9 10 month old growth spurt

Located in Ba Ria-Vung Tau province’s Quang Thanh commune, the Gia Hoet 1 and Tam Bo solar power complex projects include two solar power plants. Both projects occupy water surfaces of 40 and 41 hectares respectively. Invested in and conducted by TOJI Group with a total capacity of 70MWp, it is the largest floating solar power complex in Southeast Asia. … [Read more...] about ABB supporting region’s biggest floating solar complex

But the demand for health and life insurance products has recovered fairly well after a period of social distancing. The revenue of the segment mainly dropped in the social distancing period in March and April 2020, but then has recovered strongly. According to the Association of Vietnam Insurance, the health and life insurance premium revenue in the first three quarters of 2020 increased by 25.6 per cent and 21.2 per cent, respectively, against the same period of the previous year. … [Read more...] about Insurance industry continues good trends in 2021

Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB

According to a World Bank report on Viet Nam's economy released earlier this month, the country is in an excellent position to pull off a strong recovery as GDP growth for the last quarter of last year accelerated to 4.5 per cent, making it one of the fastest-growing economies in the world. … [Read more...] about VN eyes strong recovery from pandemic this year

Since the EVFTA took effect, more than 15,000 certificates of origin forms have been issued with a total turnover of US$700 million to 28 EU countries, according to the Ministry of Industry and Trade. The Ministry of Agriculture and Rural Development said that in August alone, Vietnam’s export value to the EU reached US$3.25 billion, up 4.65 percent against July and 4.2 percent against last year. The turnover in September also posted a 14.4 percent year-on-year surge. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery