The mouthpiece of the Ministry of Industry and Trade. However, the tourism sector remained downtrodden due to the border closure. Vietnam, China co-chair 18th East Asia Forum Vietnam Plus 22:02 10-Dec-20. The government has also helped cushion the economic blow by pouring money into infrastructure projects such as roads and bridges, said Thanh. It climbed nine places from last year to 33rd in the list of the world’s 100 most valuable brands compiled by Brand Finance, a U.K. consultancy. icon 1 minutes ago 0. icon. Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the … Vietnam… How a girl's fairy house sparked a magical friendship. HANOI, Nov 20 ― Vietnam is shaping up as Southeast Asia's single economic success story in the coronavirus era, maintaining steady positive growth as other economies struggle to recover, reported Vietnam News Agency (VNA) citing Nikkei Asia report yesterday. 13 October; 2 min read; Vietnam Economy News Hà Nội Gift Show to feature 400 pavilions. 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Vietnam’s rapidly growing pharmaceutical industry has been a magnet for foreign firms. Vietnam recorded decade-low GDP growth of 1.8% in the first half of this year, and expansion is forecast at … A strong response to the coronavirus pandemic, surging exports and healthy public spending have helped Vietnam buck a … .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. Consumer prices fell 0.01% in November over the previous month, contrasting October's 0.09% rise. EU urges its members to lift UK travel bans, France bans use of drones to police Paris protests, Can pregnant women receive the vaccine? The economy of Vietnam is a socialist-oriented market economy, which is the 36th-largest in the world as measured by nominal gross domestic product (GDP) and 23rd-largest in the world as measured by purchasing power parity (PPP). Realty sector suffers losses in nine months. Rice exporters have … About half of all businesses in Vietnam have downsized because of COVID-19, according to a survey by the Private Economic Development Research Board, as cited by domestic news … 1. A 2018 report by Google and Singaporean investment company Temasek described Vietnam's digital economy -- which is growing at more than 40% a year -- … VIETNAM BUSINESS NEWS OCTOBER 14; VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13; Vietnam to post economic growth of 6.6 pct in 2019: WB; Vietnam’s economy maintains positive outlook have 234 words, post on ven.vn at August 30, 2020. 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Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region, such as Thailand, where the IMF predicts the economy to slump by 7.1 per cent this year. Gross domestic product (GDP) in the third quarter of 2020 is estimated to increase by 2.62% over the same period last year, which is the lowest increase between 2011 and 2020. The IMF is predicting a strong economic recovery in 2021, with growth projected to strengthen to 6.5% “as normalisation of domestic and foreign economic activity continues.”. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region such as Thailand, where the IMF predicts the economy to slump by 7.1 per cent this year. This is cached page on VietNam Breaking News. Vietnam’s GDP will grow by 2.8 and 7.1 percent in 2020 and 2021, United Overseas Bank has forecast. Still, Vietnam's economy is less exposed than other tourism-dependent countries in the region such as Thailand, where the IMF predicts the economy to slump by 7.1 per cent this year. Vietnam Economic News. Sports. Vietnam Economy. The report says that Vietnam’s economy will grow 3% this year while the global economy … A number of factors have cushioned the blow, according to Michael Kokalari, chief economist for Vinacapital, a Vietnam-focused investment company. Woman in Da Nang runs shelter for homeless dogs and cats. Vietnamese experts' estimates are below those of several international organizations. Business Economy Industries Companies DataSpeaks. The industry is set to record double-digit growth in the 2020-2025 period and is set to reach a value of $7.7 billion next year, according to a report by brokerage Yuanta Vietnam. About half of all businesses in Vietnam have downsized because of COVID-19, according to a survey by the Private Economic Development Research Board, as cited by domestic news … November 17, 2020. 13 October; 1 min read; 6; view. Travel Places Food. Sports. Many multinationals have started operating in Vietnam, including global technology leaders like Apple and Samsung. Vietnam economy is Asia's shining star during Covid The South East Asian nation has benefited from the working from home electronics boom … Perspectives . Vietnam: Industrial output records quickest growth since February in November. 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