The Ministry of Industry and Trade (MoIT) and the Hanoi Department of Industry and Trade have held a two-day conference with a view of helping firms understand more about commitments in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
VOV.VN - The opening six months of the year saw retail sales reach a figure of VND1,895,600 billion, accounting for 79.6% of total turnover and representing an annual boost of 3.4%, according to figures released by the General Statistics Office.
VOV.VN - A statement made by the European Commission (EC) on June 30 officially announced the European Union-Vietnam Free Trade Agreement (EVFTA), signed on June 30, 2019, will officially come into effective as of August 1.
VOV.VN - Despite suffering the negative impacts caused by the epidemic and natural disasters, the national agriculture sector still managed to experience positive growth during the first six months of the year, with GDP for the sector in the first quarter enjoying a 0.08% rise from last year with the aim to beat the export target of US$41 billion.
The 10th Meeting on the Regional Comprehensive Economic Partnership (RCEP), scheduled for June 23 in Hanoi, is expected to bring a new change to regional and global trade.
Many commercial banks are proposing the central bank to extend credit growth limits as they have nearly reached the allowed threshold.
The State Bank of Vietnam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5% this year in light of a weak economic outlook, experts forecast.
VOV.VN - The southern economic zone must introduce solutions to fully exploit its potential and promote fresh growth in order to offset the negative effects of the novel coronavirus (COVID-19) pandemic and achieve sustainable development, said Prime Minister Nguyen Xuan Phuc.
The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4% and 12%, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.
The State budget revenue in January – April was estimated to total VND491.38 trillion (US$21.05 billion), representing a drop of 5.9% against the same period last year, as the Government offered tax relief to support those affected by the COVID-19 pandemic, according to the Ministry of Finance.
VOV.VN - The year’s first quarter saw Ho Chi Minh City enjoy growth of 1.03%, according to a new report to be released by the General Statistics Office, while Prime Minister Nguyen Xuan Phuc has suggested that the southern metropolis should strive to devise solutions in order to facilitate the local economy recovering in an effective manner.
The building material sector would be among the first to benefit from the Government’s efforts to speed up disbursement of public investment, which was identified as a growth driver as the COVID-19 pandemic cast a shadow on the economy.
VOV.VN - Vietnam’s digital economy is anticipated to rapidly grow to the point where it makes up approximately 20% of national GDP by 2025, with the figure expected to rise further to 30% by 2030.
The Ministry of Finance forecast a budget overspending at 5-5.1% of gross domestic product (GDP) this year, about 1.5-1.6 percentage points higher than the Government’s plan due to the impacts of the COVID-19 pandemic.
Vietnamese workers living abroad sent home US$17 billion last year, making Vietnam the world's ninth biggest remittance beneficiary, a World Bank report says.
VOV.VN - Whilst attempting to tackle the spread of the novel coronavirus (COVID-19) epidemic, Hanoi must strive to accomplish some of the basic objectives set out at the beginning of the year, with a specific focus on ensuring that economic growth, job creation, and budget revenue are maintained.
The rating showcases the strong medium-term macroeconomic outlook, contained government debt burden as well as favorable external finances compared to peer countries.
Localities in the northern key economic region have connected to create value chains to boost the entire region’s development.
VOV.VN - Vietnam is striving to battle the COVID-19 pandemic while attaining socio-economic growth targets with authorities and enterprises making every effort to increase exports and stabilize the domestic market to sustain GDP this year.
VOV.VN - Vietnam’s gross domestic product (GDP) growth tumbled to a record 10-year low of 3.82% during the year’s first quarter as a result of the considerable impact of the novel coronavirus (COVID-19), according to the General Statistics Office.