The local economy should have had expanded by over 7% in the 2020-2021 period, but instead, it settled at 2.91% in 2020 and would achieve an estimated 2.5% this year. The Covid-19 pandemic in the past two years has caused losses of VND847 trillion (U$37 billion) for the local economy. Vice-Chairman of the Party Central […]
Read MoreThe gap between the gold price in the domestic and global market has hit the highest level in years due to a restricted supply and rising local demand. On Monday, while the gold price in the world market stayed unchanged against the previous week, the domestic price of the metal kept rising significantly, thus widening […]
Read MoreDespite the lingering effects of the pandemic, the Ministry of Industry and Trade forecasts that Vietnam’s total trade value this year may reach a new record of between US$640 – 645 billion, with a slight trade surplus. The ministry attributed the results to the great efforts of the business community in overcoming the difficulties of […]
Read MoreThe automobile market has become bustling again after the Government cut by 50 percent the vehicle registration tax. Car sales in the first three quarters of the year witnessed a sharp fall of 46 percent compared with the same period last year. However, the market has warmed up since the second month of the fourth […]
Read MoreVietnam continues to meet the US Treasury’s criteria for not being labelled a currency manipulator, according to the US Treasury. Viet Nam continues to meet the US Treasury’s criteria for not being labelled a currency manipulator, according to the US Treasury. In its latest report on forex and macro-economic policies of big trade partners of the […]
Read MoreVietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country. Speaking at the Vietnam Economic Forum 2021 on December 5, Painchaud said the this started in the fourth quarter, and the country can achieve a GDP […]
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Thailand
