Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.
As one of the most important factors of the coastal economy, properties along the country’s long coast line continue to develop at a rapid rate with various diversified types and large-scale projects in the mix.
There is an urgent need for a credible domestic rating agency in Viet Nam to promote the orderly development of a healthy and sustainable bond market, according to a recent report by the Asian Development Bank (ADB).
Despite 2021 being projected to remain a challenging time for global hospitality markets, Vietnam may have better chances than its neighbours to capitalise on domestic travel demand, which already made a large proportion of total travellers in the country before the pandemic.
Continued facing with massive woes, the business community in Vietnam is in dire need of the government’s assistance for investors and enterprises to struggle through the global health crisis and grabbing new business and investment options in the country.
The trade co-operation programme between HCM City and southern provinces has over the past years helped significantly promote consumption of his province’s products, enabling businesses to expand production and trading and contributing to socio-economic development, a Ben Tre Province leader has said.
Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to penetrate global markets after the pandemic ends, experts have said.
Amid the heavy impact the pandemic has had so far on Vietnam’s economy, possible solutions to overcome the crisis and come out even stronger have been under discussion at this year’s Vietnam Reform and Development Forum. At the event, participants like the World Bank’s current vice president for the region highlighted enticing recipes for the continuation of Vietnam’s success story.
The growth of solar power generation in Vietnam has come alongside increasing concern over the disposal of end-of-life solar panels in the coming decades.
Viet Nam urgently needs consultation from international organisations, ministries, partners and scientists to ensure recovery and sustainable, inclusive growth post-COVID-19 pandemic, Minister of Planning and Investment Nguyen Chi Dung has said.