Plans to reopen Cambodia, Vietnam, Thailand and Myanmar to tourists, along with a new China-Laos high speed rail link are reviving talk of a Mekong travel bubble. Thailand has already welcomed foreigners to sandbox islands such as Phuket and Koh Samui and will open the country to fully vaccinated visitors from at least 10 nations […]
Read MoreThe Government is expected to soon issue an overall economic recovery plan, which serves as the basis for localities to carry out their own push for economic development. Vietnam’s GDP growth in 2021 is estimated at around 3-3.5% in 2021, which would translate into a GDP per capita of US$3,660-3,680. Prime Minister Pham Minh Chinh […]
Read MoreVietnam’s growth prospects remain much dependent on the effectiveness of vaccination programs, restriction measures, and the implementation of supporting policies. Vietnam’s GDP is likely to expand by 1.8% in 2021 following the recent fourth Covid-19 outbreak that forces major cities in the country into lockdown for months. Construction and industry would be the main driving […]
Read MoreCambodia’s exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs. Cambodia increased its exports of vegetables and fruits by 61 percent, cashew by 595 percent, soybeans by 549 percent, and rubber by 391 percent. Exports of wood products, […]
Read MoreApart from the benefits of being a fast-moving and vibrant economy, Vietnam also offers a rich topographic diversity with mountains, jungles to beaches, wonderful food, and very hospitable people. As 83% of expats in Vietnam are optimistic about living here for the next 12 months, the country remains among the top five places in the […]
Read MoreIt is reported that there is a significant gap among banks when it comes to interest rate reduction for people and businesses affected by the COVID-19 pandemic. Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is […]
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