The retail market of the southern largest economic hub of Ho Chi Minh City grew by 11.9 percent to over 32.8 billion USD.
Vietnam among very few countries to post GDP growth rate of 2.5-3 percent, and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 when Vietnam assumes ASEAN Chairmanship are among the top 10 domestic economic events in the year. The following are the ten outstanding events as selected by the Vietnam News Agency.
Russian media have recently spotlighted Vietnam’s preparation for the 13th national congress of the Communist Party of Vietnam (CPV), as well as the country’s achievements in political, social and economic areas and external affairs.
Russian media have recently spotlighted Vietnam’s preparation for the 13th national congress of the Communist Party of Vietnam (CPV), as well as the country’s achievements in political, social and economic areas and external affairs.
The Government has recently issued Resolution No.01/NQ-CP on key measures to carry out the 2021 socio-economic development plan and State budget estimate.
The COVID-19 situation has considerably sped up the transition of manufacturing work into Vietnam and the country is uniquely positioned to take advantage of this move.
The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.
Vietnam was a bright spot in 2020 for its success in controlling the COVID-19 pandemic, protecting people’s health and maintaining stable economic development in the context of the world struggling to cope with the crisis.
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
Multinationals are looking to set up their bases in Vietnam despite various challenges that the country poses as a manufacturing destination, according to the Financial Times in the UK.
The Vietnamese community in Russia has a close attachment to the homeland. Founded in the 1990s, most were sent to study or work in the country, while a few have now served in its military. Despite living far away, the military men, who are usually called “Uncle Ho’s soldiers”, still look back fondly on the homeland.
Forbes Vietnam has recently named national flag carrier Vietnam Airlines among its list of top 50 leading Vietnamese brands.
The central province of Quang Nam may be a land of heritage, but local tourism development is still to meet the expectations of provincial authorities. Now that a year of COVID-19 and natural disasters has come to an end, Quang Nam is preparing to ensure its tourism sector thrives next year.
Sustainable development is a trend and goal in every industry. In food, the “farm-to-fork” clean agriculture model is also becoming an inexorable trend. Clean and organic food with clear origin and processed right after harvesting is increasingly popular nowadays.
The 12th-tenure Party Central Committee (PCC) reached high consensus on personnel work related to the 13th tenure Politburo and PCC Secretariat during the 14th session, which concluded on December 18 morning after nearly five working days, two days ahead of schedule.
The Regional Comprehensive Economic Partnership (known as the RCEP), which was signed on November 15, is the largest free trade agreement in the world. While offering substantial opportunities to Vietnamese exporters, it will also make the competitive landscape even fiercer, both at home and abroad.
Vietnam posted a record trade surplus of 20.1 billion USD in the first 11 months of this year despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office.
Vietnam’s textile and garment exports is set to fall 15 percent to 34 billion USD this year, the first drop in 25 years, over Covid-19 impacts. With the Covid-19 situation remains serious in the U.S. and some European countries, exports to these markets will continue to face difficulties due to a shortage of orders, the Ministry of Industry and Trade said in a recent report.
Bac Giang province has worked with the Plant Protection Department at the Ministry of Agriculture and Rural Development and exporting enterprises to prepare documents, conduct surveys, and issue codes for a planting area of 50 hectares of “thieu” litchi, for export to Japan.
The south-central coastal province of Khanh Hoa has seen a stark decline in tourism activities as well as revenue this year due to COVID-19. Since the beginning of September, local authorities have implemented a number of measures to recover the tourism sector, which have initially proven effective.