Business News

To make the most of advanced scientific and technological achievements and to be among the leading countries in ASEAN and form a contingent of highly qualified marine science and technology staff, the Việt Nam Administration of Sea and Islands was assigned to take charge of building a master project on marine science and technology research to 2030, with a vision to 2045.

The most recent resurgence of COVID-19 has been brought under control in short order, with no new breakout expected for the best part of this year. Thanks to that, domestic economic activities will continue to recover and comply with the new normal of the global economy, where sporadic, small-scale resurgences are expected by the VEPR.

Vietnam attracted more than US$2billion in FDI in January, 37.8 percent higher than in the same period in 2020, according to the Ministry of Planning and Investment.

Despite the impact of the COVID-19 pandemic, Vietnam has obtained a trade surplus of 1.3 billion USD in January, according to the Ministry of Industry and Trade.

In 2021, Vietnam is assessed to have many opportunities to attract FDI flows redirected from other economies because many investors already planned investment expansions and fresh investments. To catch this wave of investment flows, Vietnam needs appropriate solutions specific to the new context.

Ho Chi Minh City will strive to become an economic and financial hub in Asia by 2045 with gross regional domestic product (GRDP) per capita reaching some US$37,000, a municipal official has said.

Total investment to expand capital at existing projects in January rose by 41.4 per cent on-year, while total investment increased by 51.7 per cent, excluding the $4 billion LNG project in Bac Lieu province registered in last January.

The Vietnamese economy grew 2.9% last year from a year ago, according to government estimates released in late December. That’s better than China’s forecast-beating 2.3% growth during the same period.