The non-aviation service industry has been on the fast track to recovery in the past few months, following the flourishing of the aviation market, despite the impact of volatile and escalating fuel prices as well as the international market's failure to recover as expected.
The northern province of Quang Ninh is aiming to expand its Gross Regional Domestic Product (GRDP) growth rate by 12.54 percent in QII, thus realising its economic growth target of 10.25 percent in HI.
The northern province of Bac Giang is exerting all-out efforts to increase its service industry by an average 10 – 11 percent annually from 2021 – 2030, according to the provincial People’s Committee.
About 15 percent of micro-, small- and medium-sized enterprises (MSMEs) in Malaysia were temporarily closed due to a lack of funds stemming from the COVID-19 epidemic.
Vietnam’s digital economy is expected to reach 43 billion USD by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company.
The Ministry of Culture, Sports and Tourism has asked Prime Minister Nguyen Xuan Phuc for urgent support for tourism businesses impacted by the second wave of COVID-19.
Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.
Over 80 percent of Japanese firms said they are willing to receive foreign workers, and 95 percent of them are interested in Vietnamese IT engineers, according to a survey conducted by the Vietnam Software Association (VINASA).
Vietnam’s gross domestic product (GDP) expanded 6.76 percent, fueled by stable macro-economy, impressive rice exports, declining unemployment rate, and robust economic production, Director General of the General Statistics Office (GSO) Nguyen Bich Lam said at a press conference on June 28.
The service industry in the northeastern border province is estimated to grow by 14.2 percent this year thanks to the locality’s concrete actions to boost its tourism services.
The Monetary Authority of Singapore (MAS) on October 12 decided to tighten its monetary policy for the second time this year, forecasting the economy to expand steadily and core inflation to rise.
The need to regulate the vehicle-service industry is crucial to achieve sufficient growth and meet consumer needs, especially during the 4.0 Industrial Revolution.
The Ministry of Planning and Investment is drawing up a plan for restructuring the service sector from 2016-2020, making it compatible with the economic restructuring plan for the same period.
The northern coastal province of Quang Ninh has been promoting the public-private partnership (PPP) investment and management model aiming to become a service-industry oriented locality by 2020.
The service industry accounts for nearly 60 percent of HCM City's economy now, exceeding the target of 57 percent - and four percentage points higher than in 2010.
As many as 5,800 rural labourers in the southern province of Dong Nai will receive vocational training in 2015, said Deputy Chairman of the provincial People’s Committee Nguyen Thanh Tri.