Regardless, domestic consumption will not likely on its own return Vietnam anywhere close to its pre-COVID-19 growth trajectory. Its short-term outlook is therefore closely tied to the global economy’s ability to restart and for the rest of the world’s consumption to return. Most international agencies expect that to begin happening later this year and accelerate the next, with the Asian Development Bank, World Bank and International Monetary Fund all releasing forecasts at the end of the first quarter predicting Vietnam’s GDP growth to reach from 6.8% to 7% in 2021. … [Read more...] about Emerging from the pandemic, Vietnam must position itself for recovery
Shippers keep a safe physical distance while waiting at a food stall in HCMC – PHOTO: THANH HOA HCMC - The recovery of a 43-year-old British pilot, Vietnam’s last Covid-19 patient in intensive care, marks a turning point in the fight against the virus. The 91st Covid-19 patient in the country has spent over 100 days at HCMC Hospital for Tropical Diseases and Cho Ray Hospital. The length of his stay reflects the determination of doctors not to allow him to become Vietnam’s first Covid-19 death. He’ll be headed home on July 12. … [Read more...] about How did Vietnam dodge Covid-19?
In addition, several of Apple’s manufacturing suppliers, including Wistron Corp., Pegatron, and Inventec, also indicated their plans to diversify production and consider additional manufacturing plants in Vietnam. Most recently, Luxshare Precision Industry, assembler of Apple’s AirPods in Vietnam, began to look for thousands of new workers. Google and Microsoft also expressed intentions to produce Made-in-Vietnam devices within the year, as reported by Nikkei Asian Review. … [Read more...] about American groups make progress across Vietnam
The two states set up the office after talks between North Korean leader Kim Jong-un and his counterpart from the South, President Moon-Jae-in. BBC … [Read more...] about North Korea ‘blows up joint liaison office’ with South
The company plans to build a shoptel area providing commercial houses for accommodation. The hotel area would have high-end apartments managed by the US Wyndham Hotel Group. In addition, the project would also have villas, an entertainment area and trade centre, restaurants, bars and parking lots. … [Read more...] about Hà Tĩnh eyes $43 million resort project