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Vietnam moving out of the epidemic more slowly than others, needs new policies Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 18/07/2021
06:08 GMT+7 Prime Minister Pham Minh Chinh affirmed that Vietnam’s development goals have not changed and agreed with the two GDP growth scenarios for 2021 developed by the Ministry of Planning and Investment. Scenario 1: A growth rate of 6%, under the condition that the epidemic is basically controlled in July, and there are no outbreaks in industrial zones and key provinces and cities, and no social distancing. According to this scenario, Vietnam must obtain a growth rate of 6.2% in the third quarter and 6.5% in the fourth quarter. ....
Vietnam should not be slow in opening its door: economists Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 10/07/2021
10:02 GMT+7 Prime Minister Pham Minh Chinh has said that Vietnam should not adjust the development goals and agrees with the two GDP growth scenarios designed by the Ministry of Planning and Investment (MPI). In Scenario 1, the Covid-19 outbreak would be contained by July, with no hotbed in industrial parks and no social distancing in key economic centers. Vietnam would have a GDP growth rate of 6 percent as set by the National Assembly (6.2 percent in the third quarter and 6.5 percent in the fourth quarter) ....
Vietnam needs more private corporations Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 10/07/2021
14:00 GMT+7 After over 30 years of Doi Moi (reform), Vietnam has had large private groups operating in many industries with international stature. There are also Vietnamese USD billionaires, but only a handful. Vietnamese private groups have constructed many large projects, contributing to changing the face of the country. Private groups have developed many big projects in Vietnam, such as Van Don international airport, Van Don - Ha Long - Hai Phong highway, Bach Dang bridge, and more. Private enterprises have also participated in areas previously under state monopoly such as aviation and airport development, making the market more competitive and benefiting a large number of people. ....
What’s behind the high GDP growth rate? Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 07/07/2021
06:01 GMT+7 The high GDP growth rate of 5.64 percent reported for H1, when a number of large cities and provinces were under social distancing, businesses had to close, and people lost their livelihoods, has puzzled many people. The size of the economy has been revised based on a different calculation method, increasing by 25 percent in 2021 to VND9 quadrillion. With the 5.64 percent GDP growth rate in H1, the economy has had VND507.6 trillion more. Vietnam’s GDP prior to the revision in 2020 was VND6.3 quadrillion. And in order to have VND507.6 trillion more in H1, the growth rate would be 8 percent. This is a record high growth rate rarely recorded in the previous strategic periods. ....