The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.

VOV.VN - The Vietnamese garment and textile sector has found itself in dire straits to meet its US$39 billion export target this year as it is now facing supply chain disruption, order shifting to rivals and a shortage of workers as a result of the COVID-19 pandemic, according to industry insiders.

Industrial production firms in Ho Chi Minh City have not yet showed signals of recovery due to the COVID-19 pandemic.

VOV.VN - The prospect of the arrival of fresh vaccine sources to the country until the end of the year is positive, with the aim being to soon have sufficient vaccine coverage for the majority of the population, thereby creating conditions for the process of opening up the national economy.

The shortage of high-quality workforce is a “bottleneck” faced by domestic support industry enterprises, said economists.

The Vietnamese National Assembly will create favourable conditions for local and foreign businesses in all economic sectors to invest and do business in the country.

VOV.VN - Changing a COVID-19 strategy to live safely with the virus is the key to economic recovery that can help Vietnam retain foreign direct investment (FDI), according to Nguyen Hai Minh, vice president of the European Chamber of Commerce in Vietnam (Eurocham).

Vietnam’s seafood exporters are seeking ways to boost shipments to niche markets, as COVID-19 is disrupting supply chains, hindering logistics services and raising transportation costs.

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.

Ministers of ASEAN, Australia, New Zealand, Japan, the UK, and East Asia sat down together at the virtual 26th ASEAN Economic Ministers (AEM) - Closer Economic Relations (CER) Consultations on September 15.