INFOGRAPHICS: SOCIO-ECONOMIC PERFORMANCE IN 2020
Despite tremendous impacts of the Covid-19 pandemic, the Vietnamese economy expanded 2.91% and trade surplus reached a record high of US$19.1 billion this year.
FDI ATTRACTION IN SPOTLIGHT AMIDST PANDEMIC
Despite the severe impacts of the COVID-19 pandemic, Vietnam still managed to gain remarkable achievements in FDI attraction. This is one of bright spots that has helped drive economic growth.
ECONOMY EXPANDS 2.91% IN 2020: GSO
This year’s growth rate is quite positive given the serious challenges posed by the Covid-19 pandemic, Nguyen Thi Huong, Director-General of the General Statistics Office (GSO), told a room of reporters on Sunday.
ICAC UPDATES (ISSUE 41 OF E-NEWSLETTER)
We would like to share with you the latest issue of the electronic newsletter of Hong Kong’s Independent Commission Against Corruption (ICAC) - ICAC Post. It can be accessed at the link below: https://www.icac.org.hk/icac/post/issue41/en/index.html#
HUGE POWER DEMAND, ENERGY TRANSITION STRATEGY MAKES VN ATTRACTIVE TO FOREIGN INVESTMENT IN LOW-EMISSION ENERGY
A wind power farm in Ninh Thuận Province. Việt Nam's power demand was forecast to increase by 8.5 per cent per year over the next five years.
REMITTANCE INFLOWS TO HCMC FORECAST TO REACH OVER US$5 BLN THIS YEAR
Last April, the World Bank said global remittances were projected to decline sharply by about 20% in 2020 due to the economic crisis induced by the Covid-19 pandemic and shutdown.
INFOGRAPHIC: 10-YEAR IMPLEMENTATION OF DEVELOPMENT STRATEGY OF THE VIET NAM BANK FOR SOCIAL POLICIES
The Viet Nam Bank for Social Policies (VBSP) is ranked among the biggest micro-finance providers in the world, supporting the poor to access to social policy credits.
INCREASING IMPORT: A POSITIVE SIGN
The growth of import slower than that of export helped Vietnam clinch a trade surplus of over US$20 billion in the first 11 months of 2020. However, the surging surplus also indicated a hard time for Vietnamese enterprises, especially those in the export sector. Therefore, when import is up again, it turns out to be a positive sign.
