By 2025, Vietnam targets to be among the leading 70 countries in e-government development, while the digital economy would account for 20% of total GDP.
Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Viet Nam, according to a recent report by Electricity of Viet Nam (EVN).
Standard Chartered expects Viet Nam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year.
The government has decided to postpone the implementation of the capital gains tax from January 1, 2021 to January 1, 2022, the Ministry of Economy and Finance’s General Department of Taxation (GDT) said on Thursday.
Vietnam was among a handful of economies that has brought the spread of Covid-19 under control early on.
The 10th session of the 14th National Assembly will kick off this week, with a major focus to be placed on discussing solutions to further support businesses in the context of their recovering performance despite headwinds negatively impacting on the economy’s growth.
A resurgence of Covid-19 in a number of countries across the world and geopolitical tensions between major powers continue to pose major risks to Vietnam’s economy.
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.
The International Monetary Fund (IMF) is firmly committed to continuing to help revitalise Cambodia’s economy in its post-Covid-19 recovery and provide the much-needed impetus for growth and development.
Vietnam is one of the few Asian economies to have registered positive growth so far this year, despite the second wave of infections.