Vietnam’s nominal GDP reached USD271.2bn in 2020 and the income per capita was USD2,779, higher than the predicted USD268.4bn and USD2,750 respectively.
National flag carrier Vietnam Airlines plans to resume the operation of direct flights from Vietnam to the United States in order to meet the increasing travel demand between the two countries.
Vietnamese airlines are projected to post losses totalling 15 trillion VND (650 million USD) in 2021, with their revenue continuing to plunge from that of last year, according to the Vietnam Aviation Business Association.
The Mekong Delta needs VNĐ338 trillion (US$16.5 billion) in the next five years to upgrade its traffic infrastructure, improve water storage and mitigate riverbank and coastal erosion.
Ho Chi Minh City is set to rake in US$70 billion in export turnover by 2025 and US$108 billion by 2030, and maintain an average annual export growth of 9% during the 2026-2030 period.
Locally-produced drugs are set to reach 75% of the used quantity and 60% of the market value in the country, with the proportion of using domestic herbal medicines increasing by at least 10% over the course of last year.
Ho Chi Minh City is striving to earn 70 billion USD in export turnover by 2025 and 108 billion USD by 2030, and maintain an average annual export growth of 9 percent during 2026-2030.
Five Vietnamese companies have been listed in the top 10 most visited e-commerce websites in Southeast Asia despite the global pandemic affecting consumers in the region, according to the latest e-commerce report.
Local shrimp enterprises have heavily invested in building processing facilities and raw material areas for their long-term development after recording double-digit growth last year, despite the COVID-19 pandemic, whilst capitalising on opportunities from new-generation free trade agreements (FTAs).
Vietnam represents one of the potential export markets for several farm produce from the United States, especially high quality, safe, and healthy agricultural products.
Rising temperatures have resulted in higher electricity consumption in Ho Chi Minh City this dry season according to the Ho Chi Minh Power Corporation (EVN HCMC).
Vietnam represents one of the potential export markets for several farm produce from the United States, especially high quality, safe, and healthy agricultural products.
Vietnam has become the fifth nation in the world authorised by the European Union (EU) to export insect-based food to the demanding market, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Litchi from Luc Ngan District in Bac Giang Province has become the first Vietnamese agricultural product to be given geographical indication by the Ministry of Agriculture, Forestry and Fisheries of Japan.
After serving over one million passengers last week the nation is now among the world’s top ten aviation markets, according to the latest statistics released by OAG, a global travel data provider based in the UK.