forecast to stay among the few nations with positive growth.
In life, economic and health gains are not always equal. This is true for individuals and for countries. While Vietnam has managed to contain the pandemic so far, its economy has been hurt in recent months.
The high CPI increase in the first half of the year will challenge the regulation of goods and service prices in the remaining months of the year, experts say.
Building socio-economic development norms for 2021
Industrial production index growth at lowest level for many years
Amid the new COVID-19 outbreak, experts have suggested the Government offer another credit support package to help enterprises, especially large businesses in key areas.
Food and Music of An Bang Sea, a night event organized on An Bang Beach in Hoi An City in Quang Nam province last weekend, attracted many visitors.
Many streetfront buildings in large cities that house shops that were busy in the past are idle because business activities have declined due to Covid-19.
Japanese businesses have begun relocating factories to Vietnam, and it is expected that American and European businesses will also come soon.
The Civil Aviation Authority of Vietnam (CAAV) plans to build Quang Tri Airport in Quang Tri province, but experts disagree with the idea.
Retailers increase stocks to ensure supply in all circumstances
The EU-Vietnam Free Agreement (EVFTA) is a giant leap for Vietnam in international integration.
Prime Minister Nguyen Xuan Phuc chaired a one-day regular Cabinet meeting for July on August 3, which focused on seeking measures to fulfil socio-economic goals amidst COVID-19 pandemic.
Vietnam will continue to fulfill its international commitments so that it can take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19 pandemic.