Business News

At a conference reviewing the three years of implementation of Government Resolution 120 dated November 17, 2017 on climate resilient and sustainable development of Mekong River Delta, Prime Minister Nguyen Xuan Phuc talked about a new strategic viewpoint involving eight “Gs” on the development of the Delta.

According to the city Department of Industry and Trade, the city’s index of industrial production (IIP) grew by 6 per cent in the first two months of the year, despite a fall of 24.6 per cent in February as business establishments closed for the Lunar New Year.

In the second half of February, the country’s imports totaled US$11.4 billion, up 23% from the first half of the month. The import of machines, equipment and tools rose by 22.9%, while the purchase of plastic materials soared by 61.7% against the figure seen in the first half of February.

In its 2020 Article IV Consultation report with Vietnam, the IMF said the country’s growth is projected to strengthen to 6.5 percent, as normalisation of economic activity continues, businesses recover, and private consumption and business investment rebound.

With its relatively impressive economic growth last year, Vietnam is garnering some high-profile optimism from the international community in terms of a strong recovery this year, with the private sector to having an even bigger role to play.

1. Crane and machinery supply and transport
2. Pile top welding tables supply-bid extend
3. Electric equipment and materials supply
4. Distribution substation supply and transport
5. Standby DR site system supply-bid cancel
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With its relatively impressive economic growth last year, Vietnam is garnering some high-profile optimism from the international community in terms of a strong recovery this year, with the private sector to having an even bigger role to play.

The industrial production index in the first two months of 2021 was up 7.4%, according to the General Statistics Office.