2021 economic outlook remains positive despite COVID-19 resurgence Business

2021 economic outlook remains positive despite COVID-19 resurgence

Despite the complexity of the fourth COVID-19 wave, Vietnam’s GDP growth is forecast to exceed 6.5 percent this year on the back of surging industrial production and global economic recovery, according to Assoc. Prof. and PhD Dinh Trong Thinh, a senior economist from the Academy of Finance.
Tra fish exports expected to continue recovering Business

Tra fish exports expected to continue recovering

The Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts that Vietnam's tra fish (pangasius) exports will continue to grow in the coming months thanks to the control of the COVID-19 pandemic in importing countries, said VASEP Secretary Truong Dinh Hoe.
VinFast posts rise in auto sales in May Business

VinFast posts rise in auto sales in May

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
Auto sales down 15 pct. in May: VAMA Business

Auto sales down 15 pct. in May: VAMA

The Vietnam Automobile Manufacturers’ Association (VAMA) has reported that its members posted a 15 percent month-on-month decline in automobile sales in May to 25,585 units, due to the impact of COVID-19 and a shortage of semi-conductor chips for the industry.
Tra Vinh shrimp output up over 6,000 tonnes Business

Tra Vinh shrimp output up over 6,000 tonnes

Total salt and brackish water aquaculture output in the Mekong Delta province of Tra Vinh reached 28,000 tonnes in the first five months of 2021, with shrimp output of over 20,000 tonnes, an increase of 6,000 tonnes year-on-year.
Indonesia car sales rise 228 percent in May World

Indonesia car sales rise 228 percent in May

Indonesia’s car sales jumped by 228 percent year on year in May 2021, while that of motorcycles increased 277 percent on an annual basis, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.