Kctc vietnam

Vietnam’s economic outlook over the medium and long term remains positive. Vietnam’s participation in a large number of bilateral and multilateral trade agreements will help the country’s economy rebound. Vietnam will also likely benefit from the current shifting of supply chains to low-cost countries. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report

Hanoi (VNA) – Vietnam has emerged as an attractive foreign direct investment (FDI) destination in Asia, by beating China and India, a report by The Economist Intelligence Unit (EIU) has indicated. The Southeast Asian nation has become a new hub for low-cost manufacturing in Asian supply chains, the website eurasiantimes.com on January 14 quoted the report. The report suggests that factors that make Vietnam better than its peers are the incentives for international firms for setting up units to manufacture hi-tech products, the pool of low-cost workers, and the proliferation of free trade agreements. It also cited Ruchir Sharma, an emerging markets strategist at Morgan Stanley, as saying that Vietnam’s FDI has averaged more than 6 percent of GDP, which is the highest ratio in any emerging country. In addition, the ever-changing policies as per the market demand, the vigorous changes in the business and investment climate, socio-political stability and population … [Read more...] about Vietnam emerges as attractive Asian destination for investors: The Economist

VEC is designed with the purpose of recruiting Vietnamese representatives to compete in international arenas. Teams will have to register online at the tournament's official website and compete in city and provincial qualifiers before heading to regional and national events. UEC will be open to semi-professional players. … [Read more...] about Vietnam to host annual national esports contests

But it also warned of risks that could hamper growth, like the unpredictable global economic situation as the pandemic situation remains severe in many countries and possible anti-dumping and countervailing investigations by the U.S. and other countries. … [Read more...] about Think tank forecasts 6.46 percent growth for Vietnam

“As the development of the pandemic on the world remains unpredictable, it is hard to establish a business plan for Vietnam Airlines. Without it, we can’t assess the value of the company. Only when Vietnam Airlines returns on international routes can its business operation recover,’ Thanh remarked. … [Read more...] about Vietnam Airlines receives multimillion-dollar bailout package as state investment