Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
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 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.
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.
Dubbed as “Ha Long Bay on land” with peaceful villages along the banks, Hoa Binh Lake is becoming an attractive tourism destination for visitors.
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.
The Supreme People’s Court (SPC) held a national teleconference on December 21 to review the sector’s performance in 2020 and the 2016-2020 tenure and set tasks for next year.
With the opening of a modern cable car by the Sun Group this year, Tay Ninh province was expected to witness a boom in tourism. Due to COVID-19, however, the number of visitors has fallen this year, presenting a major challenge for the development of the province’s tourism industry.
To develop tourism quickly and in a sustainable manner, Vietnam has defined island and sea tourism as a breakthrough measure in the development of the marine economy. Island and sea tourism now accounts for 70% of tourism activities in the country and has become a driving force for Vietnam’s tourism development, contributing significantly to turning it into a spearhead economic sector.
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.
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.
Vietnam is situated within the most dynamic maritime transport network in the world. With a coastline of over 3,200 km, the country boasts huge potential for the development of sea transport and other maritime services.
The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.
The 16th Party Congress of central Thua Thien-Hue province (2020-2025 tenure) opened on October 22, bringing together 350 delegates representing Party members across the locality.
The 11th Congress of the Ho Chi Minh City Party Organisation for the 2020-2025 tenure opened on October 15, with 444 delegates taking part.
The 16th Party Congress of the northern port city of Hai Phong for the 2020-2025 tenure kicked off on October 14 with the participation of 350 official delegates.
Politburo member and National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan on October 13 asked Khanh Hoa province to strive to become a driving force for growth in the south-central and Central Highlands regions.
The 11th Congress of southern Dong Nai province’s Party Organisation for the 2020-2025 tenure will take place on October 14-16 with the participation of 348 delegates.
On October 22, 2018, Party General Secretary and State President Nguyen Phu Trong signed a resolution on the strategy for the sustainable development of Vietnam’s marine economy to 2030 and vision to 2045, known as Resolution No 36.
The 11th Congress of the Army’s Party Organisation for the 2020-2025 term concluded on September 30 after four days of working.