Transforming our world the 2030 agenda for sustainable development

To improve the fund’s effectiveness, UNDP Resident Representative in Vietnam Caitlin Wiesen stressed the need to have a better understanding of the financial ecosystem for SMEs in Vietnam and a strategic role for a new lending channel to boost existing domestic funding. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

Overall, the city’s taxman in 2020 collected VND123 billion in income taxes from ecommerce activities on popular online platforms including Google, Facebook and YouTube, up fivefold compared to the 2019 figure. Most of the ecommerce taxpayers were individuals, Son said. … [Read more...] about Hanoian girl pays over VND23 billion in income taxes on app development

According to a report released on December 27 by the General Statistics Office, Vietnam’s GDP grew 2.91% in 2020 compared to 2019, which puts it in the group of countries with the highest growth worldwide. The result was attributed to the Party and Government’s determination and consistency in realising the twin targets of both containing the pandemic and developing the economy. … [Read more...] about Vietnam – Land of bliss

From 1993-2017, the mortality rate among newborns in Vietnam fell from 32.6 to 16.7 per 1,000 live births. Meanwhile, from 1990-2016, average life expectancy rose from 70.5 to 76.3 - the highest in the region. Over the last 35 years, the health of the Vietnamese people has improved significantly. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation

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 Vietnam posts remarkable economic achievements in 2016-2020 period