Hanoi (VNA) - Vietnam’s 2021 GDP growth is projected at 5.49 percent in the normal scenario, 6.9 percent if the current situation gets better, and 3.48 percent in the worst-case scenario, according to the Vietnam Institute of Economics under the Vietnam Academy of Social Sciences (VASS). The real growth rate will depend on the world economic situation and the capacity to absorb FDI, the “Vietnam Economic Overview 2020: Promoting innovation-based economic growth” conference held by the institute on January 19 heard. VASS President Bui Nhat Quang said the COVID-19 pandemic strongly affected economic growth around the world in 2020, with most major economies posting contractions. Vietnam, however, achieved the twin targets of disease prevention and socio-economic recovery and development. It posted economic growth of 2.91 percent, the lowest since 1986, when its “renewal” process began, but higher than the figure posted in many other countries in the … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute
Leatherback recovery strategy
Draft amendments to e-commerce activities law discussed
Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary. … [Read more...] about Draft amendments to e-commerce activities law discussed
New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
However, with efforts to control the pandemic throughout the year, the retail market in Viet Nam regained its momentum, through the openings of two retail projects in Q4, namely the International Centre (renovated) and Vincom Mega Mall Ocean Park, adding 41,000 sq.m to Ha Noi’s retail supply. … [Read more...] about New supply of condominiums down sharply in Ha Noi: CBRE Vietnam
Ministry of Natural Resources and Environment announces top 10 events
The sector surpassed target set for the provision of tier-4 online public services. It also connected to the national public service portal as well as to the information centres of the Government and Prime Minister, among others. 4. Vietnam completed updating of National Determined Contribution (NDC). Despite COVID-19 and a scarcity of resources, the country was among only a few to complete this task, making a commitment to increasing its contributions to climate change response. 5. Vietnam established a national steering committee to implement its strategy for sustainable maritime economic development by 2030 with a vision towards 2045. Quy Nhon beach (Photo: VNA) … [Read more...] about Ministry of Natural Resources and Environment announces top 10 events
ASEAN senior officials discuss preparations for AMM Retreat
Hanoi (VNA) – Senior officials of ASEAN member countries met online on January 19 to discuss preparations for the upcoming ASEAN Foreign Ministers’ Retreat (AMMR) that is slated for January 21. Speaking at the event, the head of SOM ASEAN of Brunei said that with the ASEAN 2021’s theme of “We Care, We Prepare, We Prosper,” Brunei hopes to build on the achievements that the association gained in 2020, with focus on the people and sustainable development, building a regional architecture ruled by law, upholding multilateralism and supporting an open multilateral trade system. Participants exchanged their ideas on work that need to be done since after the 37th ASEAN Summit and related meeting, including a mid-term report on the implementation of the ASEAN Political-Security Community (APSC) Blueprint and the strengthening of inter-pillar and inter-sectoral coordination towards the building of the Post-2025 ASEAN Community Vision. They … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat