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Friday, January 15, 2021 15:16
The National Centre for Socio-Economic Information and Forecasting expects Vietnam s GDP to grow by 6.72 percent in 2021 under an optimistic scenario. (Photo: VNA)
Hanoi (VNA) - The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
In the best-case scenario, the global economy recovers faster than expectations and production becomes more stable in 2021, according to a joint report from the
NCIF and the UN Development Programme in Vietnam.
Meanwhile, the domestic business environment is improved, business support policies help enterprises engage more deeply into global value chains, and new generation free trade agreements (FTAs) are implemented, along with the Government’s efforts in restructuring itself in terms of organisation, technology,
Vietnam to grow 6.8 pct a year in the next five years
By Dat Nguyen January 23, 2021 | 11:00 am GMT+7
Containers seen at Cat Lai Port in Ho Chi Minh City. Photo by Photo by Shutterstock/Hien Phung Thu.
Vietnam can see an annual growth of up to 6.8 percent in the 2021-2025 period if the global economy recovers from Covid-19 impacts.
In a best case scenario where the global economy recovers fast and the pandemic is contained, Vietnam’s should grow 6.72 percent this year, according to a report by the National Center for Socio-Economic Information and Forecast (NCIF).
Domestic manufacturing can return to pre-pandemic levels, public investment grows at 8 percent a year, and Vietnam will be able to take advantage of its free trade agreements, especially the EU-Vietnam Free Trade Agreement (EVFTA), the report says.
VIETNAM NEWS JANUARY 22
22/01/2021 09:45 GMT+7
Airlines adjust flights due to bad weather in Hanoi
National flag carrier Vietnam Airlines and Pacific Airlines, two carriers under the Vietnam Airlines Group, have announced adjustments to flights to and from Hanoi’s Noi Bai International Airport on January 21 due to unfavourable weather conditions.
Two flights from Ho Chi Minh City, VN248 and VN7246, will land at Cat Bi Airport in the northern port city of Hai Phong.
Two others from HCM City, VN7206 and VN320, are to be diverted to the central city of Da Nang, while another from Buon Ma Thuot is to land at Tho Xuan Airport in central Thanh Hoa province.