Handicrafts are identified as one of the product groups with great export potential and high-profit margin that Vietnam needs to boost in the future.

The financial sector expects to collect over VND1.343 quadrillion (US$58.4 billion) for the State budget in 2021, equivalent to 15.5% of the country’s gross domestic product (GDP), said the Ministry of Finance.

VOV.VN - Vietnam is likely to meet its target of reining in inflation at a rate of below 4% in 2021, although experts warn that unfavourable factors could impact market fluctuations.

Nearly VND1.279 quadrillion (US$55.3 billion) in taxes was collected for the State budget in 2020, almost VND24.35 trillion, or 1.9%, higher than the annual target and VND175.85 trillion more than the estimate reported to the National Assembly (NA).

Vietnam’s total revenue from retail trade and services reached over VND5 quadrillion (US$219.5 billion) in 2020, representing a modest yearly rise of 2.6%, according to the General Statistics Office (GSO).

The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Vietnam.

The Lao Embassy in Vietnam, the Vietnam Union of Friendship Organisations, and the Vietnam - Laos Friendship Association had a working session with the Hanoi Capital High Command on January 4.

VOV.VN - Vietnam has recorded seven additional imported novel coronavirus (COVID-19) cases, increasing the total number of infections to 1,497, according to a report issued on January 5 by the Ministry of Health.

VOV.VN - Prime Minister Nguyen Xuan Phuc has issued the Government’s master plan on following practices thrift and targeting wastefulness in dealing with the impact of the novel coronavirus (COVID-19) pandemic, natural disasters, and climate change, whilst developing the economy to meet this year’s socio-economic targets.

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.