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Thursday, December 2, 2021
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Economic recovery

Over 80% of German businesses intend to expand production in Vietnam

HCMC - Up to 83% of German companies in Vietnam said they would continue expanding production in the next 12 months, according to the...

VND800-trillion relief package proposed for economic recovery

HCMC – The Ministry of Planning and Investment has proposed a post-pandemic economic recovery and development program costing some VND800 trillion, 3.5 times higher...

Australia committed to providing Vietnam with 3.7 million more Covid vaccine doses

HCMC – Australian Prime Minister Scott Morrison announced on November 1 that the Australian Government is committed to providing Vietnam with a further 3.7...

Is it fiscal or monetary?

Economic recovery is an urgent task for the time being in Vietnam, which highlights the role of prime importance played by the Government in...

Fast economic recovery rather uncertain

If all barriers are removed, Vietnam’s GDP (gross domestic product) in 2021 may reach 2-2.5% in accordance with the optimistic projection. Otherwise, it is...

Many big foreign firms want to expand production in Vietnam

HCMC – Minister of Foreign Affairs Bui Thanh Son has denied news reports that some large foreign companies had plans to shift production out...

VND30-trillion credit package proposed to build homes for workers

HCMC – The Ministry of Construction has proposed a VND30 trillion credit package for projects to build low-cost homes for workers. According to the ministry,...

Budget revenue projected to beat target despite Covid

HCMC – The State budget revenue this year may reach over VND1.3 quadrillion, some VND22.2 trillion higher than the target, despite the severe impact...

Labor in the new normal

HCMC is gradually returning to normalcy, albeit a “new normal.” The peak of Covid-19 may have been over, and, although hardships and uncertainties are...

World Bank revises down Vietnam’s growth forecast to 2%-2.5%

HCMC – The World Bank has revised its forecast for Vietnam’s gross domestic product (GDP) growth this year to 2%-2.5%, down from 4.8% forecast...

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