In the economic outlook for the second quarter entitled “Darkest before the dawn”, the bank said the manufacturing sector, which accounts for one-third of the country’s GDP, is expected to grow only 3 percent this year compared to 11 percent in 2019. … [Read more...] about Standard Chartered Bank: Vietnam’s 2020 economic growth to fall to 3.3 pct.
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Development of an LNG power plant in the Chan May-Lang Co EZ will likely generate positive economic impacts in a variety of ways on the local economy from the construction to the operational phase. A project of this nature and scale generally increases local GDP by 7-15 per cent during construction and 5-7 per cent during operations, according to experts. This increase in GDP over the life of the project will have significant benefits to families, local businesses, and the ability of the province to meet master plan objectives. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
The head of the left-wing Dominica Liberation Movement Alliance’s foreign department affirmed that the collective power in terms of humans and organisation together with the socio-political vision of the CPV and the Vietnamese Government, as well as scientific, medical and technical preparations have enabled Vietnam to control the impacts of the epidemic. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 22
Hanoi (VNA) – The Japanese Embassy in Vietnam, on behalf of the Japanese Government, Ministry of Defence and relevant agencies, on July 6 expressed gratitude to Vietnam for its assistance in repairing and refueling a P-3C plane from the Japan Maritime Self-Defence Force in the past two months. The Japan Joint Staff (JJS) of the Japan Self-Defence Forces on July 3 also thanked the Vietnamese Government for helping the anti-submarine patrol aircraft. "We sincerely appreciate your kindness to offer help when we were facing difficulties. We will never forget our strong ties. Thank you, Vietnam," the JJS said in a Twitter video. The aircraft, with 19 crew members, was on its way home following an anti-piracy mission in the Gulf of Aden in the Middle East and in need of refueling to help complete its 10,000km journey. While no country let them enter due to the COVID-19 pandemic, Vietnam had agreed to receive the P-3C at Tan Son Nhat International Airport in Ho Chi Minh City for … [Read more...] about Japan thanks Vietnam for assisting military aircraft in trouble
They include letting people work and study from home, closing its borders, stopping visa issuance, closing down non-essential businesses, and, recently, a nationwide social distancing campaign that required people to stay at home and not more than two people congregating in public. … [Read more...] about Experts credit Vietnam’s effective Covid-19 fight to strong, early response