Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.
The Covid-19 pandemic has paved the way for e-commerce in distributing fresh agriculture produce.
Many businesses have closed down or are struggling with rising overheads due to COVID-19.
Progress in vaccination will continue to be an important barometer for growth in the second half of 2021 in Southeast Asia including Viet Nam, experts have said.
Smartlog, a supply chain solutions joint stock company established in 2015, has become a pioneer in integrated platforms and ecosystems for logistics operations. With enthusiasm and deep understanding of supply chain and logistics management, Smartlog is gradually changing logistics operations in compliance with the Fourth Industrial Revolution, enhancing customers’ operational performance and significantly improving the quality of logistics services.
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.
The rising costs of imported raw materials are pushing up prices and threatening to cause inflation amid the ongoing economic recovery.
Foreign direct investment into Vietnam has grown exponentially in the last three decades. Thanks to its economic reforms and integration into the global economy, the country is now considered to be among the most open economies in Asia in terms of foreign investment receipts. In 2019, it recorded nearly $39 billion of newly registered capital.
HCM City authorities will continue to support the business community affected by the pandemic and speed up the vaccination drive, Nguyen Van Nen, secretary of the city Party Committee, said during an online conference on Thursday.