Shoppers anticipate great bargain in Hanoi's upcomign Black Friday 2020 event
This year’s Black Friday is set to run from November 27 to 30, with sales promotions being offered for a variety of consumer products.
This year’s Black Friday is set to run from November 27 to 30, with sales promotions being offered for a variety of consumer products.
In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year.
Vietnam is capable of repaying debts, as the annual debt repayment accounts for 15 – 16% of total state budget, below the ceiling limit and international practice of 25%.
HSBC expected Vietnam’s economic outlook to remain positive and GDP to grow 6.6% in 2020.
Except for emergencies such as natural disasters or fire accidents, addressing business concerns should be at a top priority list of government leaders, said Prime Minister Nguyen Xuan Phuc.
In 2020, Hanoi targets GRDP growth of at least 7.5%.
According to Vietnamese traditional custom, the first foreign visitor to Hanoi is considered the first-foot, who brings luck and expectation of a smooth start for the new year.
In 2019, for the first time Vietnam’s trade turnover exceeded the US$500-billion mark to reach nearly US$517 billion, of which exports stood at US$263.5 billion, up 8% year-on-year.
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.
Countdown Party is considered the greatest “music feast” of the year featuring many renowned artists and dancers.