Land prices in HCM City are rising sharply, and experts warn this can have negative consequences on public works and housing supply.
The implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) will enhance competitiveness in Vietnamese goods and services in the context of an import-export-dependent economy.
The Regional Comprehensive Economic Partnership coming in effect last week will enable Vietnam’s exports of more fruits and vegetables under official quotas to the deal’s member countries.
The increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors.
Viet Nam’s growth rate targets of 6.3 per cent in 2022 and 6.8 per cent in 2023 are feasible, but greatly rely on how the pandemic develops over the next two years.
Viet Nam needs to start an economic recovery programme soon to achieve the economic growth target of 6-6.5 per cent in 2022 as set by the National Assembly, experts have said.
More legal aid needs to be provided to small and medium-sized enterprises (SMEs) to help them quickly recover business, production and become stronger after the COVID-19 pandemic, legal experts have said.
HCM City is co-operating with companies, distributors and neighbouring provinces to prepare goods for the upcoming Tet (Lunar New Year) holidays, ensuring stable supply and prices, according to the city's Department of Trade.
Vietnam is gradually reopening its doors and adjusting to a “new normal” with post-pandemic recovery plans. Heads of representative offices of international organizations and representatives of foreign business associations in Vietnam are expressing optimism about Vietnam’s economic prospects and recommending ways to accelerate economic recovery.
Vietnam’s strong macro-economic fundamentals mean the country continues to be an attractive destination for investors in the mid-and long term.