Rising market exits highlight need for more policy support to survive COVID-19 08:54 | 24/05/2021
Vietnam is urged to press on with tax reforms while ensuring stability and providing more supporting policies for businesses to help them weather the COVID-19 storm.
More than a year since the COVID-19 pandemic occurred, enterprises and labourers are struggling to survive despite efforts to optimise operations and the supporting policies from the government, ministries, and local authorities.
After the difficulties of 2020, logistics is forecast to continue seeing challenges in 2021. Like others, Bee Logistics is seeking measures to cut costs, thus reducing prices for customers to maintain business activities.
Vietnam faces unexpected risks as global uncertainties continue Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
07/05/2021 15:06 GMT+7
Vietnam’s economy has shown signs of recovery but the world is still reeling in the fight against Covid-19. As such, Vietnam needs to be well prepared for any upheaval.
Vietnam reported a GDP growth rate of 4.48 percent in the first quarter of 2021 compared with the same period last year, the same growth rate as the fourth quarter in 2020.
The World Bank (WB) said though the growth rate was still lower than that in the pre-pandemic period, it still reflects the ongoing recovery of the economy, despite the third Covid resurgence in northern provinces in February.
Vietnamese strategy: overcoming the pandemic, maintaining high economic growth Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
05/05/2021 15:17 GMT+7
Vietnam’s economy is witnessing an impressive rebound and is expected to be among the best recovering economies in the world despite Covid-19 resurgence in neighboring countries.
The newly released 2021 ADO (Asian Development Outlook) Report says Vietnam’s economic growth will see strong recovery this year with a predicted GDP growth rate of 6.7 percent, while the growth rate will be 7 percent next year.
ADB (Asian Development Bank) experts attribute the strong economic recovery to success in controlling the spread of the coronavirus. They also believe that growth will be empowered by the export-oriented manufacturing and processing industry, investment increases, and trade expans
Questions over air titansâ funding plans 11:49 | 04/05/2021
Airlines are looking at new ways to raise funds after a terrible situation for aviation in 2020
According to Pham The Anh, chief economist at the Vietnam Institute for Economic and Policy Research, airlines plan fundraising on the stock market as favourable conditions in the stock market are in reach. This may therefore be a good solution for them to access more financial sources for operations amid the pandemic. However, many experts warn that it will not be easy for air carriers to mobilise tens of trillions of VND in the stock market at this time because their tickers are simply less attractive than others.
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VEPR: Vietnamese economy could grow by 6.3% in 2021
Wed, 28 April 2021
The Vietnamese economy could grow by about 6-6.3 per cent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly Macro-Economic Report.
VEPR’s report said the global economy has shown signs of recovery thanks to the availability of Covid-19 vaccines, but instability remains while growth is uneven among nations and economies.
In the first quarter, Vietnam’s economic growth hit 4.48 per cent thanks to the government’s drastic actions to control the pandemic from the early stages, along with the signing of the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement.