Target exports

As many as 430 out of 439 legislators voted in favor of a Resolution on the government-initiated socioeconomic development plan which calls for efficient implementation of measures to prevent and control the Covid-19 pandemic and foster recovery and development on the basis of macro-economic stability, inflation control, and promoting economic restructuring, improving labor capacity and resilience and competitiveness of the economy, and advancing the development of the domestic market. Loc Dung … [Read more...] about Legislature approves 6 percent GDP growth target for 2021

Dang Hung Vo, former Deputy Minister of Natural Resources and the Environment, acknowledged that the trend of investing in real estate projects in satellite cities and provinces is a given. “Once inner-city land funds become unavailable, it is inevitable that real estate developers move to the surrounding areas. As for end-users, when infrastructure develops and roads are convenient, living in neighbouring urban areas is a very good choice,” Vo said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period