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Friday, October 18, 2024

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Vietnam Economy

Vietnam earns US$6.5 billion in trade surplus from Jan-July

HCMC – Despite the difficulties triggered by the coronavirus pandemic, Vietnam posted US$6.5 billion in trade surplus between January and July, a three-fold increase...

Vietnam restores European businesses’ confidence after Covid-19: EuroCham

HCMC – European business leaders have become more positive about Vietnam’s trade and investment environment as the coronavirus outbreak in the country has been...

HCMC expects 2020 GRDP to expand 5%

HCMC – The HCMC government will take a number of drastic measures to help its 2020 gross regional domestic product (GRDP) grow by 5%...

Fitch Solutions expects Vietnam’s economy to recover later this year

HCMC – As Vietnam appears to have contained Covid-19 domestically, Fitch Solutions expects its economy to recover in the second half of this year...

Ineffective sugarcane farming areas allowed to convert to other crops

CAN THO – The Government has given the green light to converting ineffective sugarcane farming areas and restructuring lossmaking or low-performing sugar mills in...

EU announces import quotas for Vietnam’s farm produce

HCMC – The European Commission (EC) on July 15 publicized import quotas for Vietnam’s rice and some agricultural products and clarified methods of quota...

More stimulus measures needed for growth: PM

HCMC – As Covid-19 has slowed down the local economy, more drastic measures need to be worked out to stimulate manufacturing activities, including plans...

Fitch Ratings says Vietnam outperforms among Asia’s frontier sovereigns

HCMC – According to Fitch Ratings, the American credit rating agency, Vietnam is positioned to stand out among Asia’s frontier and emerging markets this...

Localities heavily dependant on tourism post negative growth: official

HCMC – The coronavirus pandemic has severely affected many provinces and cities nationwide that are heavily dependant on tourism and related services, leaving their...

Vietnam should spur economic growth alongside inflation control: PM

HCMC – Vietnam should enhance efforts to attain a high economic growth this year, alongside ensuring fundementals of the national economy and curbing inflation...

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