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Investors are pinning their hopes on different investment channels this year despite the many difficulties and risks brought about by COVID-19, analysts have said.
Investors are pinning their hopes on different
Hanoi (VNA) - Investors are pinning their hopes on different investment channels this year despite the many
COVID-19, analysts have said.
Vietnam’s rate of
apartment floor space per person is among the lowest in Southeast Asia but it has a higher population density than Thailand and Malaysia. The property sector therefore has huge room for growth, according to analysts at Mirae Asset Vietnam.
The Viet Dragon Securities Corporation (VDSC), meanwhile, said that given the Government’s attention to the enhancement of public investment, especially in infrastructure, various transportation projects will be pushed ahead this year, creating momentum for the development of the real estate sector.
Vietnamese ports on pace to post banner year
Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.
The country enjoyed robust trade last year despite COVID-19, with high export value on the back of orders from the US.
Total foreign trade was estimated at 543.9 billion USD, a year-on-year increase of 5.1 percent, with the country posting a trade surplus of 19.1 billion USD, its highest since 2016.
According to the Viet Dragon Securities Corporation, the volume of goods handled at local ports picked up after the second quarter last year, with the pandemic encouraging many multinational corporations (MNCs) to shift production to Vietnam. It said this trend will continue as Vietnam integrates more deeply via free trade agreements (FTAs).
VIETNAM NEWS DECEMBER 27
27/12/2020 09:45 GMT+7
Hanoi expands the pedestrian street space
The weekend walking space will be enlarged for community activities, fostering trade, services, tourism and cultural exchange.
According to the Steering Committee of Hoan Kiem pedestrian space, the weekend walking space around Hoan Kiem Lake will be enlarged to the south, connecting some streets in Hanoi’s Old Quarter area to Hoan Kiem Lake.
The weekend pedestrian space including Hanoi’s Old Quarter, the area around Hoan Kiem lake and its vicinity has been opened since 2004. It was initially aimed at encouraging people to walk instead of gluing themselves to the motorbike seat, as well as creating spaces for community activities, fostering trade, services, tourism and cultural exchange.