Vietnam GDP set to rebound to 6.8% in 2021: WB
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
The South-East Asia Pandemic Response and Preparedness program, executed in 42 months, is part of the EU's €350 million solidarity response to support ASEAN nations in tackling the Covid-19 pandemic.
The money flow is expected to help the market moving to the 1,070-1,085-resistance zone for a short correction phase, but will continue to maintain its positive uptrend by the weekend.
The Vietnamese stock market can surprise investors with a “big year” returns during the 2020-24 period.
The OCOP program, with a view to honoring prominent craft villages’ goods and products, has been identified by Hanoi’s authorities as one of the solutions to boost domestic consumption.
There has been a growing number of Indonesian investors coming to Vietnam, especially in the field of digital economy.
With the current minimum wage of US$132-190 per month, Vietnam has been listed in the top three ASEAN countries having the lowest labor cost.
Changes in these laws make it easier for market entry and create favorable conditions for enterprises doing businesses, which is expected to facilitate more investment and business activities in Vietnam.
The Ministry of Finance is planning to further support the business community, including the extension of the validity period for existing support programs already in place.
Vietnam continues to be among the world’s most attractive emerging economies, the HSBC Vietnam CEO Tim Evans has said.