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).
Vinh Long steps up socio-economic development Business

Vinh Long steps up socio-economic development

The Mekong Delta province of Vinh Long is taking synchronous measures to fight COVID-19 pandemic and step up socio-economic development, said Chairman of the provincial People’s Committee Lu Quang Ngoi.
Pig imports push domestic pork prices down Business

Pig imports push domestic pork prices down

Efficient reproduction of pigs and enhancing imports of frozen pork and live pigs have made prices of live hogs fall, according to the Ministry of Agriculture and Rural Development (MARD).
Thailand to launch more tourism stimulus packages ASEAN

Thailand to launch more tourism stimulus packages

Thailand will introduce more stimulus measures to boost tourism, jobs and domestic consumption hit hard by the COVID-19 pandemic, according to Deputy Prime Minister cum Energy Minister Supattanapong Punmeechaow.
Fruit exporters seek new markets to survive pandemic Business

Fruit exporters seek new markets to survive pandemic

Chanh Thu Fruit Import and Export Company Limited in Ben Tre province continues to operate normally despite the resurgence of COVID-19 since it has shifted to new export markets instead of overly depending on traditional ones like China.
Revenue of retail sales and services rises in July Business

Revenue of retail sales and services rises in July

Vietnam’s revenue of retail sales and services in July was estimated at 431.9 trillion VND (18.6 billion USD), up 3.3 percent over the previous month and up 4.3 percent from the same period last year, according to the General Statistics Office (GSO).
PM urges resolve to prevent negative growth Business

PM urges resolve to prevent negative growth

Prime Minister Nguyen Xuan Phuc on August 2 again called for resolve to perform the dual tasks of containing COVID-19 and preventing negative economic growth, in the context of the pandemic returning in the country with complexity. ​