Vietnam’s public debt in the 2017-2021 period decreased dramatically from 61.4% of its GDP to 43.1%, according to the latest information released by the Ministry of Finance. Government debt, government-guaranteed debt and local government debt also decreased. Specifically, government debt, government-guaranteed debt and local government debt dropped from 51.7%, 9.1%, and 1.1% of GDP in […]
Read MoreASEAN Briefing reports that India is fast-tracking the completion of the expanded India-Myanmar-Thailand Highway. The Indian Prime Minister, Narendra Modi, said recently that the route should be further expanded from 1,400 km to 3,200 km in order to link the route with Laos, Cambodia, and Vietnam. Presently, the route links Moreh in the northeast of India with […]
Read MoreMany British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements (FTAs) that Vietnam has signed with the UK and other economies worldwide. The UK- Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the […]
Read MoreVietnam is now ranked 7th and 5th worldwide in terms of tea production and exports, respectively. According to the Ministry of Agriculture and Rural Development, the nation has 123,000ha under tea trees, capable of producing 1,02 million tonnes of fresh tea buds. Vietnamese tea products are exported to 74 countries and territories, including Pakistan, China, […]
Read MoreHanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products. This is one of the requirements made by […]
Read MoreVietnam’s visa policy should be more open to lure international tourists, insiders have said. Although the country has offered unilateral visa exemption and e-visas, the policy is not competitive enough as the 15-day visa exemption has yet to satisfy the need of visitors from such markets as Europe, North America and Australia, who often stay […]
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