Southeast Asia’s economic growth will rebound to 6.2 percent in 2021 with Vietnam achieving 8 percent growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW.
The added value of the industrial sector increased by 3.36 percent last year, higher than the average growth pace of the national economy, statistics show.
Braving the pandemic, Vietnam and Canada have worked to promote bilateral relations over the course of the last year, Vietnamese Ambassador to Canada Pham Cao Phong has affirmed.
The Ministry of Foreign Affairs on December 17 hosted an international seminar to look back on the ASEAN Chairmanship 2020 of Vietnam under the chair of Deputy Foreign Minister Nguyen Quoc Dung.
The capital city has recorded economic expansion of 3.94 percent this year amid the COVID-19 pandemic, and it is expecting to regain momentum to secure growth of around 7.5 percent in 2021.
Despite a tough year due to the COVID-19 pandemic, the national wood sector sets to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors.
With the War Invalids and Martyrs’ Day (July 27), July is the month for expressing gratitude to the Heroic Vietnamese Mothers, who dedicated their beloved ones to the fights for national independence and liberation.
Actively seeking new potential markets while maintaining foothold in traditional ones is a solution to help the agricultural sector keep its growth momentum and raise export value, experts said at a forum for exporters of fruit and vegetable held in HCM City on February 27.
Due to global weak demand and ongoing trade tensions, State investment in big-ticket infrastructure projects and the government's Eastern Economic Corridor (EEC) flagship appears to be one of the few lifelines that Thailand can bank on to maintain economic growth momentum in 2020.
Heated debate broke out in the National Assembly on November 12 over the feasibility report for the phase-one development of the Long Thanh International Airport in the southern province of Dong Nai.
Vietnam’s benchmark VN-Index last week ended at its 13-month high but its struggle on the last two days signalled growth had stalled and it would move sideways in the coming week.
Thailand’s GDP growth forecast for 2020 has been set at 2.5-3 percent by Kasikorn Research Centre (K-Research) as compared to 2.8 percent growth seen this year.
Vietnam’s socio-economic situation has shown positive signs with the economy maintaining growth momentum in the first months of 2019, according to Nguyen Duc Kien, vice chairman of the National Assembly (NA)’s Economics Committee.
Trade development in the Northern Key Economic Region is significant to economic and commercial development in the entire northern region and the country at large, experts said.
World
