Vietnam ranks 70th among 190 economies in this year's Doing Business 2020 report released by the World Bank (WB). One year earlier, it ranked 69th, and in 2018, it was 68th.
The Ministry of Finance (MoF)'s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said director of the department Nguyen Anh Tuan.
Hanoi is working on a plan to form a technology trading platform - a move considered critical for the development of the science-technology market in the capital and in Vietnam as a whole.
While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year.
Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
VOV.VN - Despite the nation suffering an annual drop in foreign direct investment (FDI) during the four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
The Prime Minister has ordered the building of a national strategy on developing a digital economy and digital society to be completed in August.
The consumer price index (CPI) in Ho Chi Minh City inched up 0.001% in April against March, according to the city’s Statistics Office.
Vietnam’s index of industrial production (IIP) in April is estimated to rise by 24.1% year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office.