HCM CITY — Southeast Asia’s economic growth will rebound to 6.2 per cent in 2021 with Vietnam achieving 8 per cent growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW. GDP across the region contract by 4.1 per cent in 2020, with countries that had been successful in controlling the pandemic like Việt Nam and Singapore leading the recovery. […]
Read MoreHANOI — The Vietnam Bank for Social Policies (VBSP) has allocated VND31.6 billion (US$1.36 million) to 207 enterprises to pay the wages of 8,529 labourers who lost their jobs due to impact of the COVID-19 pandemic. According to the bank, it has extended payment dates and adjusted the lending terms for 242,700 existing customers, while giving […]
Read MoreThe Hanoitimes – More investment from Singapore’s tech firms will help maintain its position as Vietnam’s top investor, Prime Minister Nguyen Xuan Phuc has said. Singapore’s investors are seeking investment opportunities in Vietnam, particularly in fields of innovation, smart city and startups, which are in line with the Vietnamese government’s development priorities. Singapore’s Ambassador to Vietnam […]
Read MoreHANOI — Vietnam’s credit registry coverage increased to 59.6 per cent in 2020 from 41.8 per cent in 2015, said Do Hoang Phong, director of the Vietnam Credit Information Centre (CIC). The rate was higher than the average level of the Asia Pacific region and the Organisation for Economic Co-operation and Development (OECD) countries, Phong […]
Read MoreThe Hanoitimes – Around 70.86 million medical face masks were shipped last December, a sharp decrease of 59% against the previous month. In a year ravaged by the Covid-19 pandemic, Vietnam exported a total of 1.37 billion medical face masks, according to the General Statistics Office. The General Department of Vietnam Customs (GDVC) went on to […]
Read MoreThe Hanoitimes – Cars in Vietnam since 2021 are subject to new regulations such as registration fee, import tariff, and higher emission standards. A number of new laws and regulations that are set to take effect on January 1, 2021 and could change Vietnam’s automobile industry. End of 50% reduction in registration fee for domestic cars […]
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