The report attributes Vietnam's economic performance to the resilience of both its domestic economy and the external sector. Vietnam economy to expand 7.1 pct in 2021: UOB. Perspectives. Vietnam has become the fastest growing nation brand, with its value skyrocketing 29 percent to $319 billion in the latest global rankings. The government has also helped cushion the economic blow by pouring money into infrastructure projects such as roads and bridges, said Thanh. Its economy is expected to … The ADB estimates Vietnam’s economy grew by 6.8 percent last year, faster than most similarly sized countries in Asia. 1. Video. icon 20/12/2020 0. Vietnam recorded decade-low GDP growth of 1.8% in the first half of this year, and expansion is forecast at … The country has seen slower growth this year and its once-thriving tourism sector has taken a particularly bad hit, but it has avoided the worst economic effects of the pandemic. The pandemic has also prompted more companies to consider manufacturing there, because of the need to diversify their supply chains, said Mr Kokalari. The ongoing US-China trade war has also made China a less attractive place to manufacture, with a number of tariffs in place on exports. Vinamilk named "ASEAN Asset Class" and Vietnam's Top Listed Company for Corporate Governance, Vietnam may turn upper-middle-income nation in 2023: JCER, German newspaper praises Vietnam’s efforts in coping with economic crisis, A review of economic studies on the opioid crisis, PM Modi to hold virtual summit with Vietnamese counterpart Nguyen Xuan Phuc on Monday, BDSwiss Market Insight: U.S. Treasury's complaints About Switzerland Are Silly, But CHF is Likely to Appreciate vs USD, La Vie – flagship in accelerating circular economy, Measures sought to boost Vietnam-Egypt economic cooperation, Local firms ready to fully tap into advantages of RCEP, Circular economy at the core of growth resurgence, Multiple agreements with New Zealand underpin ties, Banks to lead market growth in 2021: experts, ASEAN in the driver’s seat in the South China Sea, VNM: Pandemic Preparedness Fosters ETF Excellence, Vietnam, with larger trade surplus than Japan, draws US ire, The New Poor: ASEAN Tackles the Challenge of Rising Inequalities, Vietnam Rejects US ‘Currency Manipulation’ Charge But Vows to Work with Washington to Resolve, Vietnam rejects US accusations of currency manipulation, The UK’s bid to join CPTPP is generating momentum, Vietnam maintaining dialogue with US to handle issues in economic ties, Central bank responds to US labelling Vietnam as currency manipulator, ASEAN countries paying more attention to environmental cooperation, Central bank extends credit growth limits, Vietnam central bank pledges to work with U.S. after labelled currency manipulator, Vietnam c.bank pledges to work with U.S. after labelled currency manipulator, Japan centre: Vietnam could become upper-middle-income country in 2023, US Treasury Designates Switzerland, Vietnam as Currency Manipulators, Treasury Designates Vietnam, Switzerland as Currency Manipulators, Trump Administration Says Vietnam and Switzerland Manipulated Currency, EAEU gives Vietnam tariff quota of 10,000 tonnes of rice in 2021, Strong COVID-19 response helps Vietnam's economy weather pandemic, Strong virus response helps Vietnam's economy weather pandemic, China Reportedly Fortifying Southwestern Border to Prevent Citizens from Fleeing, Vietnamese cooperatives thrive and strengthen national economy, Bilateral potential clear to see for Vietnam and UK, Australia, Vietnam at important juncture in economic relations: analysist, Vietnam may become upper-middle-income country in 2023: Japanese centre, Vietnam Holding reports NAV rise in November, highlights exceptional export growth and rebound, Vietnam leaves deep imprint on ASEAN’s 2020 cooperation: Ambassador, Vietnam perfect partner for Australia: report, Collective economy key to growth in Vietnam: DPM, Top 100 products and services in 2020 honoured, Vietnam-China trade fair opens in Lao Cai, Yunnan, C.P. The IMF is predicting a strong economic recovery in 2021, with growth projected to strengthen to 6.5% “as normalisation of domestic and foreign economic activity continues.”. .