Vietnam’s exports are likely to rise 10.7% in 2021, with annual inflation expected below 4%, the prime minister said on Wednesday, promising lawmakers that economic revival lay ahead.
Vietnam’s 11 largest state-owned corporations had accumulated losses of VND11.46 trillion ($505 million) as of last year.
Although Vietnam’s Chinese debt burden is low compared to some of its neighbors, it is still a worry for the Communist Party mandarins in Hanoi.
The Ministry of Planning and Investment estimates the country’s GDP growth in 2021 at 3-3.5 percent, down 0.5 percentage points from the forecast in September.
Vietnam’s gross domestic product contracted 6.17% in the third quarter of 2021 from a year earlier as pandemic restrictions hit, the sharpest quarterly decline on record, government data released on Wednesday showed.
Vietnam plans to ease coronavirus curbs and allow businesses to restart production from next week to prop up an economy which has suffered under lengthy lockdowns, Prime Minister Pham Minh Chinh said on Saturday.
Some Asian nations’ headlong push to restart tourism is a function of deeper structural imbalances in the global political economy.
Hanoi has been tempted to shift away from neutrality as tensions rise with Beijing.
The Delta variant is causing havoc in Ho Chi Minh City, disrupting business and supply chains of global brands.
Binh Duong province is the country’s second-largest recipient of accumulated foreign direct investment after nearby Ho Chi Minh City. The government expects 50,000 new cases there in the next fortnight. The government allowed factories in industrial zones to stay open…
With Ho Chi Minh City as its commercial hub, Vietnam vies with China for the status of the world’s factory. But rapidly rising delta infections have hit manufacturing, amid strict lockdowns.
Vietnam’s nascent stock rebound could push on to fresh highs thanks to cheap valuations and a positive earnings outlook, according the country’s two biggest equity investors.
Vietnam’s demographics and strong manufacturing base, developed over two decades, have put it in a favourable position to weather current challenges.
Vietnam’s gross domestic product (GDP) grew by 5.64 per cent in the first half of 2021, according to a government report this week.
Secretary General of the France – Vietnam Friendship Association Jean-Pierre Archambault has expressed his interest in Vietnam’s sound choices for development, which were mentioned in an article on several theoretical and practical issues on socialism and the path towards socialism…
Despite worries that Việt Nam’s stock market might correct in the near future after growing dramatically, experts believe that there are more opportunities than risks for investors.
US exports contribute, though delayed vaccinations hinder prospects
Trade in goods between Vietnam and the European Union (EU) has seen positive growth since the beginning of 2021, despite the impact of the Covid-19 pandemic.
Many businesses have closed down or are struggling with rising overheads due to Covid-19.
Cambodia-Vietnam trade sharply increased by 22 per cent in the first quarter of 2021 on a yearly basis, reaching a record high of $3.892 billion, despite tightened border controls over fears of spreading the Covid-19 pandemic, according to the Vietnamese…
Corporate governance rules in Vietnam need an upgrade. Vietnam’s ambitious program of developing smart cities and installing climate change-resilient infrastructure requires complex public–private partnerships (PPPs) that challenge the worldview of some policymakers.
Vietnam is currently experiencing a record high in new COVID cases. Authorities are locking down entire streets, closing businesses, and curbing tourism to stop the spread.
The Vietnamese economy will be the fastest growing in Southeast Asia this year at 6.7 percent driven by a manufacturing recovery and boom in trade.
Vietnam has risen three places to 40th in the annual Best Countries Overall Rankings 2021 thanks to economic growth expansion, power, heritage and business openness.
As much of the globe struggles to avoid Covid-19-related recessions, Vietnam faces an entirely different dilemma: overheating.
Vietnam received $4.1 billion in foreign direct investment (FDI) in the first three months of 2021, up 6.5% from a year earlier, government data showed on Saturday.