Despite being known for its low labour costs, higher logistics costs have continually reduced the competitiveness of Vietnam’s exports compared to elsewhere in the region.
The National Regulatory Authority (NRA) of Vietnam has achieved Maturity Level 3 for vaccine regulation, the second highest level in the World Health Organisation (WHO)’s four-level NRA rating scale, the Ministry of Health said on April 7.
Vietnam exported 10.61 billion USD worth of agricultural, forestry and fishery products in the first quarter of 2021, up 19.7 percent compared to the same period last year.
The Vietnamese economy is growing again on the back of a strong rise in exports, Wall Street Journal reported.
German’s DVZ e-newspaper has run a story by Claudius Semmann highlighting Vietnam’s success in controlling the COVID-19 pandemic and secure economic development, maintaining its bright outlook amid the global crisis.
In an era of protectionism where the jitters of COVID-19 are still being felt by many economies, Vietnam is soaring to become one of the prime locations for export manufacturers, said a recent article published on the Hong Kong-based global industry analysis firm Counterpoint.
Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22 percent year-on-year and imports by 26 percent in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of...
Vietnam’s economic growth in the first quarter is estimated at 4.48%, higher than the 3.68% posted in the first quarter of last year. However, there is still much to be done to reach the annual target of 6.5%, according to insiders.
The State budget revenue in the first quarter totalled 403.7 trillion VND (about 17.5 billion USD), equivalent to 30.1 percent of this year’s target and up 0.3 percent from a year earlier, the Ministry of Finance (MoF) said on March 29.
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
Prime Minister Nguyen Xuan Phuc has asked relevant ministries, agencies and the southern province of Ba Ria – Vung Tau to develop the seaport and logistics system at Cai Mep – Thi Vai area to meet regional standards by 2030 towards becoming a world-class seaport hub in the world...
Vietnam exported 638,000 tonnes of rice worth 352 million USD in the first two months of 2021, down 31.4 percent in volume and 18.3 percent in value year-on-year.
Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.
The UK’s MoneyWeek news website has run a story highlighting that Vietnam is one of the most promising markets of Asia in a long time thanks to the country’s success in COVID-19 control.
Prime Minister Nguyen Xuan Phuc talked about a new strategic viewpoint involving eight “Gs” on the development of the Mekong Delta while chairing a conference in Can Tho city on March 13.
AnEco has successfully registered its trademark in the US, opening up a great opportunity for An Phat Holdings’ compostable production line to enter this market.
Many international organizations have forecast robust economic recovery for Vietnam in 2021.
Vietnam’s economy will grow 6.5 percent each year over the course of the next 10 years as the Government diversifies export markets and improves infrastructure, according to market researchers Fitch Solutions.
Experts expect that consumer loans will resume in the second half of 2021, thereby boosting the overall credit growth.
Da Lat, known as the city of flowers, is set to become a fresh flower export hub in Southeast Asia. The central highlands city aims to raise its annual flower export value far beyond the current 50 million US dollars to match its capacity of producing yearly 3.1 billion flower...
The State Bank of Vietnam said it would be consistent with the goal of controlling inflation, maintaining macroeconomic stability, and improving the quality of monetary policy planning and administration.