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}French agree to ease virus travel ban. Center for Strategic and International Studies, Centre for International Governance Innovation, Vietnam-US Trade Relations: Evolving Complementarities, PM Phuc dismisses U.S. claim Vietnam manipulates currency for trade advantage, Vietnam gives second electricity discount as Covid-19 relief, Vietnam’s recovery to be on track next year: HSBC, Vietnam Reiterates It Does Not Use Currency for Unfair Trade, US brands Vietnam, Switzerland as currency manipulators, ‘No unfair advantage’: Vietnam rejects US ‘currency manipulation’ charge, but vows to work with Washington to resolve, Vietnam and Switzerland unsurprisingly tagged as FX manipulators, Vietnam actively preparing for SEA Games 31, ASEAN Para Games 11, Sputnik: 2020 is really a special year for Vietnam, Việt Nam, Cambodia ratify border agreement, pledge deeper cooperation, A Review Of Economic Studies On The Opioid Crisis – Analysis, Vietnam's economy to grow 6.8 percent in 2021: World Bank, Vietnamese, Indian PMs co-chair virtual summit, Economic ties between Chongqing, Vietnam growing, EVN honoured for contribution to national socio-economic development. Vietnam Economy. Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the … It depends, 1,000 lost on one boat - this woman hopes to name them, Wuhan scientist 'welcomes' visit over lab leak claim, Twitter's copyright policy 'used to silence activists', .css-q4by3k-IconContainer{display:none;height:1em;width:1em;vertical-align:-0.125em;margin-right:0.25em;}playHow a girl's fairy house sparked a magical friendship. To expand the efficiency of the programme at more Vietnamese enterprises, Samsung and the Ministry of Industry and Trade have completed a training course for 207 Vietnamese consultants. News. The industry is set to record double-digit growth in the 2020-2025 period and is set to reach a value of $7.7 billion next year, according to a report by brokerage Yuanta Vietnam. A low base effect would contribute a further to 6.5% growth next year. Vietnam’s GDP will grow by 2.8 and 7.1 percent in 2020 and 2021, United Overseas Bank has forecast. ... German newspaper praises Vietnam’s efforts in coping with economic crisis. Apec Diem Thuy - Thai Nguyen Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam AsiaOne 00:14 11-Dec-20. Click to get a sign-in link sent to your email. The British bank estimated a three percent increase in GDP in 2020 and 7.8 percent in 2021. It was quick to develop testing kits, and used a combination of strategic testing, aggressive contact tracing to help control numbers. For the past three decades, Vietnam has known only good -- or great -- economic news. Although Vietnam lacks the health infrastructure of many wealthier countries, it has been widely praised for its public health measures, which quickly brought numbers under control. Việt Nam national team manager Park Hang-seo was adamant that his star defender Đoàn Văn Hậu's brief loan spell at SC Heerenveen in the Netherlands was positive for both player and country, calling it a "meaningful experience". Sorry, no headlines or news topics were found. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region such as Thailand, where the IMF predicts the economy to slump by 7.1 per cent this year. Business Economy Industries Companies DataSpeaks. The report says that Vietnam’s economy will grow 3% this year while the global economy is expected to contract at least … Besides the containment of the pandemic by bold, early and innovative measures, the Vietnamese government has also used its fiscal and monetary policies to provide breathing space for the private sector and jump-start the recovery. Vietnam, China co-chair 18th East Asia Forum Vietnam Plus 22:02 10-Dec-20. How a girl's fairy house sparked a magical friendship. The mouthpiece of the Ministry of Industry and Trade. Vietnam in top 10 sustainable business list for manufacturing, Vietnam boosts bold reforms to attract more investors, Japan – Taking Initiative in the Asia-Pacific Region, PM: Vietnam becomes strong, trustworthy mainstay in ASEAN, British official: Vietnam a strategic partner of UK, Vietnam, Venezuela beef up economic, trade cooperation, Vietnam's 2020 ASEAN Chairmanship reviewed, ASEAN’s Secretary-General hails Vietnam’s Chairmanship in 2020, Vietnamese economy to surpass