Historical gdp growth

The industries that will be restructured include finance, banking, logistics and transportation, information technology and communications, science and technology, education and training, healthcare, and tourism. The project aims to strengthen the export of services, reduce the deficit of the balance of the import-export of services, gain a surplus in the balance of the import-export of services, and serve the process of industrialization and modernization of the country. The growth rate of the service sector is set to reach 6.6-7.1 percent during the period from 2016 to 2020, and around 7-7.5 percent during the period from 2021 to 2025, according to the project. The proportion of the service sector in the gross domestic product (GDP) will be at around 43-44 percent by 2025. As for the finance and banking sector, by 2025, at least two to three commercial banks will be among the top 100 largest banks in Asia in terms of the total asset. By 2025, information technology will become the … [Read more...] about Proportion of service sector in GDP to be at about 44 percent by 2025

An art installation on a street running along the Hong (Red) River in Hanoi, Vietnam. Photo: Nam Tran / Tuoi Tre An art installation on a street running along the Hong (Red) River in Hanoi, Vietnam. Photo: Nam Tran / Tuoi Tre An art installation on a street running along the Hong (Red) River in Hanoi, Vietnam. Photo: Nam Tran / Tuoi Tre An art installation on a street running along the Hong (Red) River in Hanoi, Vietnam. Photo: Nam Tran / Tuoi Tre Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! … [Read more...] about A walk to relive Hanoi’s history in landfill-turned-art space

Bangkok (VNA) – The acute respiratory disease caused by a novel coronavirus (COVID-19) may subside in the second half of 2020 or earlier, Thailand’s Minister of Tourism and Sports Pipat Ratchakitprakan said on February 23, expecting that the country’s tourism would recover after its Songkran New Year festival. Speaking at an event in Phatthalung province, Pipat stated that the disease has had serious impact on Thailand. "Although the virus has caused damage to the tourism industry in the first half of the year, I am confident the situation will return to normal in the second half or after the Songkran Festival, when China will likely produce a vaccine against it," he added. According to him, when the summer comes, coronavirus will not be able to withstand the heat and the situation in many countries, including Thailand, will improve. He shared that the government is preparing to introduce financial measures to help disease-affected businesses. Thailand served … [Read more...] about Thailand expects tourism to recover after new year festival

Thirdly, they still believed that Vietnam’s beer consumption will continue to grow, albeit at a slower rate because it will simply take time for the Vietnamese to reduce their consumption habits. Even at such an early stage, businesses have already come up with ways to mitigate the effects of the new anti-drunk driving laws. … [Read more...] about New rules put brakes on alcohol sector

I have been in Vietnam for three weeks. I feel sad that I have to leave tomorrow because Vietnam is great. The services I have received have been superb. I was excited before coming to Vietnam, even it has been during this outbreak, but this country is still so charming that I was not at all worried of the virus. We didn’t think and talk about it. We are just on holiday and we will sure tell other groups to be carefree to come to Vietnam. There’s barely any risk here. Just buy the tickets, and enjoy. … [Read more...] about Safety first as tourism gets on the front foot