VOV.VN - Vietnam’s GDP growth rate during the third quarter of the year was estimated to have endured a decline of 6.17% due to social distancing and other COVID-19-related restrictions taking a heavy toll on the economy.

Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5% to 7% from 2022 onward, the World Bank has forecast.

VOV.VN - Despite the negative impact caused by the prolonged COVID-19 outbreak, Vietnam remains an attractive destination for foreign investors over the long run, Choi Joo-ho, CEO of Samsung Vietnam, told local media outlets on September 27.

Banks have been promoting the mobilisation of medium- and long-term capital through bond issuance to meet the State Bank of Vietnam (SBV)’s requirements on capital adequacy ratio (CAR).

VOV.VN - In its outlook update released on September 22, the Asian Development Bank (ADB) has lowered Vietnam’s economic growth rate for 2021 to 3.8% from the 6.7% projection due to the impact of the COVID-19 pandemic.

Vietnam needs to shift from “Zero-COVID” strategy to vaccinations as the pandemic and the risk of new outbreaks are still lingering on, according to Dr. Nguyen Duc Kien, head of the Prime Minister’s Economic Advisory Council.

World Tourism Day 2021, which is observed on September 27 annually, will focus on “Tourism for Inclusive Growth” this year, according to the Vietnam National Administration of Tourism (VNAT).

VOV.VN - Vietnam has benefitted from implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as two-way trade between it and other CPTPP markets rose 23.36% to US$52 billion during the seven-month period, according to the Ministry of Industry and Trade (MoIT).

The positive achievements in socio-economic development in 2020 amid the prevalence of COVID-19 have offered Vietnam a further premise for the successful realisation of its socio-economic development targets this year.

VOV.VN - The Vietnamese Ministry of Industry and Trade (MoIT) signed memorandum of understanding (MoU) with the Chinese Ministry of Commerce regarding the establishment of a Working Group on Vietnam-China Trade Facilitation and the bilateral co-operation plan for the 2021 to 2025 period.