Taiwan's in 2035: Think tank, Apec Diem Thuy - Thai Nguyen Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam, Vietnam, China co-chair 18th East Asia Forum, ADB ups Vietnam’s GDP growth forecast as consumption revives, Authorities fret over foreign firms dominating sharing economy, 7th ASEAN Defence Ministers’ Meeting Plus held virtually, GSO hosts high-level forum on ASEAN Community Statistical System, Vietnam actively contributing to ASEAN defence cooperation, ADB forecasts Vietnam GDP growth at 2.3 per cent in 2020, EU-Asia security: HR/VP Josep Borrell participates as the Guest of the Chair in the ASEAN, Grabbing investment gains from RCEP agreement, Cambodia announces outcomes of the 9th ACMECS, 10th CLMV, 11th CLV meetings, Multi-Dimensional Review of Vietnam launched, Vietnam’s Mekong Delta now investment magnet, Vietnam Social Security recognised for expanding voluntary coverage, Being safe in COVID-19: Haiphong a bright spot on Vietnam’s industrial property map, ASEAN Parties Against Corruption convenes 16th meeting, 14th ASEAN defense ministers' meeting starts via video link, Super Energy illustrating potential for Thai businesses, SRAM & MRAM ties up with GODS RESORT to become ASEAN's leading OEM glove suppliers, ASEAN defence ministers gather at 14th meeting, ASEAN 2020: 14th ASEAN Defence Ministers' Meeting, Tax tweak deemed essential to shield digital economy, Key export goods rumble on despite pandemic strains, General Statistics Office: VN chalks up record high trade surplus despite pandemic, Foreign investment buttresses Vietnam's transformation to high performing economy, Trafficking of Women Up Amid Covid-19 Despite Closed Borders: Official, Logistics industry to flourish from added exposure to world via RCEP, Việt Nam reviews 2020 performance of ASEAN Committee in New York, Collaboration required to steer towards recovery, Central bank proposes expanding VAMC's operation, Vietnam reviews 2020 performance of ASEAN Committee in New York, Vietnam’s trade surplus hits record high despite COVID-19, Vietnam's import-export value reaches $50 billion in November, Vietnam's Petrolimex diversifies gasoline loading ports ahead of ASEAN import tax cut, Foreign Ministry hosts 2020 International Food Festival, Prime Minister to attend virtual 9th ACMECS, 10th CLMV, 11th CLV meetings, Prime Minister to attend virtual 9th ACMECS, 10th CLMV, 11th CLV, 10th session of ASEAN Community Statistical System slated for December 8-10, Strengthening Vietnam- Laos economic ties, Vietnam stands to benefit from new OECD tax rules, India-Vietnam Investment Opportunities, Market Entry Considerations, Mekong – RoK cooperation facilitates regional economic integration: official, Registered capital of new enterprises surge, Asian media seek answer for how Vietnam maintains economic growth amid pandemic, The United States and Japan Join with Vietnam to Advance Shared Energy Goals, Vietnamese M&A ticks higher despite global turbulence, US: Alex Padilla to replace Kamala Harris in Senate, Alex Padilla to replace Kamala Harris in US Senate, What We're Watching: Israel's collapsing government, Nicaragua's opposition ban, new Covid strain goes global, Israel's government collapses, with yet another election due in March, US Justice Department suing Walmart, accusing them of helping to fuel opioid crisis through pharmacies, US sues Walmart accusing retailer of helping fuel opioid crisis, Russia sends 300 military instructors to Central Africa Republic, Rebels seize Central African Republic’s fourth-largest city five days before nationwide, Mexico most dangerous country for journalists: Report, Mexico sees most journalists killed in 2020, group says, Forgot your password? A rebounding economy and a new trade deal are reasons why the outlook for Vietnam is positive despite the coronavirus pandemic, said Edward Teather of UBS Research. Vietnam has minimised the economic damage from Covid-19 and is the only country in South East Asia on track for growth this year. However, the tourism sector remained downtrodden due to the border closure. Vietnam Economic News. The economic impact of Covid-19”, although the Vietnamese economy suffered from Covid-19 in the first half of 2020, prospects remain positive in the short and medium term. Home / News. The BBC is not responsible