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You are here: Home / Archives for Business europe circular economy industry platform

Business europe circular economy industry platform

Vietnam – one of fastest growing economies: WB

· January 19, 2021 ·

Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB

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Economist: VN-Index does not reflect the economy

· January 19, 2021 ·

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy

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Researchers warn of risks for Vietnam in 2021

· January 19, 2021 ·

According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021

Filed Under: Uncategorized Covid-19, GDP growth rate, CIEM, vietnam economy, Vietnam business news, business news, vietnamnet bridge, english news, Vietnam news, vietnamnet news, Vietnam latest news, Vietnam breaking news, Vietnamese newspaper, Vietnamese newspaper articles, news v, vietnam market research, vietnam business opportunities and risks, RISK WARNING, Journal Of Risk Research, Vietnam Industry Research and Consultant, vietnam research paper, vietnam war research paper, vietnam health risks, Risk factors and warning signs of suicide, Wildlife At Risk Vietnam

Hanoi envisages to become international trade hub

· January 19, 2021 ·

The municipal Department of Industry and Trade plans to lure more investments, and outline support measures and programmes to encourage businesses to land investment in modern distribution and sales systems such as shopping malls and supermarkets. It is striving to develop five regional-level wholesale centres, ten regional-level shopping malls, 12 logistics centres, 68 trade centres, 850 supermarkets and 140 markets. Besides, Hanoi, which houses to 6,000 information technology firms and two IT parks, has taken lead in the country in terms of ICT revenue. Furthermore, the capital city has witnessed the sound development of infrastructure at industrial zones, with 17 high-tech industrial parks, 70 industrial clusters with stable operation, and 43 newly-established industrial clusters. Handicraft industry has been encouraged and received support, with 1,350 craft villages which attract tens of thousands of labourers. According to Deputy Director of the municipal Department of … [Read more...] about Hanoi envisages to become international trade hub

Filed Under: Uncategorized Hanoi, industry and trade development, international trade hub, gross regional domestic product, global supply chain, trade infrastructure, Vietnam News Agency, Vietnamplus, Business, gross, international trade finance, international trade business, international trade data, masters in international trade, international trade company, international trade fairs, international trading companies, international share trading, international stock trading, convention on international trade in endangered species, domestic trade and international trade, united states international trade commission, international trade commission, Korea International Trade Association, international trade center, Ministry of International Trade and Industry, u.s. international trade commission, international trade administration commission, Department of Foreign Affairs and International Trade, international trade court, international trade organization, International Trade Canada, International Trade Tower, international trade loan program, trade hub 21, international trade shows, international trade agreements, trade hub, e futures international trading platform

GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute

· January 19, 2021 ·

Hanoi (VNA) - Vietnam’s 2021 GDP growth is projected at 5.49 percent in the normal scenario, 6.9 percent if the current situation gets better, and 3.48 percent in the worst-case scenario, according to the Vietnam Institute of Economics under the Vietnam Academy of Social Sciences (VASS). The real growth rate will depend on the world economic situation and the capacity to absorb FDI, the “Vietnam Economic Overview 2020: Promoting innovation-based economic growth” conference held by the institute on January 19 heard. VASS President Bui Nhat Quang said the COVID-19 pandemic strongly affected economic growth around the world in 2020, with most major economies posting contractions. Vietnam, however, achieved the twin targets of disease prevention and socio-economic recovery and development. It posted economic growth of 2.91 percent, the lowest since 1986, when its “renewal” process began, but higher than the figure posted in many other countries in the … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute

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