The textile and apparel industry, which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Vietnam National Textile and Garment Group.
The resolution of the 13th National Party Congress, adopted at the event’s closing session on February 1 morning, targets that Vietnam will become a socialist-oriented developed country by the mid-21st century.
VOV.VN - Nikkei Asia, a global leading financial newspaper run by Japanese media giants Nikkei Inc., has recently hailed Vietnam’s success in economic development amid the novel coronavirus (COVID-19) epidemic.
Vietnam has prepared the best conditions to spur its economic growth as the global economy is grappling with the severe impacts of the COVID-19 pandemic, experts have said.
Vietnam will enter the “elderly population structure” in 2026, which will last for 28 years until 2054, according to an in-depth study of the 2019 population and housing census.
VOV.VN - Vietnam has achieved a GDP growth rate of 2.91%, an impressive figure despite the impact of the novel coronavirus pandemic, said the General Statistics Office (GSO) at a press briefing in Hanoi on December 27.
The pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well.
VOV.VN - The nation’s human development index (HDI) value for 2019 stood at 0.704, thereby putting the country in the high human development category and earning it a position of 117th out of 189 nations and territories globally.
Vietnam’s digital economy is expected to reach US$14 billion in 2020, a year-on-year increase of 16%, and will likely reach US$52 billion in 2025, re-accelerating to nearly 29% in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.
The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.