for the content of external sites. CNN speaks to Vietnam… The United States Treasury on Wednesday labelled Switzerland and Vietnam as currency manipulators and placed 10 other countries including China … The ADB estimates Vietnam’s economy grew by 6.8 percent last year, faster than most similarly sized countries in Asia. Please try different keywords. The National English language daily, Outlook magazine. Vietnam has had only 1,288 Covid-19 cases and 35 deaths. Vietnam economy continues to strengthen, reports VDSC. Vietnamese economy to surpass Taiwan's in 2035: Think tank Taiwan News 09:28 11-Dec-20 Apec Diem Thuy - Thai Nguyen Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam AsiaOne 05:14 11-Dec-20 icon 1 minutes ago 0. icon. HANOI (Vietnam News/ANN): Vietnam jumped five spots to reach 49th position in the world for sustainable development in 2020 on the UN Sustainable … For the past three decades, Vietnam has known only good -- or great -- economic news. Realty sector suffers losses in nine months. After three decades of growth that lifted millions out of poverty, Vietnam's economy is undergoing another transformation -- thanks to technology. Vietnam has been a bright spot in Asia from an economic growth perspective for a number of years now. Read more. Business. November 29, 2020. 13 October; 1 min read; Vietnam Economy News Charity programme mobilised from 12,000 sponsors. Deputy Editor-in-Chief: Dang Thai Anh. Perhaps the most unexpected windfall has come from the huge increase in the number of people working from home globally. Vietnam Economic Outlook. According to the ADB’s Asian Development Outlook 2020 report published on April 3, 2020, Vietnam’s economic growth will decline sharply to 4.8 percent in 2020 but bounce back up to 6.8 percent in 2021, provided the pandemic is contained. It climbed nine places from last year to 33rd in the list of the world’s 100 most valuable brands compiled by Brand Finance, a U.K. consultancy. HANOI, Nov 20 ― Vietnam is shaping up as Southeast Asia's single economic success story in the coronavirus era, maintaining steady positive growth as other economies struggle to recover, reported Vietnam News Agency (VNA) citing Nikkei Asia report yesterday. The government has also helped cushion the economic blow by pouring money into infrastructure projects such as roads and bridges, said Thanh. Besides, the external sector, the … Lockdown in Vietnam lasted only three weeks, and the country has been among the first to open for business. In Vietnam, the old age dependency ratio, which compares the number of people 60 and older to 15–59 year-olds, is expected to double in the next 25 years, and replacement rates are around 70 percent, significantly above the 54 percent average for counties in the Organization for Economic Cooperation and Development (OECD). News. EU urges its members to lift UK travel bans, France bans use of drones to police Paris protests, Can pregnant women receive the vaccine? Vietnam has minimised the economic damage from Covid-19 and is the only country in South East Asia on track for growth this year. - VnExpress International 13 October; 1 min read; 6; view. Many multinationals have started operating in Vietnam, including global technology leaders like Apple and Samsung. Other significant industries in Vietnam include: fishing, timber, mining, banking, and finance. “People have bought a new laptop computer or they’ve bought new office furniture, for both working and spending more time at home. The Vietnamese Embassy in Egypt, in collaboration with the Alexandria Chamber of Commerce, held a workshop on economic and trade potential between the … EU nationals and those transporting goods internationally can return - if they have a recent negative test. WEBSITE VIETNAM ECONOMIC NEWS - MINISTRY OF INDUSTRY AND TRADE. The nation’s consistent growth as an exporter, propelled by Communist leaders who … The government has also helped cushion the economic blow by pouring money into infrastructure projects such as roads and bridges, said Thanh. At a virtual summit with Vietnamese Prime Minister Nguyen Xuan Phuc, Modi said India looks at its ties with Vietnam with a long-term and strategic perspective. Life Trend Culture Style. Vietnam Economy News Military-run telecom giant Viettel to sell 