Hanoi (VNA) - Bloomberg newspaper said on June 29 that Vietnam’s economy unexpectedly grew in the second quarter despite the impact of COVID-19. It cited data from the General Statistics Office (GSO) as saying that GDP rose 0.36 percent year-on-year compared to a revised 3.68 percent in the first quarter. The median estimate in a Bloomberg survey of economists was for GDP to shrink 0.9 percent. On a six-month calculation, GDP grew 1.81 percent, making Vietnam one of the best performers in Southeast Asia. Exports fell 2 percent in June compared to a year earlier, while imports climbed 5.3 percent. The CPI rose 3.17 percent year-on-year in June and 2.4 percent month-on-month. The government aims to cap average inflation at 4 percent this year. The article said Vietnam’s export-reliant economy is taking a knock as the virus disrupts global supply chains and dampens demand, and added that Prime Minister Nguyen Xuan Phuc had forecast in May that the economy could post … [Read more...] about Bloomberg: Vietnam’s economy grows unexpectedly in Q2
Vietnam best resorts
Exploring Ba Be Lake at the Ba Be National Park in Ba Be District, Bac Kan Province by kayak will allow visitors to get up close to different species of wildlife, pass through lush forests, skirt karst mountains and slip inside small caves, all in an eco-friendly manner. VNS … [Read more...] about Explore Vietnam’s beautiful sites by kayak
Tourists should not miss the chance to swim in a rock pool in Bai Nho, also known as Small Beach, Ganh Hang on Phu Quy island in the south central province of Binh Thuan. It serves as an ideal destination for summer vacations where tourists can enjoy fresh air amid a peaceful atmosphere. (Photo: sakura_mint18) … [Read more...] about A close look at the stunning natural rock pools of Vietnam
A worker operates a yarn processing line at Best Pacific Vietnam Co. Ltd at the Vietnam-Singapore Industrial Park (VSIP) in the northern province of Hai Duong. (Source: VNA) Vietnam has now integrated more deeply into the global economy thanks to the strong development of its manufacturing sector, said economist Chidu Narayanan at Standard Chartered Bank. The country has one of the most open economies in Asia, with a trade-to-GDP ratio surging to 300 percent, so it heavily depends on global demand, he explained. … [Read more...] about Standard Chartered Bank: Vietnam’s 2020 economic growth to fall to 3.3 pct.
The luxury condominium development project, The River, will embody all the guiding principles of Thu Thiem’s overall development. Staying faithful to the Sasaki plan, the design team at City Garden, the developer of The River, will emphasize a close relationship with water. The project will be at Saigon River’s edge. Residents will enjoy four hectares of parkland and 100 meters of a river walk, as well as an unobstructed, stunning view of District 1. A 50-meter lap pool is at the center of the project. With the addition of such facilities as a yoga center, kids’ pool, cigar lounge, golf simulator, and outdoor cafe, residents can enjoy a lifestyle equal to that of a resort. The project comprises three towers ranging from 12 to 18 floors, which are named after three great rivers – the Seine, the Thames, and the Hudson. There will only be 525 units, resulting in low density and a way of life defined by tranquility and relative privacy. … [Read more...] about The city of tomorrow in Saigon