Thai tourism needs more stimulus to achieve revenue target ASEAN

Thai tourism needs more stimulus to achieve revenue target

Thailand’s tourism revenue this year could total 1.2 trillion THB (33 billion USD), below the government’s target of 1.5 trillion THB, if no additional support or stimulus schemes are implemented, according to Tourism and Sports Minister Phiphat Ratchakitprakan.
Legislators debate socio-economic development, state budget Politics

Legislators debate socio-economic development, state budget

President Nguyen Xuan Phuc said at a group discussion on May 25 during the third session of the 15th National Assembly that the implementation of economic stimulus packages and public investment should be promoted to provide timely support for businesses and people.
Stock market to make robust gains in 2022 Business

Stock market to make robust gains in 2022

The COVID-19 pandemic ensured that 2021 was a chaotic year for the economy in Vietnam, but there was an area that withstood the storm: the stock market. The market rose strongly to reach an all-time peak despite many downward movements.
Breakthrough solutions needed to fuel recovery: NA leader Business

Breakthrough solutions needed to fuel recovery: NA leader

The Vietnam Economic Forum 2021 on December 5, which spent much time on discussing fiscal and monetary policies, social welfare policies, and labour issues during economic recovery and development, was a success, Chairman of the National Assembly Vuong Dinh Hue said in his closing remarks at the event.
Stimulus programs to boost year-end sales Business

Stimulus programs to boost year-end sales

COVID-19 has had a tremendous impact on the incomes of many people over recent times. To increase sales and promote domestic consumption, additional stimulus policies are now needed.
Finance minister proposes 40 trillion VND stimulus packages Business

Finance minister proposes 40 trillion VND stimulus packages

The stimulus packages are expected to inject 1 quadrillion VND (44 billion USD) into the national economy with an interest-rate subsidy of 4 percent, contributing to creating jobs, raising productivity, increasing budget collection, and cutting budget overspending.
Thailand: JSCCIB lifts GDP growth forecast to 0.5 – 1.5 percent in 2021 World

Thailand: JSCCIB lifts GDP growth forecast to 0.5 – 1.5 percent in 2021

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) of Thailand has raised its GDP growth forecast to 0.5 – 1.5 percent in 2021 from the previous projection of 0 – 1 percent as the country expects better business prospects stemming from the reopening and stimulus measures.
Quang Nam develops tourism stimulus programme for My Son Sanctuary Videos

Quang Nam develops tourism stimulus programme for My Son Sanctuary

According to the Management Board of the My Son Sanctuary in Duy Phu commune, Duy Xuyen district, in Quang Nam province, together with nearby Hoi An ancient town, the world cultural heritage site will focus on improving the quality of its tourism products to attract more visitors now that Covid-19 has been largely brought under control.