How much economic growth under trump

Hanoi (VNA) - Vietnam’s economic growth is projected at 6.17 percent in 2021 in a base-line scenario and may even reach 6.72 percent in the best-case scenario, heard a conference held in Hanoi on January 20.UN Development Programme and the Ministry of Planning and Investment’s National Centre for Socio-economic Information and Forecasting (NCIF),  the “Vietnam’s Economy in the Medium Term 2021 - 2025: Recovery and Growth Accelerates” conference brought together a large number of economists, business leaders, and representatives of international organisations and business associations to discuss the outlook for Vietnam’s economy over the next five years and the actions needed to turn the expected rebound from COVID-19 into a sustainable economic recovery.COVID-19 rebound into a bold recovery in 2021 and beyond. Equally, it will determine the ability of the country to accelerate policies to achieve the medium-term aspirations of realizing the … [Read more...] about 2021 GDP growth may reach 6.72 percent in best-case scenario: Conference

Up to now, the country has established 369 IZs (including IZs located in economic zones) in 61 out of 63 provinces and cities, with a total area of nearly 114 thousand hectares, 26 border gate EZs established in 21 provinces and cities with an area of about 766,000ha and 18 coastal EZs established in 17 provinces and cities with a total land and water surface area of nearly 853,000ha. … [Read more...] about A separate law needed for industrial zone and economic zone development

For example, by imposing business conditions or other restrictions on new businesses, the state agency can reduce the competition faced by SOEs. Policies and institutional structures that constrain competition are not in the national interest. While constraints to competition can make individual SOEs more profitable, the resulting lack of competition stifles innovation and productivity growth. “This hurts consumers because of higher costs and less innovation and variety; hurts workers because reduced productivity growth means reduced growth in wages; hurts other investors whose firms are being constrained, and hurts the government because of increased opportunity for corruption,” Mallon explained. … [Read more...] about Reshuffle underway to further stimulate revival of economy

Thu Duc City will has a population of about two million people by 2040 and three million by 2060. The new city will be developed into an innovation hub of industry, scientific research and service, providing industry 4.0 solutions to adjacent provinces of Dong Nai, Binh Duong, Ba Ria-Vung Tau and others in the country as well as exporting Industry 4.0 equipment and services. … [Read more...] about Thu Duc City needs special mechanisms of development: Mr. Nguyen Thien Nhan

Earlier, the Vietnam Airlines Group, which include Vietnam Airlines, budget carrier Jetstar Pacific and Vietnam Air Services Company (VASCO), said it will supply over 414,000 extra seats from January 27 to February 26, 2021 to serve increasing travel demand. This will bring the total seats on flights operated by the Vietnam Airlines Group during the traditional holiday to 2.4 million, equivalent to nearly 12,000 flights. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20