Tag: spending
Wine, beer consumption up despite pandemic
A Vietnamese person consumed an average of 1.3 liters of wine and beer per month in 2020, higher than the 0.9 liter in 2018, despite the COVID-19 outbreak, according to the General Statistics Office.
“Vaccine passport" mechanism needed to promote trade, investment: PM
Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.
Financial sector’s State budget collection expected to hit US$58.4 bln
The financial sector expects to collect over VND1.343 quadrillion (US$58.4 billion) for the State budget in 2021, equivalent to 15.5% of the country’s gross domestic product (GDP), said the Ministry of Finance.
No Black Friday shopping spree recorded in Vietnam this year
VOV.VN - The negative impact of the novel coronavirus (COVID-19) epidemic appears to have dampened the enthusiasm of consumers in Hanoi for this year’s Black Friday promotional sales.
Vietnam household spending predicted to surge over 9% in 2021
The rate is even higher than the 7.1% year-on-year growth from a pre-COVID-19 environment in 2019.
Vietnamese economy remains resilient despite COVID-19 challenges
VOV.VN - The nation’s economy is expected to record growth of 1.8% this year, despite the impact of the novel coronavirus (COVID-19) pandemic, before bouncing back to 6.3% in 2021, according to a new report released on September 15 by the Asian Development Bank (ADB).
