Asia

For the latest updates on Vietnam, be sure to check out The Hanoi Times.

Vietnam is committed to stepping up efforts against climate change and transition towards a green economy, Prime Minister Pham Minh Chinh has said.

Vietnam has played a key role in ensuring the success of this year’s event.

The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.

Member countries of ASEM must show greater determination with drastic action and choose the right path, said Vietnam’s Minister of Foreign Affairs Bui Thanh Son.

Vietnam is calling for investment from African enterprises as the country is the gateway to Asian market, especially ASEAN with 650 million customers.

As uncertainties has led to HSBC revising down Vietnam’s GDP growth forecast in 2021 to 6.6%, the bank expected a strong rebound to 8.5% next year.

In the next five years, Hanoi is set to have an e-government in place that serves as the foundation towards the establishment of a digital government.

The average monthly cost of broadband Internet in Vietnam was US$12.4, much cheaper than in Indonesia, Malaysia and the Philippines.

With this performance, Vietnam has delivered one of the highest growth (rates) in a year where the rest of the world were in deep recessions.