Despite facing many challenges due to climate change, floods and the COVID-19 pandemic, many localities have reached and exceeded the socio-economic development targets in 2020, including local budget collection.
Ho Chi Minh City is targeting a gross regional domestic product (GRDP) growth rate of around 6 percent in 2021.
The Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS), also known as the Economic Cooperation Strategy (ECS), is an economic cooperation framework that brings together Cambodia, Laos, Myanmar, Thailand and Vietnam.
The CLMV cooperation mechanism covers trade-investment, agriculture, industry-energy, transport, tourism and human resources development.
Forestry exports is estimated to exceed 12.6 billion USD in 2020, according to the Ministry of Agriculture and Rural Development.
Vietnam’s seafood exports in November increased 13% against the same period in 2019, according to the Vietnam Association of Seafood Exporters and Producers.
The Vietnam – Cuba special ties is considered a role model international relations.
Public investment growth rate in November and the first 11 months of 2020 broke record in 2011-2020 period.
Vietnam has seen record trade surplus of 20.1 billion USD in the first 11 months of 2020.
In 2020, despite adverse impacts from COVID-19 pandemic, Vietnam's cashew exports in the first 10 months of 2020 exceeded 422,000 tonnes, up 12% year-on-year.
Although COVID-19 has limited the travelling of investors, Vietnam is still a bright spot in attracting FDI in some fields
Vietnam attracted 26.43 billion USD in foreign direct investment (FDI) in the first 11 months of 2020, according to the Ministry of Planning and Investment.
During the nation’s glorious history, from the struggle for national independence and reunification to the period of Doi Moi (renewal) and deep international integration, the overseas Vietnamese (OV) community has made an important contribution.
Party General Secretary and State President Nguyen Phu Trong on November 25 chaired a meeting of the standing board of the Central Steering Committee for Anti-Corruption to discuss a number of cases under the direction of the committee from the 17th session until now, during which he stressed that honour is the most sacred thing for an official.
The national financial plan has been proposed for the 2021-2025 period.
With this year's theme of "Optimising Human Potential Towards a Resilient Future of Shared Prosperity" the 27th APEC Economic Leaders' Meeting focuses on three main items: Adoption of the vision for APEC post-2020, improvement of trade and investment; inclusive economic development via technology-based and digital economy models.
The 10th session of the 14th NA has wrapped up successfully with all tasks set for the session being completed.
Ministers from 15 countries spanning the Asia-Pacific region on November 15 signed the Regional Comprehensive Economic Partnership (RCEP) Agreement after eight years of talks. The agreement is expected to create the world’s largest free trade area and numerous new supply chains, and make significant contributions to regional economic recovery post COVID-19.
RCEP is the Association of Southeast Asian Nations (ASEAN)’s biggest free trade pact to date, covering a market of 2.2 billion people with a combined size of 26.2 trillion USD or 30 percent of the world’s GDP.
ASEAN comprehensive recovery framework and implementation plan announced