Vietnam GDP set to expand by 4.8% in 2021: WB
The acceleration of the vaccine rollout should help Vietnam’s economy to return to its pre-pandemic growth level next year.
The acceleration of the vaccine rollout should help Vietnam’s economy to return to its pre-pandemic growth level next year.
Vietnam’s economy could take a few positives out of the pandemic and stay competitive in the long run.
The government has set up an FDI task force to support multinationals and foreign businesses grasping investment opportunities in Vietnam.
The biggest challenge for Vietnam’s economy in 2021 is whether the country could deal with another resurgence of Covid-19 outbreak.
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.
Trading activities were among the highlights of the economy in 2020 with an all-time high trade surplus of US$19.1 billion and contributed to a positive economic growth of 2.91%.
Such a deal would ensure a more comprehensive bilateral cooperation in various spheres, especially economy and trade, stated the Spokesperson of Vietnam’s Ministry of Foreign Affairs Le Thi Thu Hang.
Mass support for the business community, including too ailing businesses, could lead to unnecessary debt burden for the economy.
Despite disruption caused by the Covid-19 pandemic, the Vietnam – Japan relations have become even stronger.
Industry and trade are two major pillars for the development of Vietnam’s economy in general, and that of Hanoi in particular, stated Hanoi’s Party chief Vuong Dinh Hue.