The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period
Digital transformation framework
Vietnam-US friendship thrives after a quarter of a century
Regarding investment, with strategic location, stable macro-economy, better living quality and dynamic labour forces, Vietnam has attracted the attention of the world’s major firms, especially US companies with big names like IBM, Qualcomm and Coca-Cola, among others. … [Read more...] about Vietnam-US friendship thrives after a quarter of a century
Russia’s news agency highlights Vietnam’s 35 years of renovation
From 1993-2017, the mortality rate among newborns in Vietnam fell from 32.6 to 16.7 per 1,000 live births. Meanwhile, from 1990-2016, average life expectancy rose from 70.5 to 76.3 - the highest in the region. Over the last 35 years, the health of the Vietnamese people has improved significantly. … [Read more...] about Russia’s news agency highlights Vietnam’s 35 years of renovation