Vietnam’s GDP forecast to expand 6.72 percent in 2021 Business

Vietnam’s GDP forecast to expand 6.72 percent in 2021

Vietnam’s gross domestic product (GDP) growth is forecast to reach 6.72 percent this year in an optimistic scenario where the global economy recovers faster than expectations and production becomes more stable in 2021, according to a joint report released by the National Centre for Socio-Economic Information and Forecasting (NCIF) and the UN Development Programme (UNDP) in Vietnam.
Outstanding advantages make Vietnam attractive to investors: EIU Business

Outstanding advantages make Vietnam attractive to investors: EIU

Vietnam’s incentives for international firms for setting up units to manufacture hi-tech products, the pool of low-cost workers, and the proliferation of free trade agreements (FTA) are major factors that make Vietnam a favourite Asian market for investors, a report by The Economist Intelligence Unit (EIU) has pointed out.
PetroVietnam must continue as role model: PM Business

PetroVietnam must continue as role model: PM

Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
Tien Giang eyes 3.25 billion USD in 2021 export revenue Business

Tien Giang eyes 3.25 billion USD in 2021 export revenue

The Mekong Delta province of Tien Giang has set a target of earning 3.25 billion USD from exports in 2021, a year-on-year increase of 8.3 percent, according to Acting Director of the provincial Department of Industry and Trade Dang Van Tuan.
Top 10 issues that defined the global economy in 2020 World

Top 10 issues that defined the global economy in 2020

The COVID-19 pandemic has had a heavy impact on every aspect of life in 2020, and the global economy had been especially hard hit. The Vietnam News Agency has selected the ten most significant global economic issues during the year.
Vietnam launches first-ever free trade agreement portal Business

Vietnam launches first-ever free trade agreement portal

The Ministry of Industry and Trade (MoIT) on December 23 held a ceremony in Hanoi to launch the Vietnam Free Trade Agreement Portal (FTAP), at fta.moit.gov.vn, to help the domestic business community make the most of the opportunities brought about by trade deals to which Vietnam is party.
Forum suggests ways to bolster exports, economic recovery Business

Forum suggests ways to bolster exports, economic recovery

Boosting support for Vietnamese enterprises to capitalise on free trade agreements (FTAs) and engage more deeply in global supply chains is an important solution to fuel post-pandemic exports and economic recovery, the Export Forum 2020 held in Ho Chi Minh City on November 18 heard.