“The economy emerged from the worst of the Covid-19 downturn in the third quarter of 2020, and we think the recovery will remain intact. Vietnam has been one of the best-performing economies globally for the past decade and we expect this to continue,” said Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
Gdp forecast
Gov’t urged to develop legal framework for direct lending for SME development
According to the Ministry of Planning and Investment, since the fund was put into operation more than three years ago, it has helped SMEs enhance their operational effectiveness, increase profits, and create more jobs. Many firms have paid off loans early. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development
Total of 205 traders allowed to export rice
Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Agency of Foreign Trade. Per the list, the Mekong Delta City of Can Tho saw the highest number of licensed rice exporters at 43. Ho Chi Minh City ranked second with 38 eligible rice exporters, followed by the southern provinces of Long An, An Giang and Dong Thap at 25, 20 and 18, respectively. Other localities with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with seven, and Kien Giang and Vinh Long at six. Meanwhile, other localities had only one permitted rice exporter, such as Dak Nong, Tra Vinh, Tay Ninh, Binh Dinh, Binh Duong, Ha Tinh, Nam Dinh and Ninh Binh. Despite a modest decline of 3.5 percent in export volume to 6.15 million tonnes mainly due to the Government's efforts to ensure national food … [Read more...] about Total of 205 traders allowed to export rice
Vietnam posts remarkable economic achievements in 2016-2020 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 Vietnam posts remarkable economic achievements in 2016-2020 period
Russia’s news agency highlights Vietnam’s 35 years of renovation
Concluding the article, he said that from one of the poorest nations in the world, Vietnam has now become an active member of over 70 regional and global organisations and established ties with more than 500 non-governmental organisations. With widespread success over the last 35 years, Vietnam will become a “spotlight” on the world map./. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation