The Vietnamese economy is growing again on the back of a strong rise in exports, Wall Street Journal reported.
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.
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.
Vietnam is one of the pioneering countries in building a national digital transformation programme, with the three main pillars of digital government, digital economy, and digital society.
Many international organizations have forecast robust economic recovery for Vietnam in 2021.
Prof. Tran Van Tho, a former lecturer at Japan’s Waseda University suggested several measures for Vietnam to achieve sustainable economic development in the next period in an interview recently granted to a Vietnam News Agency reporter in Tokyo.
Industry was the fastest growing sector and the largest contributor to Vietnam’s export revenue over the last decade, making up roughly 30 percent of the annual GDP, Minister of Industry and Trade Tran Tuan Anh told the on-going 13th National Party Congress on January 28 morning.
Ensuring social progress, equality, and welfare, and building a Vietnamese citizenry with characteristics that meet the requirements of the new era are the tasks set for the Ministries of Labour, Invalids and Social affairs, and Culture, Sports and Tourism in the time ahead.
Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee and Minister of Industry and Trade Tran Tuan Anh.
Leaders of the Ministry of Public Security, the Ministry of National Defence, and the Supreme People’s Court on January 27 stressed the importance of comprehensive reform and the building of a clean and strong public security force, a modern army, and a civilised and modern judicial sector.
Chairman of the Vietnam Farmers’ Union (VFU) Central Committee Thao Xuan Sung has underlined the leadership of the Communist Party of Vietnam (CPV) in building policies for agricultural development, as well as the decisive contributions by the agriculture sector to Vietnam’s GDP growth in 2020.
Foreigners living in Vietnam have paid attention to the 13th National Congress of the Communist Party of Vietnam (CPV) and expect a more thriving Vietnam after the congress.
Minister of Health Nguyen Thanh Long on January 23 inspected medical preparations for the 13th National Party Congress at the Party Central Committee's Office and four accommodation facilities for delegates.
The 13th National Party Congress is scheduled to take place in Hanoi from January 25 to February 2. To prepare for this key event, the entire political system in the city has been actively and comprehensively taking part in preparations.
All necessary conditions are ready for successfully organising the 13th National Party Congress which will place in Hanoi from January 25 to February 2, Nguyen Dac Vinh, Deputy Chief of the Office of the Party Central Committee, told Vietnam News Agency on January 22.
“Doi Moi” (Renewal) policy, launched during the sixth National Party Congress in 1986, has helped Vietnam record remarkable, comprehensive and historical achievements, with a high economic growth, people’s better living conditions and stable socio-political situation, expanded foreign relations and enhanced international prestige.
Vietnam Airlines is determined to provide the best services possible for delegations attending the upcoming 13th National Party Congress, its Chairman Dang Ngoc Hoa said.
Vietnam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released on January 13.
Taking advantage of the peak tourist season during the upcoming Lunar New Year (Tet) holiday, travel companies have been launching local tours at reasonable prices to encourage people to see Vietnam. Most tours are designed for families or small groups, due to concerns over the transmission of COVID-19.