Slow growth in pregnancy

With steady and strong growth, phones and phone parts have surpassed traditional export commodities such as textiles and footwear to become the country’s largest export commodity. Over the past several years, they accounted for approximately 20% of the country’s total exports. … [Read more...] about Vietnam’s phone exports fall 0.4% in 2020

Vientiane (VNA) – Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report. The Asian Development Outlook (ADO) 2020 Update predicts Laos’ GDP to contract by 2.5 percent in 2020, marking its first negative economic growth since 1986-1987. The growth is expected to rebound to 4.5 percent in 2021, suggesting a slow recovery as the pandemic outbreak is said to subside slowly. ADB Country Director for Laos Yasushi Negishi said the COVID-19 outbreak has not only affected the economic growth in 2020 but also hampered the government’s prospect to collect revenues. The Lao government needs to improve macro-fiscal framework and accelerate public finance reform to create more fiscal space to buffer shocks, he stressed. The bank’s report also shows that agriculture would grow at 1.9 percent … [Read more...] about Laos’ GDP forecast to contract by 2.5 percent: ADB

VinFast estimated it sold a total of 29,485 vehicles in 2020, including 18,016 Fadil cars, 6,013 Lux A2.0 cars and 5,456 Lux SA2.0 models. From 2022, VinFast plans to introduce two more gasoline-powered cars and three electric models, expected to account for 30 per cent of the car market share in Viet Nam. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26