The primary reason for positive economic growth this year is decisive steps to contain the health and economic fallout.
VOV.VN - The number of international travelers to the nation this year is anticipated to fall by over 80%, while the figure for domestic tourists will witness a 45% fall, resulting in estimated losses of US$23 billion.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on November 25 for representatives from 124 enterprises which are honoured with Vietnam National Brand this year.
Weak regional connectivity across land, air and sea has hampered the growth of the southeastern region of Vietnam. Economists believe for the region to develop, it needs to change its mind set and strategy.
Outstanding loans in Vietnam exceeded VND8.79 quadrillion (US$378.74 billion) as of November 17, an increase of 7.26% from the end of 2019, according to the State Bank of Vietnam (SBV).
VOV.VN - Vietnam is set to be one of the few countries globally to record positive economic growth this year, despite the global collapse in trade, travel, and investment caused by the novel coronavirus (COVID-19) pandemic, according to an article recently published by the Asia Times, an English language news media outfit.
Vietnam’s digital economy is expected to reach US$14 billion in 2020, a year-on-year increase of 16%, and will likely reach US$52 billion in 2025, re-accelerating to nearly 29% in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.
VOV.VN - Vietnam’s economy is set to grow by 2.4% this year due to the implementation of swift fiscal and monetary policies, along with decisive steps aimed at containing the health and economic fallout from the COVID-19 pandemic, according to the International Monetary Fund (IMF).
VOV.VN - The relationship and economic cooperation between Vietnam - Oman in recent years has witnessed a strong positive growth, especially in bilateral trade turnover.
Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.