Did 911 affect economy

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

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

Ly Dai Hung from the institute’s Macro-economy and Economic Institution Division said that the world situation is showing positive signs, as COVID-19 vaccines have begun to be introduced in countries such as India, Indonesia, and Switzerland and will be expanded to others throughout the year. The world economy will warm up along with the implementation of various economic support packages, thus promoting Vietnam’s trade and investment activities, he said. Delegates from research institutes discussed measures at the conference to boost post-pandemic economic growth based on innovation and digital transformation. They stressed the importance of renewing policies and institutions to encourage the engagement of the private sector in the process. It is also necessary to quickly carry out a digital transformation strategy in line with new economic stimulus packages, they added./. … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute

The committee is an interdisciplinary agency that advises the Prime Minister on studying, directing, and resolving important and interdisciplinary tasks related to the sustainable development of Vietnam’s marine economy. 6. The Dak Nong Geopark in the Central Highlands province of the same name became a member of the UNESCO Global Geoparks Network, while the Thai Thuy and Tam Giang - Cau Hai wetland nature reserves were established in the northern province of Thai Binh and the central province of Thua Thien Hue, respectively. The Dak Nong Geopark covers more than 4,760 sq.km of land in six of the eight district-level localities in Dak Nong province. It is home to 118 heritage and geomorphological sites and nearly 50 caves with a total length of over 10,000 metres. The Dak Nong Geopark (Source: VNA) … [Read more...] about Ministry of Natural Resources and Environment announces top 10 events

The report also said in 2020, the retail sector was one of the sectors most affected by the COVID-19 pandemic. Viet Nam’s total sales and service consumption in the 2020 only grew by 2.6 per cent, much lower than the increase of 11.8 per cent in 2019. … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam