If breakthroughs in institutional reforms are achieved to improve growth quality, coupling with timely and sound fiscal and monetary policies, the Vietnamese economy could expand 6.76% a year during 2021-2023, according to Director of the Central Institute for Economic Management (CIEM) Tran Thi Hong Minh.
Vietnam’s successes in promoting economic development and containing the spread of the COVID-19 pandemic were spotlighted at an online workshop held by the Canada-Vietnam Friendship Society (CVFS) on April 24.
High economic growth and strong investment in infrastructure are among the reasons for Northern European businessmen to consider when choosing to invest in Vietnam, according to an article recently published on the site ScandAsia, which covers Nordic news and business promotion in Asia.
As the COVID-19 pandemic may continue to develop in an unpredictable fashion despite vaccination campaigns being carried out in many countries around the world, experts have said that Vietnam needs to identify and adopt a long-term plan for post-pandemic economic recovery.
VOV.VN - The local economy is back on track following the negative impact caused by the COVID-19 pandemic and is projected to grow by between 6% - 6.3% this year, according to the Vietnam Institute for Economic & Policy Research (VEPR).
Hanoi has compiled a plan on attracting between US$30 and 40 billion worth of foreign direct investment (FDI) during the 2021-2025 period, Deputy Director of the municipal Department of Planning and Investment Vu Duy Tuan told a working session with local authorities on April 19.
Strong export growth and a successful campaign to contain the spread of COVID-19 have supported Vietnam’s economy through the pandemic and allowed the government to adopt a restrained fiscal policy response, says Fitch Ratings.
Japan's Ube Construction Materials Co. has set up a subsidiary in Ho Chi Minh City to sell waterproof agents and other construction materials in Vietnam and other Southeast Asian countries.
HCM City is gearing up to develop e-commerce infrastructure and make e-commerce an economic spearhead contributing to its economic growth, the municipal Department of Industry and Trade has said.
Vietnam is at a crossroads in its development and requires investment in its transportation network to sustain and expand its growth, said US-based Borgen Magazine in a recent article.