Eurozone gdp growth rate

The rating agency also predicted that Việt Nam’s foreign reserves will increase to some US$66 billion by the end of this year from $49 billion in 2017, while the general government debt is likely to decline to below 50 per cent of the gross domestic product (GDP) by 2019. … [Read more...] about Fitch raises rating for Việt Nam

Secondly, it is of utmost imperative to prepare for industrial land with sufficient infrastructure and stable price policy which is suitable for each economic region. To do so, we need to encourage and create more conditions for developing industrial real estate so as to create a more ample industrial land bank with synchronous infrastructure that is ready to welcome overseas funds. … [Read more...] about Promoting a redesigned model for stable growth

Vinh Phuc (VNA) – The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP). According to the provincial People’s Committee, nine out of 20 industrial parks and clusters approved by the Prime Minister have become operational. The locality has had more than 10,500 businesses. In the 2015-2020 period, the average growth of the province’s industrial-construction production value is estimated to reach 12.1 percent per year, nearly doubling the target set at the resolution released at the 16th Party Congress of the province. The sector also makes up more than 65 percent points to the whole economic growth of the province. The added value of the processing-manufacturing sector of the province accounts for 4.5 percent of the added value of the sector in the whole country. Meanwhile, electronic spare parts have been the leading export products of … [Read more...] about Industrial sector helps promote Vinh Phuc economic growth

In late 2019 and early 2020 e-commerce sites conducted intense experiments to develop online shopping. Tiki has TikiLive, Shopee has Shopee Feed, and Sendo has SenLive. The Covid-19 pandemic, which broke out in early 2020, gave a push to e-commerce sites as people stayed home and had higher demand for online entertainment, which was ideal for sites to experiment. … [Read more...] about Online shopping sees record growth, ranked 3rd in region

While growth in Singapore is forecast to contract by 5.7 percent this year because of a severe decline in global trade, signs of a recovery in exports and imports will see it rebound to 6.1 percent in 2021. Heavily export-oriented economies like Singapore and Vietnam will continue to benefit from a stabilisation in trade indicators, shown by recent improvements in exports over the past few months. … [Read more...] about ICAEW: Vietnam is expected to be the only South-East Asian economy to record positive growth this year