Many localities across the country are making every effort to promote their tourism potential to international markets while stimulating domestic demand in the coming time, with the aim of capitalising on the travel season at the year's end.
Two drivers of Vietnam's economic growth – exports and domestic demand – are moderating, according to a report released by the World Bank (WB) on December 14.
Coal mining enterprises are bullish about their business operations on high coal demand, after positive results in the first quarter of 2022 with many exceeding targets.
Vietnam’s economy is forecast to grow beyond expectation in 2022 as domestic demand rebounds and foreign direct investment (FDI) inflows remains stable.
Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), exceeded both of its production and financial targets in the first quarter of this year.
The tourism market has recovered since mid-April when social distancing measures against COVID-19 were eased, heard a conference held in the north-central province of Thanh Hoa on May 16.
Prime Minister Nguyen Xuan Phuc has approved the export of medical face masks and protective clothing, as long as domestic demand, including reserves, is met first.
Indonesia’s economy is predicted to grow by only 2.5 percent this year, the lowest over the last four years and a 50-percent decline compared to 2019's growth rate.
Cement producers in Vietnam are facing a double challenge with domestic demand falling due to a slowdown in the property market and delays in transport infrastructure works and exports declining due to the COVID-19 epidemic.
The Indonesian Ministry of Energy and Mineral Resources has decided to stop gas shipments to Singapore in the next three years to cater for domestic demand.
The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development (MARD) have proposed the Government import pork based on the directions of Deputy Prime Minister Vuong Dinh Hue.
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