Most notably, electricity demand is anticipated to continue to increase sharply over the course of the coming years in order to serve production activities once the country has officially joined both the the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA). Moreover, the nation is keen to be regarded as a key market that benefits from the shift in production of global firms amid escalating trade tensions between the United States and China. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 2
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On the propaganda front, the Health Ministry was busy. Pop stars Min and Erik taught the country the right way to wash its hands in their music video “Jealous Coronavirus.” The song even got play internationally. Posters were put up to tell Vietnamese to “wear a mask properly to avoid coronavirus.” … [Read more...] about How did Vietnam dodge Covid-19?
One significant factor is Vietnam’s GDP growth of 7.02 per cent last year, and 7.08 per cent in 2018, the highest rate since before the 2008 global financial crisis. With this growth, the country has been able to attract foreign direct investment (FDI) in virtually all sectors, making it an all-rounder for investors from manufacturing, clean energy, aviation, medicine, and pharmaceuticals to real estate, retail, wholesale, and many other vital sectors. … [Read more...] about American groups make progress across Vietnam
Like other countries hit by the pandemic, Vietnam’s economy has suffered significantly due to the outbreak. Its GDP growth fell to 3.8 per cent in the first quarter of 2020 from 6.8 per cent in the same period a year ago, according to the General Statistics Office. … [Read more...] about HCM City Party chief calls for announcing ‘end’ of Vietnam pandemic, reviving economy