With drastic, flexible and timely directions of the Government and the Prime Minister, and the strong support from people, Vietnam has obtained important results in performing the dual tasks of fighting COVID-19 and boosting socio-economic development.
Located in Bai Tu Long Bay and adjacent to world heritage site Ha Long Bay in the northeastern province of Quang Ninh, the Van Don Economic Zone possesses significant advantages to develop the local and national leisure real estate sector.
Prime Minister Nguyen Xuan Phuc has issued a directive on the building of plans for socio-economic development and State budget estimate for 2021, with a target of about 7% of economic growth for the year.
VOV.VN - Prime Minister Nguyen Xuan Phuc has signed a night-time economy development scheme, permitting services to operate overnight until 6am of the following day.
VOV.VN - Media outlet New Straits Times of Malaysia recently published an article praising Vietnam in its role as ASEAN Chair for 2020 for its ability to manage and formulate a comprehensive regional economic recovery plan.
VOV.VN - News outlet moderndiplomacy.eu has recently published an article outlining the nation’s economic momentum as it moves past the novel coronavirus (COVID-19), describing the country as a perfect example for the global south.
VOV.VN - In the new phase of international economic integration, Vietnam has been advised to make full use of free trade agreements (FTAs) such as CPTPP, EVFTA and those between ASEAN and its partners, for national development.
The northern mountainous province of Lao Cai plans to build Kim Thanh border market and a trade centre to attract investment.
The National Assembly has approved over VND137.6 trillion (US$5.97 billion) in funding for the implementation of the first phase of the national target programme on socio-economic development in ethnic minority and mountainous areas from 2021-2030.
Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3% this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.