African economies

A worker at a factory in Vietnam – PHOTO: HUNG LE HCMC - Standard Chartered has forecast that Vietnam’s gross domestic product (GDP) growth would rebound to 7.8% in 2021 from 2.9% in 2020, with manufacturing likely to continue driving the economy, helping Vietnam outperform the rest of Asia.  … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

These achievements have been recognised and appreciated by the international community. According to the United Nations Development Program (UNDP), Viet Nam has created a "legendary story" in poverty reduction with its human development index (HDI) of 0.63 in 2019, ranked 118 out of 189 countries and in the group of countries with the highest HDI growth rate in the world. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period

A traditional music festival titled Nhạc Hội Đờn Ca Tài Tử Nam Bộ (South Folk Music Festival) will take place in front of the city’s Opera House on Đồng Khởi Street, District 1, on January 30. … [Read more...] about HCM City offers cultural activities for Tết

Addressing the event, Director of Viettel Post Tran Trung Hung informed that in Vietnam, foreign logistics enterprises are currently controlling 80% of the market share. He suggested that domestic logistics companies should invest more in modern technology so as to enhance its competitiveness at home and in the international arena. … [Read more...] about Viettel Post opens automatic logistics center in HCMC

An online shopper visits an ecommerce platform. Vietnam’s ecommerce sector posted an impressive growth rate of 18% at US$11.8 billion in revenue in 2020 – PHOTO: THE SAIGON TIMES HCMC – At US$11.8 billion in revenue in 2020, Vietnam’s ecommerce sector posted an impressive growth rate of 18% amid the coronavirus pandemic. … [Read more...] about Local ecommerce sector marks impressive growth