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
Delek logistics investor relations
VIMC strives to become regional brand name
As a leading business in the domestic maritime sector, VIMC currently holds capital at 19 subsidiaries and 16 affiliated companies. It also owns the stocks of 16 seaport companies and manages more than 13,000m of wharfs. These account for nearly 30 percent of the nationwide wharf length and are able to serve the transportation of more than 150 million tonnes of cargo, equivalent to over 20 percent of cargo transported via all wharfs nationwide. These include major ports, such as Hai Phong, Saigon, Da Nang and Quy Nhon. … [Read more...] about VIMC strives to become regional brand name
Việt Nam posts remarkable economic achievements in 2016-20 period
The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period
Viet Nam posts remarkable economic achievements in 2016-20 period
Viet Nam’s GDP size last year increased by about 1.4 times compared to 2015. The country completed the national target programme on new-style rural area building nearly 2 years ahead of the roadmap, with about 63 per cent of communes nationwide meeting the programme’s standard by the end of 2020, against the set target of 50 per cent. … [Read more...] about Viet Nam posts remarkable economic achievements in 2016-20 period