more support to ppe makers in covid 19 times

More support to PPE makers in COVID-19 times

Domestic personal protective equipment (PPE) production is having an unprecedented opportunity to leapfrog in the global supply chain through continuous capital injections from credit institutions.
vietnam retaining fast growing status

Vietnam retaining fast-growing status

Over past decades, Vietnam has weathered all difficulties to orchestrate economic miracles, with its deepened international integration bringing about massive opportunities to expand trade and investment. The nation stands undaunted by the pandemic complexities, and is forecast to outperform all regional economies.
disbursement of public investment pursued further

Disbursement of public investment pursued further

Irked by the expanding health crisis which will likely further dampen economic growth, the government is pressing the disbursement of public investment which has been gaining strong momentum over the last few months.
rebound likely despite bumpy roads

Rebound likely despite bumpy roads

Despite a serious dip in local production caused by the health crisis, Vietnam is expected to be one of the fastest-growing nations worldwide this year, with the economy forecast to stay among the few nations with positive growth.
vir reporters win national journalism prize on foreign affairs

VIR reporters win national journalism prize on foreign affairs

Thanh Thu and Bich Thuy from VIR were among the winners of the national journalism prize on foreign affairs 2020 with the articles “Vietnam all set for crucial ASEAN role" and "Interest on all fronts as nation takes centre stage”.
trade momentum makes comeback with new orders

Trade momentum makes comeback with new orders

Despite numerous difficulties ahead, Vietnam’s trade landscape is gradually gaining momentum thanks to piecemeal reopening of markets worldwide, promising a brighter export-import picture for the country until the year’s end.
economic recovery faces uphill battle

Economic recovery faces uphill battle

The aftermath of the global health crisis may drive Vietnam to a lower-than-expected economic growth landscape, challenging the government’s efforts to revive the economy and restore production.
intra asean trade flourishing following mutual commitments

Intra-ASEAN trade flourishing following mutual commitments

Nearly five years have elapsed since the ASEAN Economic Community was established, and businesses in the region have gradually taken advantage of the bloc’s import tariff cuts to expand exports to Vietnam. Meanwhile, the country has also done the same with the bloc’s member states, helping to gradually truncate the years-long trade deficit between both sides.
further support enacted for strained enterprises

Further support enacted for strained enterprises

With the economy growing at the lowest six-month rate since 2011, the government is quickening practical support for enterprises to soon bring them out of difficulties as part of an effective measure to spur on economic growth for the whole year.
evfta widens varied procurement chances

EVFTA widens varied procurement chances

Starting from this year, investors from EU member states will for the first time be allowed to tender for many types of public projects in Vietnam under EU-Vietnam Free Trade Agreement commitments.
nation buckles up for export bumps

Nation buckles up for export bumps

Though Vietnam’s exports began to recover in May, the outlook for 2020 remains in doubt as a series of its major trade partners are bogged down in difficulties affecting their internal demand for goods.
revised gdp goals to buttress growth

Revised GDP goals to buttress growth

The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target, with the recommendation that providing practical support for the private sector will help the economy achieve higher growth and create more jobs.
deals promise greater mid term investments

Deals promise greater mid-term investments

The National Assembly Standing Committee has agreed to stage a vote on adoption of two hallmark bilateral trade and investment agreements between Vietnam and the EU, taking both sides closer to enshrining the new basis for far tighter trade and investment ties.
taking lessons on board for an economic jump start

Taking lessons on board for an economic jump-start

Vietnam’s economy has been seriously hurt by the continuing coronavirus pandemic. Ousmane Dione, the World Bank’s country director for Vietnam, talked with VIR's Thanh Thu about the foundations for the economy to recover, the lessons from the health crisis, and the nation’s prospects after the pandemic ends.
sustained growth can be achieved through reforms

Sustained growth can be achieved through reforms

With decade-low first-quarter growth, the fast and furious spread of the coronavirus pandemic has prompted high-profile international organisations to revise down their forecasts on Vietnam’s 2020 economic growth which, however, remains far more optimistic than those of regional economies.