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Vietnam construction sector forecast to grow over 7% over next decade: Fitch

The Hanoitimes – FDI will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average of above 7% over the next decade, supported by strong macroeconomic conditions and favorable demographic […]

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Philippines secures rice from Vietnam

MANILA, Philippines — The Philippines has secured enough rice supply as Vietnam, its biggest source of imports, has resumed its export policy amid the coronavirus disease 2019 or COVID-19 pandemic. In a letter to the Philippine government, Vietnam Industry and Trade Minister Tran Tuan Anh assured the country of the delivery of 400,000 metric tons […]

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Vietnam’s economic recovery predicted much faster than regional peers

The Hanoitimes – Vietnam would be among a handful of nations maintaining positive economic growth this year, according to a World Bank expert. Vietnam’s highly effective Covid-19 countermeasures would help the country’s economy recover from the pandemic much faster than regional peers, according to David Hutt, a journalist specializing in Southeast Asian politics. During the outbreak […]

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Vietnam ready for post-COVID-19 development stage

Vietnam is easing social distancing restrictions, seeking ways to live safely with the epidemic, and beginning to restore production and business to revive economic growth. The government, agencies, and localities are cautiously gearing up measures to help businesses overcome problems caused by the COVID-19 epidemic as the whole country is adapting to a new “normal”. […]

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Effective anti-Covid-19 measures build up foreign business confidence in Vietnam

The Hanoitimes – Vietnam is currently a front-runner in the Covid-19 fight, said Nicolas Audier, chairman of the European Chamber of Commerce in Vietnam (EuroCham). Representatives of foreign businesses in Vietnam shared the same sentiment that Vietnam’s effective measures against the Covid-19 pandemic have enhanced the country’s status as a competitive, safe and attractive investment destination. […]

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