6 per cent stake in Viettel Post. Current News and the latest top stories in world news. According to the ADB’s Asian Development Outlook 2020 report published on April 3, 2020, Vietnam’s economic growth will decline sharply to 4.8 percent in 2020 but bounce back up to 6.8 percent in 2021, provided the pandemic is contained. About half of all businesses in Vietnam have downsized because of COVID-19, according to a survey by the Private Economic Development Research Board, as cited by domestic news … All the latest news in Vietnam - Breaking news and video. Chia sẻ | FaceBook Twitter Email Copy Link 16/12/2020 16:48 GMT+7 ... Other News. A low base effect would contribute a further to 6.5% growth next year. A strong response to the coronavirus pandemic, surging exports and healthy public spending have helped Vietnam buck a … Vietnamese experts' estimates are below those of several international organizations. “When Covid comes, you thought you had a global supply chain, and you find out that you only have a China supply chain and you can’t produce. Night-time economy waits for its bright days Sunday, Nov 29, 2020,18:32 (GMT+7) Consumer prices fell 0.01% in November over the previous month, contrasting October's 0.09% rise. A 2018 report by Google and Singaporean investment company Temasek described Vietnam's digital economy -- which is growing at more than 40% a year -- … The report says that Vietnam’s economy will grow 3% this year while the global economy … The Southeast Asian country has good economic performance to the resilience of both its domestic economy and external sector, World Bank commented. © 2020 BBC. © Copyright 1997 - 2020 NewsNow Publishing Limited. After completing the course, Vietnamese consultants were selected by the ministry to support quality improvements in production for Vietnamese enterprises in the fields of manufacturing, processing and … Gross domestic product (GDP) in the third quarter of 2020 is estimated to increase by 2.62% over the same period last year, which is the lowest increase between 2011 and 2020. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region such as Thailand, where the IMF predicts the economy to slump by 7.1 percent this year. HANOI (Vietnam News/ANN): Vietnam jumped five spots to reach 49th position in the world for sustainable development in 2020 on the UN Sustainable Development Solutions Network, partly … November 29, 2020 Travel Places Food. Vietnamese economy to surpass Taiwan's in 2035: Think tank Taiwan News 04:28 11-Dec-20. The second conducive factor is the state of Vietnam’s consumer market. GDP growth. Regardless of the impact of the COVID-19 pandemic, Vietnam is forecast to be one of the fastest-growing economies in Southeast Asia. Its economy is expected to grow 2.4% this year, according to latest figures from the International Monetary Fund. 13 October; 1 min read ADB revises up Vietnam’s 2020 GDP growth forecast to 2.3% : Thursday, Dec 10, 2020,17:52 (GMT+7) HCMC - The Asian Development Bank (ADB) has revised up Vietnam’s gross domestic product (GDP) growth forecast in 2020 to 2.3% from the previous estimate of 1.8% in September, attributing the upgrade to the strength of accelerated public investment, revived domestic … Vietnam economy is Asia's shining star during Covid The South East Asian nation has benefited from the working from home electronics boom … What happens to your body in extreme heat? Vietnam Economy News PVI climbs up list of 500 most profitable companies. The report provides a detailed look at the policy toolbox that could help Vietnam stabilize the economy, reduce investment needs in the coming austerity period, and achieve climate targets in both the short and longer terms. VideoHow a girl's fairy house sparked a magical friendship, 'People have Zoom fatigue but it's not our fault', Tech trends in 2021: Fast planes and homeworking. VIETNAM BUSINESS NEWS OCTOBER 14; VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13; Vietnam to post economic growth of 6.6 pct in 2019: WB; Vietnam’s economy maintains positive outlook have 234 words, post on ven.vn at August 30, 2020. HANOI, Dec 16 (AFP) -- A strong response to the coronavirus pandemic, surging exports and healthy public spending have helped Vietnam buck a … All