The disbursement of public investment sourced from the State budget in April was estimated at VND30.4 trillion (US$1.32 billion), a year-on-year surge of 23.9%, and reaching the highest monthly level since 2017, according to the General Statistics Office.
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
A new report finds that 43% of US-based respondents cited Vietnam among their top three buying geographies as of early 2021, doubled from 2019, according to Material Handling & Logistics, a US website.
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
Vietnam will record positive economic growth in 2021, at around 6-7%, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign.
The portal of the Austrian Federal Economic Chamber has run an article hailing Vietnam’s consistent, drastic and effective measures against the COVID-19 pandemic, adding that the Vietnamese market remains attractive to Austrian firms.
Central Retail in Vietnam has launched its GO! Mall & GO! Hypermarket on Viet Bac street in Tan Lap district, Thai Nguyen city, the northern province of the same name.
In the 46 years since national reunification, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which has been targeted to continue being an important driver of the domestic economy.
Global financial markets have been negatively hit and significantly shaken by the ongoing unpredictable, relentless and complicated developments under the COVID-19 pandemic, leading to continued global financial instability.
Leaders of European businesses have started 2021 with optimism about the trade and investment environment in Vietnam, according the Business Climate Index (BCI) for the first quarter of 2021 released by the European Chamber of Commerce (EuroCham) on April 30.