Vietnam GDP growth predicted to hit 6.2% in 2021: CIEM
A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.
A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.
The result remained positive at a time when the Covid-19 crisis led to a 35% contraction in global FDI flows to US$1 trillion, the lowest level since 2005.
The cut, which begins from this month to late 2021, will depend on each bank’s financial situation.
Once Vietnam is able to contain Covid-19, the country would regain its growth momentum quickly, stated the HSBC.
Coronavirus-themed murals not only adorn a street in Hanoi but also showcase Hanoi people’s determination to defeat Covid-19 pandemic.
Moderna’s Covid-19 vaccine is the fifth coronavirus vaccine approved in Vietnam.
The resumption of production activities will be organized on the principle of ensuring production and Covid-19 prevention and control.
A 0% deposit rate amid a high inflation rate would turn people away from banks and look for other investment channels such as real estate, securities, or gold with higher risks, stated an expert.
Vietnam said vaccination is one of the measures to enable it to move towards an inclusive post-pandemic recovery.
The move will help ensure the effective utilization of the Agreement on Singapore-Vietnam Economic Connectivity.