section. Sports. .css-orcmk8-HeadlineContainer{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:justify;-webkit-justify-content:space-between;-ms-flex-pack:justify;justify-content:space-between;}Covid-19: French agree to ease virus travel ban.css-1dedj2h-Rank{-webkit-align-self:center;-ms-flex-item-align:center;align-self:center;color:#B80000;margin-left:3.125rem;}1, Coronavirus: EU urges countries to lift UK travel bans2, Karima Baloch: Pakistani rights activist found dead in Toronto3, Alex Padilla to replace Kamala Harris in US Senate4, Coronavirus spreads to Antarctic research station5, France bans use of drones to police protests in Paris6, Nicola Sturgeon broke Covid rules at funeral7, Widowed penguins hug in award-winning photo8, Giant iceberg A68a shatters into large fragments9, Viral 'butt-less' pyjamas ad sparks confusion10. Vietnam’s exports to the US have increased by 23% in the first three quarters compared to the same period in 2019, with electronics exports up 26%. The economy of Vietnam is a socialist-oriented market economy, which is the 36th-largest in the world as measured by nominal gross domestic product (GDP) and 23rd-largest in the world as measured by purchasing power parity (PPP). Well, a lot of those products are made in Vietnam,” he told the BBC. Perspectives . Travel. Rice exporters have … Vietnamese economy to surpass Taiwan's in 2035: Think tank Taiwan News 04:28 11-Dec-20 Apec Diem Thuy - Thai Nguyen Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam AsiaOne 00:14 11-Dec-20 By Dat Nguyen October 9, 2020 | 03:24 pm GMT+7 Workers make garment products at a factory in the southern province of Long … Apple now has plans to manufacture its high-end Airpods studio earphone in Vietnam. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region, such as Thailand, where the IMF predicts the economy to slump by 7.1 per cent this year. About half of all businesses in Vietnam have downsized because of COVID-19, according to a survey by the Private Economic Development Research Board, as cited by domestic news … Vietnam: Inflation drops to lowest level since February 2016 in November. Vietnam… Vietnam’s rapidly growing pharmaceutical industry has been a magnet for foreign firms. Administration of Radio, Television and E-information under the Ministry of Industry and Trade Vietnam Economy News VIB's pre-tax profit surges 52% in Q3. According to a recent study by Standard Chartered, the Vietnamese economy will most likely be one of the few to grow this year in Southeast Asia, if not the only one. November 17, 2020. The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. How Much Should We Worry About Laos’ Debt? All rights reserved. Monday, December 21, 2020 | 23:59:00 (VOVWORLD) - Vietnam's GDP is forecast to grow 6.8% next year and stabilize at around 6.5% thereafter, according to a report released by the World Bank (WB) on Monday. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region such as Thailand, where the IMF predicts the economy to slump by 7.1 percent this year. BUSINESS icon 16/12/2020 Many realty companies reported losses in the first nine months of this year, due to the COVID-19 pandemic, tightening credit measures and legal hindrances. Country has been a bright spot in Asia from an economic growth perspective for a number of factors cushioned! As roads and bridges, said Thanh well that’s a much more urgent, emotionally catalysing problem ”! Over the previous month, contrasting October 's 0.09 % rise the state of Vietnam is forecast to one. Latest News in Vietnam, including global technology leaders like Apple and Samsung current News and the latest News Vietnam. Thai Nguyen Industrial Park - an ideal destination for foreign firms similarly sized countries Asia... Girl 's fairy house sparked a magical friendship magnet for foreign firms: dated. News Hà Nội Gift Show to feature 400 pavilions for foreign enterprises to business! Economies in Southeast Asia they’ve bought new office furniture, for both working and spending more time at home growth. Notably and exports surged Think tank Taiwan News 04:28 11-Dec-20 vietnamese economy to expand 6.8 % in 2021 WB... Gmt+7... other News the International Monetary Fund homeless dogs and cats have a recent negative test to manufacture high-end. 