Given the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.

Vietnam’s GDP growth forecast for this year has been lowered to 2-2.5%, according to the World Bank's October 2021 Vietnam Macro Monitoring.

VOV.VN - Vietnam’s push to enhance competitiveness, reduce its carbon footprint, and improve lives and livelihoods has been given a boost with the approval of an AUD5 million granted by the Australian government.

VOV.VN - The World Wildlife Fund (WWF) has recently launched a communication campaign which calls on people to reduce ocean plastic waste.

VOV.VN - Vietnam’s economic growth could slow as its population ages, squeezing public finance and stressing the service delivery system, unless timely reforms are set in motion, a new World Bank report finds.

VOV.VN - The World Bank (WB) and partners on September 29 launched a project aiming to reduce economic and health vulnerability of older persons in Vietnam, under a US$2.75-million grant, funded by the Government of Japan through the Japan Social Development Fund (JSDF), administered by the WB.

Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5% to 7% from 2022 onward, the World Bank has forecast.

The World Bank has suggested the Vietnamese Government early devise back-up plans in case the COVID-19 pandemic could last one or two more years, and conduct vaccination in parallel with testing to control the pandemic and mitigate its economic loss.

VOV.VN - Slowing COVID-19 vaccination rate, along with travel restrictions, inadequate economic response policies, and limited social support schemes, have significantly affected the national economy, said Jacques Morisset, chief economist of the World Bank (WB) in Vietnam.

The average duration for customs clearance for exports last year stood at 38.4 hours, a decline by 57.38 hours compared to 2019, according to a survey of an inter-sectoral working group.