Strong export growth and a successful campaign to contain the spread of COVID-19 have supported Vietnam’s economy through the pandemic and allowed the government to adopt a restrained fiscal policy response, says Fitch Ratings.
The Malaysian news service site theinnews.com (INS) has published an article, titled “Vietnam’s economy to keep growing solidly with new leaders”, highlighting that despite COVID-19, Vietnam has emerged as a shining star in Asia.
Vietnam is now increasingly emerging as a regional middle power, especially in the global supply chain and development of 5G technology, according to an article published by the UK’s website strifeblog.org on April 13.
Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
The 2021 Vietnam International Trade Fair (Vietnam Expo), the 30th edition of its kind, opened at the Hanoi International Exhibition Centre at 91 Tran Hung Dao Street in downtown Hanoi on April 14.
The National Regulatory Authority (NRA) of Vietnam has achieved Maturity Level 3 for vaccine regulation, the second highest level in the World Health Organisation (WHO)’s four-level NRA rating scale, the Ministry of Health said on April 7.
Home to the famous beach city of Nha Trang, Khanh Hoa province’s tourism sector has set a goal of welcoming 5 million tourists this year, including 1.5 million foreign tourists, and earning over 760 million USD in revenue. With the tourism season now in high gear, the province is ready to reach its targets.
A number of Egyptian newspapers on April 5 ran articles on Vietnam’s new leadership which, they said, will contribute to consolidating the relations between the two countries.
Vietnam exported 10.61 billion USD worth of agricultural, forestry and fishery products in the first quarter of 2021, up 19.7 percent compared to the same period last year.
Vietnam is one of the countries suffering from heavy consequences of post-war bombs, mines and unexploded ordnances (UXO). The country has implemented measures to clear bombs, mines and explosives. International donors and non-governmental organisations have supported Vietnam in UXO clearance and assisted bomb and mine victims.
Vietnam’s stock market capitalisation on Ho Chi Minh Stock Exchange (HOSE) as of March 31 skyrocketed 93.56 percent year-on-year to more than 4.46 quadrillion VND (193.72 billion USD), HOSE said.
The Vietnamese economy is growing again on the back of a strong rise in exports, Wall Street Journal reported.
German’s DVZ e-newspaper has run a story by Claudius Semmann highlighting Vietnam’s success in controlling the COVID-19 pandemic and secure economic development, maintaining its bright outlook amid the global crisis.
Bat Trang pottery village is located on the banks of the Red River in Gia Lam district, about 15 km from the centre of Hanoi. This is the oldest and most famous pottery village in Vietnam, attracting the attention of many domestic and foreign tourists.
After its COVID-19 successes, Vietnam is well positioned to play a more energetic role on the global stage, according to the international online news magazine The Diplomat.
In an era of protectionism where the jitters of COVID-19 are still being felt by many economies, Vietnam is soaring to become one of the prime locations for export manufacturers, said a recent article published on the Hong Kong-based global industry analysis firm Counterpoint.
Deputy Prime Minister Trinh Dinh Dung has asked authorities of central Da Nang city to seize opportunities and make the best use of local potential and advantages to grow rapidly and sustainably.
The State budget revenue in the first quarter totalled 403.7 trillion VND (about 17.5 billion USD), equivalent to 30.1 percent of this year’s target and up 0.3 percent from a year earlier, the Ministry of Finance (MoF) said on March 29.
Vietnam’s gross domestic product (GDP) in the first quarter of 2021 is estimated to rise 4.48 percent, higher than 3.68 percent recorded in the same period last year, the General Statistics Office (GSO) General Director Nguyen Thi Huong reported at a press conference on March 29.
Prime Minister Nguyen Xuan Phuc suggested Hanoi should pay more attention to developing satellite cities and expand the capital to both the north and the west, while continuing to build a green and clean city, during a working session on March 28 with key officials of the capital city.