Vietnam spends over US$752 million on Covid-19 fight
The government has set aside VND12.57 trillion (US$542.2 million) to support 12.65 million people directly hit by the Covid-19 pandemic.
09:08, 2020/08/15
Vietnam ODA disbursement meets 32% of targets in 9 months
Quicker disbursement of ODA funds shows the government’s responsibility and capability in utilizing funds in the eyes of investors and donors.
08:39, 2020/39/15
Car sales in Vietnam bounce back in September
Car sales in Vietnam in the January–September period dropped 22% year-on-year to 179,155 units across all segments.
12:00, 2020/00/14
Hanoi 17th Party Congress targets 3 breakthroughs for development till 2025
The culture and value of Hanoians should be a decisive factor to help develop Hanoi in the future.
11:39, 2020/39/14
IMF trims Vietnam GDP growth forecast to 1.6% in 2020
The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021.
14:25, 2020/25/13
Stable outlook expected for Vietnamese dong
While Vietnam is at risk of being listed as currency manipulator by the US, such a risk appears low, as the US will likely continue to reduce its dependence on Chinese exports by reorganizing its supply chain with other partners.
12:53, 2020/53/13
Hanoi embraces for unprecedented opportunity for growth: Party chief
The Party chief expects Hanoi to harmonize economic growth with culture and social equality advances, in which economic development must be based on the cultural foundation.
09:46, 2020/46/13
Vietnam banking sector to suffer in 2020 before rebounding in 2021
Fitch Solutions expected credit growth to weaken to 7% in 2020 from 13.7% in 2019, but the growth is predicted to pick up to 12% one year later.
19:02, 2020/02/12
Hanoi set GRDP growth target of 7.5 – 8% in 2021 - 2025
By 2025, Hanoi targets to have income per capita of VND190 million (US$8,300) and VND830 million (US$36,000) by 2045.
12:01, 2020/01/12
Hanoi economic competitiveness strengthens on 5-year restructuring efforts
During the 2016 – 2020 period, Hanoi’s GRDP is estimated to have expanded by an average of 7.39%, resulting in income per capita of US$5,420 in 2020, 1.8 times the national average.
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