VIETNAM’S ECONOMY FORECAST TO GROW BY 4.5-5.1% IF VIRUS CONTAINED BY END OF SEPTEMBER
The Vietnamese economy will likely expand by 4.5-5.1% this year if the pandemic is contained at home by the end of September and vaccination is accelerated towards herd immunity in the second quarter of 2022.
JULY RETAIL SALES PLUNGES NEARLY 20 PCT YEAR-ON-YEAR DUE TO COVID-19
Total retail sales of goods and services shrank 8.3 per cent month-on-month in July to VNĐ339.4 trillion (US$14.84 billion) as a result of restrictions induced to stem the ongoing COVID-19 outbreak, according to the General Statistics Office (GSO).
SEAPORTS FACE CHALLENGING FORECASTS
Despite reaching better business performance in 2021 so far compared to a problem-strewn previous year, foreign-invested joint venture seaports are facing challenges related to full capacity and container attraction.
U.S. TRADE AGENCY DROPS TARIFF THREAT AGAINST VIET NAM OVER CURRENCY PRACTICES
The Office of the United States Trade Representative (USTR) on July 23 issued a formal determination in the Viet Nam Currency Section 301 investigation reflecting the agreement reached earlier this week between the Department of the Treasury and the State Bank of Viet Nam (SBV).
VIET NAM TARGETS AVERAGE GROWTH RATE OF AT LEAST 6.5% IN NEXT FIVE YEARS
The National Assembly on Tuesday adopted a resolution on the socio-economic development plan for the 2021-2025 period, targeting an average growth rate of 6.5-7% over the period.
VIETNAM’S ECONOMY FORECAST TO GROW BY 4.5-5.1% IF VIRUS CONTAINED BY END OF SEPTEMBER
The Vietnamese economy will likely expand by 4.5-5.1% this year if the pandemic is contained at home by the end of September and vaccination is accelerated towards herd immunity in the second quarter of 2022.
INTELLASIA FINANCE & BUSINESS NEWS - JULY 30, 2021
1. Central Bank warns of risks in real estate lending
2. Banking industry: urgent need to increase capital
3. CPI growth in Jan-July lowest since 2016
4. Vietnam's exports up 25.5 pct in seven months
5. Vietnam cuts rice prices to increase competitiveness
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VIETNAM TENDERS DAILY- JULY 30, 2021
1. Motorbike spare parts supply
2. Rescue forklift truck supply
3. Caterpillar bulldozer rake spare parts supply
4. Supporting tools, technical equipment supply
5. Castor pads, grinding table supply
----and more news
