The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035. The JCER recently released a medium-term forecast of Asian economies entitled “Asia in the coronavirus disaster: Which countries are emerging?”, which addresses the impact of the […]
Read MoreThe pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well. Vietnam among fastest growing economies The Asian Development Bank’s (ADB) Asian Development Outlook 2020 predicts that Vietnam’s economy will grow by 2.3 percent in 2020, higher than the predicted 1.8 percent last September. […]
Read MoreThe Hanoitimes – The food delivery apps are becoming familiar with Vietnamese people. Food delivery apps have become more important for both business owners and their customers as more people order takeout during the coronavirus pandemic in Vietnam. According to a survey conducted by Q&Me in December, with the participation of about 1,000 people aged 18 […]
Read MoreThe Hanoitimes – A devaluation of the Vietnamese dong will disrupt and cause severe consequences to the local economy, said an expert. Vietnam has no intention of manipulating the currency. The most important issue for the Vietnamese government is to stabilize the macro-economic condition and build trust among people, investors and businesses. “A devaluation of the […]
Read MoreExport revenue in 2020 is estimated to reach $267 billion while imports are to reach $260 billion, resulting in a trade surplus of some $7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai. Amid the impact of COVID-19, exports still rose 1 percent and were a bright spot and key foundation […]
Read MoreElectronics manufacturer Foxconn of Taiwan (China) has initiated plans to move part of their assembly line for iPad and MacBook products from China to Vietnam following a request made by tech giant Apple. The new production lines in the country are expected to come into operation during the first half of next year, according to […]
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