Financial website thearmchairtrader.com has run a story which commented that the economic fundamentals underpinning Vietnam were strong and just going to get better.
The flow of overseas remittances to Ho Chi Minh City reached US$5.1 billion in the first nine months of 2021, up 22% year on year, the State Bank of Vietnam’s Branch in the city has reported.
While Vietnam is not out of the woods yet, it has enough pull factors to encourage investors to continue their business operations and even move their manufacturing operations to the country, according to Vietnam Briefing.
VOV.VN - Vietnam’s economy is projected to grow by between 6% and 6.5% next year, Prime Minister Pham Minh Chinh unveiled the Government’s target at the ongoing session of the National Assembly in Hanoi on October 20.
VOV.VN - The consumption demand and steel exports ahead in the remaining months of the year are anticipated to see robust growth thanks to numerous positive outcomes achieved during the first nine months of the year, according to a forecast made by the Vietnam Steel Association (VSA).
VOV.VN - Investment during the COVID-19 pandemic has proved challenging for investors worldwide, although hopes for the Vietnamese economy are growing as the local market outperformed other international peers thanks to its GDP growth amid COVID-19 last year, according to the Bangkok Post.
Vietnam’s seaports handled over 587 million tonnes of goods in the first ten months of this year, representing a year-on-year rise of 2%, according to the Vietnam Maritime Administration (VMA).
Vietnam’s economic prospects greatly depend on COVID-19 vaccination speed and scale, the efficiency of pandemic prevention and control measures and the effectiveness of supporting packages, held experts at a conference organised by the Vietnam Economic Strategy Studies Centre (VESS) on October 18.
A workshop held in Hanoi on October 14 highlighted the circular economy as the future of equal and sustainable economic growth.
VOV.VN - The International Monetary Fund (IMF) has forecast Vietnam’s GDP to grow at around 3.8% this year, higher than that of its regional peers, Malaysia, Thailand, the Philippines, and Indonesia.