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Vietnam customs revenue down by nearly 15% in Jan-Oct

The Hanoitimes – The government forewent over VND8.2 trillion (US$355.45 million) in customs revenue between January and October as a result of Vietnam’s commitments to free trade agreements. Vietnam’s customs revenue in the first ten months of 2020 declined by 14.66% year-on-year to VND250.46 trillion (US$10.86 billion), or 74.10% of the year’s estimate. The Import – […]

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Vietnam boasts faster V-shaped recovery in Southeast Asian: Maybank

The Hanoitimes – Vietnam’s manufacturing purchasing managers’ index has risen a lot more quickly and strongly than the rest of ASEAN. Vietnam and Singapore are reporting a faster-than-expected V-shaped recovery compared to the rest in the Southeast Asian region, according to Singapore-based Business Times, citing a report from Malaysia’s largest bank Maybank Kim Eng. Maybank’s report suggested […]

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Optimism about Vietnam economic rebound

Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong. The Vietnamese government targets economic growth of 2% to 3% in 2020, 6% in 2021, however, it remains quite modest compared to positive assessment from international organization and […]

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