Angolan banking sector

Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

Notably, Việt Nam has gained outstanding achievements in the international integration process. According to Minister Nguyễn Chí Dũng, by 2020, Việt Nam has signed 15 free trade agreements and is negotiating two others. The country has 16 strategic partners, 11 comprehensive strategic partners and joined more than 500 bilateral and multilateral agreements in many fields. A total of 71 countries have so far recognised Việt Nam as a market economy. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period

Since the beginning of 2020, the Covid-19 pandemic has had a considerable impact on the maritime market, freezing global trade and travel and leading to sharp decreases in shipping revenues. In this context, VIMC’s development plan focuses on three fields - seaport operations, shipping and logistics services. The corporation aims to reach shipping volume of over 18 million tonnes, cargo volume at seaports at nearly 139 million tonnes, revenue of VND10.771 trillion, and consolidated profit of over VND1.23 trillion. … [Read more...] about VIMC strives to become regional brand name