Tripod strategy crucial to economic recovery in 2021: experts Business

Tripod strategy crucial to economic recovery in 2021: experts

Institutional reform, deeper integration and digital transformation are important for Vietnam to recover the economy, which has been battered by the COVID-19 pandemic, President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said on November 24.
Germany’s Bayern state seeks to expand trade bond with Vietnam Business

Germany’s Bayern state seeks to expand trade bond with Vietnam

An online workshop on opportunities brought about by the European Union –Vietnam Free Trade Agreement (EVFTA) for industrial enterprises in Germany’s Bayern state was held by the Bavarian Industry Association (VBW) and the Bavarian Metalworking and Electrical Associations (Bayme VBM) on October 28.
Vietnam an effective ASEAN leader: ASEAN Post Business

Vietnam an effective ASEAN leader: ASEAN Post

Vietnam has been making great strides in projecting itself as an effective ASEAN leader, particularly with its proactive governance in handling the COVID-19 pandemic, climate change policy, and for its political stability, the ASEAN Post reported.
Gov’t support aids automobile industry Business

Gov’t support aids automobile industry

The domestic automobile industry was forecast to thrive, given the Government’s supports in tax policies for imported automobile components coupled with the increasing income of citizens, according to a report by the Viet Dragon Securities Corporation (VDSC).
Ambassador vows to connect FLC with RoK partners Business

Ambassador vows to connect FLC with RoK partners

The Embassy of the Republic of Korea (RoK) is willing to act as a bridge to promote partnerships between FLC Group of Vietnam and Korean businesses, said RoK Ambassador to Vietnam Park Noh-wan during his working visit to FLC Group in Hanoi on October 6.
Vietnamese economy sees bright prospects Business

Vietnamese economy sees bright prospects

With more positive developments in the world economy and the rapid recovery of China, the Vietnamese economy has foundations to hope for a strong economic recovery in the future, according to Duong Manh Hung, Director of the General Statistic Office (GSO)’s National Accounts Department.
Nine-month GDP growth lowest in 10 years: GSO Business

Nine-month GDP growth lowest in 10 years: GSO

The gross domestic product (GDP) in the first nine months of 2020 and the third quarter respectively grew 2.12 percent and 2.62 percent from a year earlier, the slowest pace in 10 years. However, this is still a success amid numerous difficulties caused by the COVID-19 pandemic.
Vietnam Reform and Development Forum 2020 opens Business

Vietnam Reform and Development Forum 2020 opens

Vietnam will focus on solutions to spur growth towards sustainability amidst the impact of COVID-19 during the 2021-2025 period, Minister of Planning and Investment Nguyen Chi Dung said on September 29.
ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).