Affect energy economy 7 times

Export growth and the shifting of manufacturing facilities and supply chains from China are also promoting Vietnam’s economic growth. General Department of Vietnam Customs data show that in the first 10 months of this year, Vietnam’s foreign trade value reached US$440.09 billion, a year-on-year increase of 2.7 percent. Of this total, export value reached US$229.79 billion, up five percent or US$10.85 billion, and import value reached nearly US$210.3 billion, up 0.3 percent or US$661 million. These import, export results yielded a trade surplus of approximately US$19.5 billion. … [Read more...] about Vietnam optimistic about growth in first half of 2021

As Vietnam is doing well in its containment of the CODI-19 pandemic, it is expected the country’s tourism sector will gradually recover in 2021. In this context, enhancing connectivity between tourism service providers and promoting the role of major travel companies are both crucial factors for domestic tourism to reboot itself post-COVID-19. Therefore, more drastic measures are needed to remove the above-mentioned obstacles and increase the efficiency of tourism connectivity, thus enhancing the overall competitiveness of Vietnam’s tourism. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16

“By all standards, Vietnam has managed the crisis very well. Looking ahead, Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8 per cent in 2021 and, thereafter, stabilise at around 6.5 per cent. This projection assumes that the COVID-19 crisis will be brought gradually under control,” said the World Bank in its economic update for Vietnam released over two weeks ago. The update continued, “Vietnam’s economic resilience is explained by the behaviour of both its domestic economy and its external sector. Not only has the private sector reacted positively to the gradual easing of social distancing and mobility measures, but the government has changed the course of its fiscal policy to support the recovery.” … [Read more...] about New economic priorities for a new year

Bilateral trade has been growing at an average of 11.78 per cent a year in the past five years. In 2020, despite the impact of the COVID-19 pandemic, Việt Nam’s exports to the Netherlands in the January-November period still rose 0.22 per cent year on year to US$6.26 billion. Its imports from the European country in the period decreased by 4.13 per cent to $582.4 million. … [Read more...] about Việt Nam always a leading partner of Netherlands in Asia

Trịnh Tùng Bách, director of the Research and Development Department at Capital House Group which received the EDFG certification for its EcoHome 3 affordable housing project, said those who live in green buildings enjoy a more convenient life, improved health and decreased power and water costs. … [Read more...] about Green buildings benefit both investors and home buyers