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Vietnam’s growth outlook to depend on authorities’ response to new outbreak: WB

Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).

Clear orientations for sci-tech arena

Vietnam has been working on new orientations for the country’s sci-tech market for the next five years, in order to create competitiveness and encourage use of exchange platforms, among other things. Tran Van Tung, Deputy Minister of Science and Technology, talked with VIR’s Bich Thuy about what has been achieved thus far, and what is just around the corner.

10 hallmarks for the industry and trade sector in 2020

The regional and global economy underwent swift and complex proceedings in 2020 due to the critical impacts of COVID-19. Leveraging the drastic and clear-sighted leadership of the Party and the government, Vietnam steered through turbulent times and secured major achievements in a year deemed as the most successful in the country’s socioeconomic development plan for the 2016-2020 period.

Asia’s newest manufacturing centre

Vietnam is set to become the next manufacturing hub in Asia, beating its regional competitors as its economy managed to grow 2.9 per cent in 2020 and is forecast to grow 6.5-7 per cent in 2021.

Vietnam receives foreign cargo ships on first day of Lunar New Year

Vietnam welcomed two foreign commercial vessels, STARSHIP URSA of Marshall Island and CMA CGM J. ADAMS of Malta, to ports in Ho Chi Minh City and the southern province of Ba Ria – Vung Tau on February 12, which fall on the first day of the Lunar New Year, according to the Vietnam Maritime Administration (VINAMARINE).

The capacity to change amid crisis

Faced with the COVID-19 crisis, Vietnam has demonstrated a high capacity to change, which goes a long way to explaining why it has managed the pandemic and its economic consequences with overall success to date.

Vietnam leaps on carbon credit craze

Once a policy to apply forest environmental and CO2 indicators is officially approved, Vietnam may participate more actively in the sale and purchase of carbon credits for both enterprises and localities.

Enacting long-term reforms for strong economic recovery

As the global economy is still mostly struggling with the health crisis, the start in 2021 is overshadowed by the hurdles of the previous year. Nevertheless, Vietnam may regain traction in economic growth.

Thai investors eye more investment opportunities in Vietnam

Vietnam is still a destination for foreign investment, including Thailand because it is a large and growing market, Tanee Sangrat, Director General of the Department of Information and Spokesman of the Foreign Ministry of Thailand, has said.

UNDP vows to accompany Vietnam in development process

Resident Representative of the UN Development Programme (UNDP) in Vietnam Caitlin Wiesen promised to closely coordinate with and contribute to the building and implementation of socio-economic development strategies and plans of Vietnam in a recent interview with the Vietnam News Agency (VNA).

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