The Hanoitimes – Vietnam’s effective containment of Covid-19 is seen as a major factor to boost retail sales during final months of the year. Total retail sales of consumer goods and services in Vietnam reached an estimated VND5,059.8 trillion (US$219.53 billion) in 2020, up 2.6% against last year, according to the General Statistics Office (GSO). “Such […]
Read MoreThe Hanoitimes – CEBR’s report estimated by 2035, Vietnam’s nominal GDP is estimated at US$1.59 trillion from the current US$341 billion, a nearly 5-fold increase in a 15-year span. A steady and consistent economic growth is set to help the Vietnamese economy to overcome major economies in Asia such as Taiwan (China) at 21st and Thailand […]
Read MoreVietnam’s GDP will expand by 8.6 percent this year, the highest in over two decades, market research firm Fitch Solutions has forecast. The firm revised the growth rate, the highest in 24 years according to World Bank’s data, from the earlier 8.2 percent, expecting a global vaccine rollout to drive recovery in external demand for […]
Read MoreVietnam continues to be a top 10 country for retiring abroad, holding on to its spot in the latest Retirement Index. The nation received a final score of 75.5 in this year’s edition, which was released last week by International Living, an Irish publishing company that focuses on overseas retirement. The score was 0.5 points […]
Read MoreVietnam is not considering a resumption of international commercial flights with the Covid-19 situation remaining intense globally and vaccine distribution uncertain. The pandemic has been complicated by the appearance of a new coronavirus variant, with no certainty a vaccine would be distributed on a large scale this year, Deputy Minister of Planning and Investment Tran Quoc […]
Read MoreThe Hanoitimes – Vietnam’s steel production was less affected by the pandemic thanks to support policies from importing countries, including EU members. Steel consumption recovered strongly in November after falling in October, as the demand for house and factory repairs after the stormy period, and the favorable weather for construction activities supported sales in all three […]
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