Growth spurts at 6 months

Hương attributed the positive results to the government’s swift response to the resurgence of the pandemic, by implementing bold measures to contain it. To date all coronavirus outbreaks in localities have been brought under control, and the government has been working towards a dual goal of pandemic prevention and economic recovery. … [Read more...] about Việt Nam’s nine-month economic growth lowest in 10 years

“We saw an improvement in the global investment sentiment, but uncertainty over the trajectory of the Covid-19 pandemic still weighs on the region’s economic outlook,” said ADB Chief Economist Yasuyuki Sawada. “The region’s large and growing local currency bond markets can help finance a sustainable and inclusive post-Covid-19 recovery.”  … [Read more...] about Vietnam bond market posts strongest growth among emerging East Asia in 9 months

Marketing director of Pico Nguyen Quang Duc said Pico worked with suppliers to launch promotions for electronic products and home appliances from 25-50 per cent. Additional discounts of 5 or 10 ten per cent would be given to customers who pay via the VNPAY or BIDV banking apps, respectively. … [Read more...] about Product quality focus during Ha Noi promotion month

The efforts of local producers have reaped positive results as the export value of timber and non-timber products in August topped $1 billion. In the first 10 months of the year, wood product exports reached $9.6 billion, up 12.4 per cent from the same period last year. … [Read more...] about Vietnam wood industry regains growth momentum

Hanoi (VNA) - The northern province of Quang Ninh is intensifying efforts to meet its socio-economic targets and keep its gross regional domestic product (GRDP) growth in the double digits this year. It posted GRDP growth of 6.5 percent in the first nine months despite the economic fallout from COVID-19. But the figure is still down some 3.5 percent compared to the plan and is 5 percent lower than in the same period last year. To achieve double-digit growth this year and create momentum for the first year of implementing the resolution from the province’s 15th Party Congress and also economic recovery plans in 2021, Quang Ninh must post year-on-year GRDP growth of 19 percent - the highest ever - during the final quarter of 2020.  It will be a challenging task for the coastal province, which depends significantly on tourism but has experienced a sharp decline in foreign tourist arrivals. Keeping in mind Decision No 01-KL/TU from the provincial Party Committee on key tasks … [Read more...] about Quang Ninh redoubling efforts to maintain double-digit GRDP growth