The Hanoitimes – The country sticks to the goals of developing the economy, preventing the disease and restoring socio-economic activities in the new normalcy. Vietnam is considering resuming of inbound tourism, targeting source markets that have managed to control the Covid-19 pandemic, said Prime Minister Nguyen Xuan Phuc at the meeting with the National Steering Committee […]
Read MoreThe Hanoitimes – A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung. Due to severe impacts of the Covid-19 pandemic on the economy, the Vietnamese government has proposed revising the GDP growth target from the initial 6.8% to […]
Read MoreThe Hanoitimes – With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the economy forward. While the Covid-19 pandemic is transforming the world into a totally different one, Vietnam should readjust its development strategy to make full use of a new economic order, according […]
Read MoreThe Hanoitimes – Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts. On May 3, the Japanese government said it would spend US$2.2 billion of the country’s economic stimulus package to help firms shift production out of China. Meanwhile, the Economic Times reported […]
Read MoreVietnamese consumers are some of the most optimistic in Asia during the COVID-19 pandemic, according to American management consulting firm McKinsey’s recent consumer survey. The survey, which was conducted among 618 consumers in Vietnam and covered their consumption behavior shifts during the COVID-19 crisis, showed that only 4% of Vietnamese think the crisis will have […]
Read MoreThe Hanoitimes – A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029. There may be concern that an open and flexible public-private partnership (PPP) law may lead to policy abuses, but on the contrast, limited investor protection to […]
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