While favourable base effects partly explained the surprisingly high growth, the level of exports nonetheless returned to the pre-Delta variant level. Among the most affected sectors, textiles have gradually recovered (up 25% y-o-y), but the footwear industry is still impacted (down 14% y-o-y).
Amidst the aftershocks of the pandemic, Vietnam’s healthcare sector must take stock in immediate opportunities and challenges to better serve Vietnamese people.
This year, Vietnamas garment exports are estimated at US$39 billion, representing an increase of 11.2% year-on-year and 0.3% higher than the figure in 2019.
Fading protection in 2021. Vietnam’s ability to guard against external risks has been strong over the years, thanks to its shift to a current account surplus, as its trade surplus widened. However, the protection is fading in 2021.
Fitch’s ratings are driven by the institutional support from100% shareholder, Standard Chartered Bank, for Standard Chartered Vietnam given itsimportant role in the group's broader South-East Asia strategy.
(VAN) Minister Le Minh Hoan believed that there is a need to put Central Highlands coffee into reconsideration in all stages: harvest, processing, production.
Starting January 1, fully vaccinated travelers coming to Vietnam will be allowed to do a 3-day home quarantine, four days shorter than previously implemented.
As global supply chains continue to experience disruptions since the outbreak of COVID-19, companies are increasingly looking to adopt a holistic approach to supply chain management.
Of the 21,631 Vietnamese students enrolled in higher education in the United States, 70.6 percent were undergraduates, 15.6 percent were graduate level students.
Despite a small and rather cautious first step, this has key implications for the economy, particularly its reeling labour market and shrinking current account advantage.
Fitch Ratings has assigned Vietnam-based Phat Dat Real Estate Development Corp (PDR) a first-time Long-Term Issuer Default Rating (IDR) of 'B'. The Outlook is Stable.
With a planned budget of up to $2.9 million provided by USAID, this three-year project aims to protect key coastal habitats in the Mekong Delta region of Vietnam to increase the sustainability of fisheries, enhance climate change adaptation, and improve biodiversity conservation.