Singapore's economy grew 7.2 percent in 2021, rebounding from its worst recession caused by the COVID-19 pandemic since 1965, the Singaporean Ministry of Trade and Industry (MTI) reported on January 3.
A Russian expert has expressed his belief that Vietnam will deal with the COVID-19 pandemic effectively, thereby helping fulfill its role as a non-permanent member of the UN Security Council for 2020-2021.
Prime Minister Nguyen Xuan Phuc attended a meeting of the Vietnam National Oil and Gas Group (PetroVietnam) in Hanoi on January 11, asking the firm to overcome ups and downs to re-establish the sector as a growth engine of the country.
With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.
Women entrepreneurs and women-owned businesses are an important growth engine of not only Vietnam’s economy but also the global economy, said Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Ho Chi Minh City’s economy continued to expand in the period from January to November with services and trade being major growth engines, according to the municipal People’s Committee.
A workshop was opened in Da Nang city on August 2 to learn about foreign experience in developing small and medium-sized enterprises (SMEs) and to seek to turn them into a growth momentum of the city.
The wait-and-see time in Vietnam is over and investors are advised to take the plunge in one of Southeast Asia’s most promising economies, according to Thailand’s Bangkok Post on December 28.
World
