The year 2019 closed with remarkable achievements for Việt Nam's economy, building a steady foundation for sustainable development. The Vietnam News Agency has selected the top 10 outstanding economic events of the year.
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Vietnamese exports were projected to obtain the growth rate of 8 percent during 2019 with the estimated total turnover of US$263 billion.
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Prime Minister Nguyen Xuan Phuc has required Deputy Prime Ministers and Ministers to continue accompanying businesses and remove difficulties to help them achieve breakthrough development in 2020 and the following years.
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In 2019, the labour, invalids and social affairs sector has compleated three breakthrough goals on institutional construction, improving the quality of vocational education and developing the labour market.
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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and related tariff commitments have opened up multiple opportunities for Vietnam's export industries, with a range of key products including furniture, garments and footwear, experts have said.
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Despite lowering the economic growth forecast of Asia, the Asian Development Bank (ADB) revised the Vietnamese GDP growth forecast from 6.8 per cent to 6.9 per cent for 2019 and from 6.7 per cent to 6.8 per cent for 2020.
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The EU-Việt Nam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Việt Nam's logistics industry.
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June 7 was a special day for Vietnam. It marked the country’s convincing return to the UN Security Council with a near-unanimous vote: 192 out of 193 votes.
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Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the European Union Vietnam Free Trade Agreement EVFTA takes effect.
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Vietnam and Myanmar have issued a joint statement on strengthening their comprehensive cooperative partnership the occasion of Prime Minister Nguyen Xuan Phuc’s official visit to Myanmar from December 16-18 at the invitation of President U Win Myint.
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