The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.
1. Vietnam Business Operations and the Coronavirus: Updates
This article will be updated as further developments in Vietnam become available.
2. Standard Chartered pledges US$8 billion investment for sustainable development in Vietnam
Vietnam is trying its best to enhance climate resilience and promote green development for sustainability and long-term stability.
3. Vietnam stock market hit a fresh record high
Vietnam’s benchmark stock market index (VN-Index) hit a fresh record high on Thursday, topping the 1,500 point mark for the first time and defying a slump across most other Asian equity markets.
4. Vietnam welcomes back first international tourists
HCMC – A Vietnam Airlines flight carrying the first foreign tourists to visit Vietnam after an 18-month suspension of the international tourism segment landed at the Danang International Airport in Danang today, November 18.
Vietnam receives the first international tourists after the country reopened its economy – PHOTO: VIETNAM AIRLINES5. Vietnam, Japan issue joint statement, ink 11 deals during PM Pham Minh Chinh’s visit
Vietnam and Japan have announced a joint statement and signed 11 cooperative agreements during the four-day visit by Vietnamese Prime Minister Pham Minh Chinh and his entourage to the East Asian country starting Monday.
Vietnam’s Prime Minister Pham Minh Chinh (L) and his Japanese counterpart Fumio Kishida are seen at an event during PM Chinh’s four-day visit to Japan starting November 22, 2021. Photo: Vietnam News Agency 6. $77-mln industrial park to be built under Vietnam-South Korea economic program
A VND1.78-trillion ($77.4 million) industrial park will be built under a cooperation program promoted by South Korea in the northern province of Hung Yen.
7. Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report
NDO/VNA – Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.
8. Metro era finally begins for Vietnam
While the opening of Vietnam’s first metro line starts a new era for urban public transport, local authorities and developers will hope to learn lessons from the painful and costly delays.
The Ha Dong-Cat Linh line in Hanoi is set to be the first of several to be developed this decade, Photo: Le Toan 9. First mobile network providers allowed to pilot mobile money service
The State Bank of Viet Nam has allowed two mobile network providers to pilot mobile money service in a bid to reduce the use of cash nationwide.
10. Nikkei Asia: Viet Nam leads rapid recovery in Southeast Asian supply chains
Viet Nam in particular is seeing a rapid return to normality as the country has eased restrictions. About 200 factories in the country contracted to make sportswear for Nike have resumed operations, according to a recent article on Nikkei Asia.
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