Vietnam’s rising income per capita would soon move cars from a luxury product with a passenger vehicle density of 34 per 1,000 to a more ordinary one with a density level comparable to countries in the region.

In long-term, the outlook of Vietnam’s stock market remains bright as the positive macro-economic environment would serve as a big boost for the market.

Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.

Hanoi’s nominal GRDP stands at VND1,016 trillion (US$44.13 billion), resulting in a GRDP per capita of VND122.7 million (US$5,285), up 2.34% year-on-year.

In 2020, Vietnam Airlines operated 96,500 flights, down 48% year-on-year amid the Covid-19 crisis.

The General Assembly this year adopted many reports and resolutions, including Sustainable Development, Education and Culture Cooperation and Social Affairs.

Close attention should be on the capacity of the Vietnamese economy to firm up its recovery from the coronavirus crisis, noted the World Bank.

ASEAN is urged to enhance institutional capacity and operational efficiency for its apparatus.

Vietnam’s manufacturing purchasing managers' index has risen a lot more quickly and strongly than the rest of ASEAN.