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Some forecasts of Vietnam’s economy in 2022

Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the U.S. Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open. Dr. Vu Dinh Anh, an economist, forecast Vietnam’s economy will soon recover and regain her pre-pandemic growth rate due […]

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Vietnam becomes an energy importer: Not a good sign

Vietnam has a wide range of domestic energy sources such as crude oil, coal, natural gas and hydroelectricity, which have played an important role in economic development for decades. Prior to 2015, exports of crude oil and coal contributed largely to Vietnam’s state budget. However, since 2015, with great fluctuations in energy import and export […]

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Vietnam to soon restore regular international flights

The Ministry of Transport will report to the Prime Minister on the results of the resumption of international routes this February. The Civil Aviation Authority of Vietnam is urged to organize the resumption of international commercial flights to Vietnam to the pre-Covid-19 pandemic level. Deputy Minister of Transport Le Anh Tuan requested the Civil Aviation Authority of Vietnam (CAAV) to continue discussing with foreign aviation authorities on reopening […]

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Growing trend of second home in Vietnam: Experts

The prefabricated house could soon develop into a new market segment with high potential in the local real estate market, especially in combination with the trend of investing in a second home. A second home not only meets the growing demand for leisure purposes but is also a long-term investment option preferred by many amid […]

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