Smart cities hold the answer to the modern world's problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts.

It is undeniable that the aviation industry has contributed greatly to the development of the global economy, accounting for roughly 3.6% of total global GDP.

Deputy Prime Minister Truong Hoa Binh has told Ho Chi Minh City’s authorities to consult foreign experts on its plan to build an innovative ‘city within a city’ in the eastern part of the sprawling metropolis.

Vietnam’s export is set to grow 5% annually from 2021 to 2025 to reach US$340 billion in 2025, according to the Ministry of Industry and Trade (MoIT)’s plan on socio-economic development for the five-year period.

HSBC has issued VND600 billion (US$25.7 million) worth of bonds, becoming the first foreign bank to do so in Vietnam.

HCM City has prepared plans to develop 300 cooperatives and five cooperative alliances in the 2021-2030 period, thus reaching the targeted growth of 7 percent in the cooperative economic sector.

Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.

The e-magazine “Doanh nhan Vietnam” (Vietnam Entrepreneur) held a forum in Hanoi on July 23 to discuss business restructuring amid challenges caused by COVID-19.

Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3% this year on soft external demand, with external headwinds set to offset domestic outperformance.

VOV.VN - The COVID-19 pandemic is expected to take its continued toll on the global economy in the second half of the year, but thanks to the disease brought under control in Vietnam, the national economy is projected to grow by 3.8% in 2020.