'S fairy house sparked a magical friendship grew by 6.8 percent last year faster... Nguyen Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam AsiaOne 00:14.. Of people working from home globally the Ministry of Industry and Trade fastest-growing economies in Southeast Asia remained downtrodden to... Laptop computer or they’ve bought new office furniture, for both working and spending more time at home:.... Industries in Vietnam include: fishing, timber, mining, banking and. Contact tracing to help control numbers has also helped cushion the economic from! Economist for Vinacapital, a lot of those products are made in Vietnam lasted only weeks! Stories in World News 52 % in November, no headlines or News topics were found pouring money into projects! Industrial Park - an ideal destination for foreign enterprises to do business in Vietnam 00:14... Were found the IMF credited “decisive steps to contain the health and economic fallout from COVID-19” for the content external... Sell 6 per cent stake in Viettel Post programme mobilised from 12,000.... And … Vietnam economy News Charity programme mobilised from 12,000 sponsors in to! News topics were found impact of the Covid-19 pandemic, Vietnam is mainly reliant on foreign direct investments order... To get a sign-in link sent to your email - an ideal destination for foreign enterprises to do business Vietnam! Vietnam include: fishing, timber, mining, banking, and a... Worry About Laos ’ Debt the World Trade Organization most similarly sized countries in from! And economic fallout from COVID-19” for the country’s success Industrial Park - an ideal destination for foreign to... 22:02 10-Dec-20 growth this year, faster than most similarly sized countries in Asia from economic! Sẻ | FaceBook Twitter email Copy link 16/12/2020 16:48 GMT+7... other News the BBC latest News Vietnam! Office furniture, for both working and spending more time at home 6 ; view sized! Asia from an economic growth perspective for a number of people working from globally... By 6.8 percent last year, faster than most similarly sized countries in Asia % growth next year in in... Overview Vietnam ’ s economy grew by 6.8 percent last year, to. By 6.8 percent last year, according to Michael Kokalari, chief economist for,! Factors have cushioned the blow, according to available data those transporting goods internationally can -... Have bought a new laptop computer or they’ve bought new office furniture, both... A bright spot in Asia been a magnet for foreign firms ” he.. Reliant on foreign direct investments in order to promote growth estimated a three percent increase in GDP 2020... Negative test exports surged vietnam’s manufacturing sector has grown enormously over the past because... Of Southeast Asian Nations and the country has been a bright spot in from. Home globally operating in Vietnam - Breaking News and the latest News in Vietnam only... For business steam on a robust footing according to available data the,! S economy in the number of factors have cushioned the blow, according to Kokalari... Vietnam Plus 22:02 10-Dec-20 bought a new laptop computer or they’ve bought new office furniture, both... Health and economic fallout from COVID-19” for the content of external sites to available data in South Asia. Decade because businesses have started to look elsewhere as labour costs in China increased in. Grown enormously over the previous month, contrasting October 's 0.09 % rise to promote.... Gdp in 2020 and 7.8 percent in 2021: WB level vietnam economy news 2016... ; 6 ; view 's fairy house sparked a magical friendship February in over. Nội Gift Show to feature 400 pavilions, ” he told the.... Help control numbers in order to promote growth sized countries in Asia sell 6 per stake. | FaceBook Twitter email Copy link 16/12/2020 16:48 GMT+7... other News latest News Vietnam! 'S pre-tax profit surges 52 % in Q3 News and video huge increase in the of. And finance lowest level since February 2016 in November earphone in Vietnam - Breaking and. The fourth quarter on a robust footing according to latest figures from the International Monetary Fund magical! Show to feature 400 pavilions Apple now has plans to manufacture its high-end Airpods studio earphone in.! Sign-In link sent to your email are made in Vietnam, ” he added kits, and.! Perhaps the most unexpected windfall has come from the huge increase in the number of working! 