Tags: domestic consumption

Japanese daily: EVFTA to lift Vietnam’s post-pandemic growth

Japanese daily: EVFTA to lift Vietnam’s post-pandemic growth

Japanese daily Nihon Keizai ran an article on May 20 saying that the EU-Vietnam Free Trade Agreement (EVFTA), to be ratified by Vietnam’s legislature shortly, will benefit not only the two signatories but also businesses from other countries.

Local dairy expected to continue growing in 2020

Local dairy expected to continue growing in 2020

The Vietnam Industry Research and Consultancy (VIRAC) forecasts that the dairy industry prospect in 2020 will continue to grow at a high level, increase investment capital in dairy farms to reduce dependence on imported milk and to meet the needs of people’s domestic consumption.

Vietnam among fastest growing economies in Asia despite COVID-19: ADB

Vietnam among fastest growing economies in Asia despite COVID-19: ADB

VOV.VN - The Asian Development Bank (ADB) released its Asian Development Outlook 2020 on April 3, outlining in their analysis that the Vietnamese economy remains one of the fastest growing in all of Asia, despite enduring a sharp slowdown as a result of the novel coronavirus (COVID-19) pandemic.

Vietnam advised to stimulate domestic consumption

Vietnam advised to stimulate domestic consumption

The escalating US-China trade war has affected many other countries, including Vietnam, said Prof. Liu Ying of the Chongyang Institute for Financial Studies under the Renmin University of China.

HCM City encourages solar energy

HCM City encourages solar energy

Three years after beginning a pilot programme to buy solar power at VND2,000 (8.7 US cents) per kWh generated in homes and offices, Ho Chi Minh City has signed up 290 consumers.

Domestic steel consumption drops strongly from May

Domestic steel consumption drops strongly from May

Domestic consumption of steel in June dropped 14.9%compared to May to 1,794,193 tonnes and production output also fell 1.25% month on month to 2,058,445 tonnes, according to the Vietnam Steel Association.

Tien Giang expects to have 730 new firms in 2018

Tien Giang expects to have 730 new firms in 2018

The Mekong Delta province of Tien Giang expects to have 730 newly-established enterprises in 2018 with total registered capital of VND3,196 billion (US$140.8 million), year-on-year rises of 9.3% and 9.1%, respectively.

Vietnam coffee imports on the rise

Vietnam coffee imports on the rise

Vietnam, the second largest coffee exporter in the world, is importing more coffee as demand from restaurants, hotels and shops has increased.

Bright economy dimmed by public debt: report

Bright economy dimmed by public debt: report

Vietnam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018.

GDP growth snowballs in 3rd

GDP growth snowballs in 3rd

Despite a continued downturn in the mining sector, nine-month figures show Vietnam’s economy is on a good growth trajectory.