Greater movement in national digital transformation would contribute to the realization of socio-economic development targets, Prime Minister Nguyen Xuan Phuc has said.

With the Covid-19 impacts still looming on local economy, domestic car prices have gone down but remained nearly double the prices of vehicles sold in Thailand and Indonesia, mainly due to high fees and taxes for locally made cars.

Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10.

The two countries aim to further cooperation in the Covid-19 fight, recovering the regional supply chain and ensuring greater access to Covid-19 vaccines.

The lack of empty containers had directly impacted the exports of Vietnam’s agricultural products.

Vietnam is expected to export more than six million tons of rice this year.

The Covid-19 pandemic are prompting major rice buyers including the Philippines and African countries to turn to Vietnam, while there has been a growing demand for rice in Asia.

The majority of imported cars in Vietnam in the final month of the year came from Thailand (7,696 cars), and Indonesia (2,353) and China (1,158).

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.