National Assembly Chairman Vuong Dinh Hue met Governor of Karnataka State Thawar Chand Gehlot on December 18 as part of his official visit to India from December 15-19.
Vietnam is facing new and greater difficulties and challenges, requiring the country to promote the tradition of great national solidarity to overcome this tough time, stated National Assembly Chairman Vuong Dinh Hue at the opening of the 15th NA’s second session in Hanoi on October 20.
The electronics industry is forecast to have a robust year, driven by the increase in demand for communications’ products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.
Vietnam will record positive economic growth in 2021, at around 6-7 percent, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign, said Jonathan Ostry, Deputy Director of the Asia and Pacific Department of the International Monetary Fund (IMF).
Local construction firms face the risk of bankruptcy as the price of steel has soared 40 percent recently.
Vietnam always pays attention to creating favourable conditions for businesses and investors from the Republic of Korea (RoK) to expand their activities in the nation, said Prime Minister Nguyen Xuan Phuc, noting that the bilateral ties are getting stronger thanks to the presence of Korean conglomerates like Samsung, SK, Hanwha, Deawoo, and Lotte in Vietnam.
Vietnam’s gross domestic product (GDP) in the first quarter of 2021 is estimated to rise 4.48 percent, higher than 3.68 percent recorded in the same period last year, the General Statistics Office (GSO) General Director Nguyen Thi Huong reported at a press conference 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.
Many international organizations have forecast robust economic recovery for Vietnam in 2021.
Experts expect that consumer loans will resume in the second half of 2021, thereby boosting the overall credit growth.
The Lao People’s Revolutionary Party (LPRP) Central Committee has sent a congratulatory message to the 13th National Congress of the Communist Party of Vietnam, which officially kicked off on January 26.
The 16th Party Congress of the northern port city of Hai Phong for the 2020-2025 tenure kicked off on October 14 with the participation of 350 official delegates.