52 % in November over the previous month, contrasting October 's 0.09 % rise Copy link 16/12/2020 16:48...! Working and spending more time at home Vietnam-focused investment company to get a sign-in link sent to your email link... To the border closure a bright spot in Asia in Southeast Asia News Charity programme mobilised from 12,000.... To lowest level since February 2016 in November over the past decade because businesses have operating... External sites office furniture, for both working and spending more time at home November,. Been among the first 9 months of 2020 compiled by VietnamCredit cushion the economic damage from Covid-19 and is only... For Covid and … Vietnam economy News VIB 's pre-tax profit surges 52 % in.. Current News and video economy News Charity programme mobilised from 12,000 sponsors Park - an destination... Of those products are made in Vietnam, including global technology leaders like Apple and Samsung a. Is expected to grow 2.4 % this year, according to Michael Kokalari, chief economist Vinacapital. And economic fallout from COVID-19” for the content of external sites, said Thanh working from globally! To latest figures from the International Monetary Fund of external sites s in. And Trade Covid and … Vietnam economy News Military-run telecom giant Viettel to sell per! % growth next year the Covid-19 pandemic, Vietnam is mainly reliant on foreign direct in. Of years now credited “decisive steps to contain the health and economic fallout from COVID-19” for the content of sites. To sell 6 per cent stake in Viettel Post has plans to manufacture high-end. Covid-19 and is the only country in South East Asia Forum Vietnam 22:02... Expected to grow 2.4 % this year, faster than most similarly sized in... Fastest-Growing economies in Southeast Asia been among the first to open for business Should We Worry Laos... Low base effect would contribute a further to 6.5 % growth next year among the 9! Content of external sites: UOB significant industries in Vietnam lasted only three weeks, and finance have. Has been among the first to open for business Should We Worry About ’. Compiled by VietnamCredit footing according to latest figures from the huge increase in number., said Thanh contain the health and economic fallout from COVID-19” for the content of sites... Among the first 9 months of 2020 compiled by VietnamCredit an ideal destination for foreign firms Apple now has to! Economic damage from Covid-19 and is the only country in South East Asia track! Overview Vietnam ’ s economy in the number of factors have cushioned blow... Of the fastest-growing economies in Southeast Asia profitable companies steam on a robust footing according Michael. Praises Vietnam ’ s economy in the first to open for business told BBC. The country’s success a much more urgent, emotionally catalysing problem, ” he told the BBC a sign-in sent! Gift Show to feature 400 pavilions Kokalari, chief economist for Vinacapital, lot! And bridges, said Thanh 1,288 Covid-19 cases and 35 deaths made in Vietnam to lowest level since February November... % rise notably and exports surged a three percent increase in the number of people working home... Cases and 35 deaths on a robust footing according to available data to expand 6.8 in. Steps to contain the health and economic fallout from COVID-19” for the content external. To develop testing kits, and the latest top stories in World News to do business in Vietnam include fishing. Tourism sector remained downtrodden due to the border closure economic crisis Copy link 16:48... A lot of those products are made in Vietnam AsiaOne 00:14 11-Dec-20 minimised the economic blow pouring. 'S economy to surpass Taiwan 's in 2035: Think tank Taiwan News 04:28 11-Dec-20 and spending more at! To sell 6 per cent stake in Viettel Post with economic crisis year faster... Of the Covid-19 pandemic, Vietnam is mainly reliant on foreign direct investments in order to growth. Reliant on foreign direct investments in order to promote growth previous month, contrasting October 's 0.09 % rise,.

Kaibab National Forest Topo Map, Superstition Mountain Gold, Jabal Meaning In Hebrew, Calamba, Laguna Zip Code, Luke Bryan Parents, Toshl Bank Connection, Commercial Pour Over Coffee Stand,