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800 real estate trading floors in Vietnam shut down due to COVID-19 pandemic
Created On: 01/05/2020
800 of the country's 1,000 real estate trading floors have closed temporarily due to a sharp plunge in customer demand and signs of an impending economic downturn.
Three decades of investment attraction victories in Vietnam
Created On: 01/05/2020
Since the issuance of Vietnam’s Law on Foreign Investment in 1987 right after the doi moi policy was adopted, Vietnam has continuously revised its policies to keep improving the opportunities for international investors. Thomas Treutler, managing director of the Vietnam offices of Tilleke & Gibbins, pores over the country’s highlighted reforms over the past three decades.
First 4 months of 2020: FDI attraction reaches 12.33 billion USD (Infographics)
Created On: 01/05/2020
Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Ke Go Lake, a charming green oasis in the land of Ha Tinh
Created On: 01/05/2020
Located within the immense forest and mountain area in Ha Tinh and holding a poetic and peaceful beauty, Ke Go Lake has been long established as an ecotourism destination that attracts many tourists from near and far.
Most tourism firms forecast 80 per cent revenue drop
Created On: 23/04/2020
More than three-quarters of tourism firms expect their revenue in the second quarter to fall more than 80 per cent from the same period last year due to the COVID-19 pandemic.
Vietnam’s real estate inventory surges 38% on legal obstacles, coronavirus
Created On: 19/04/2020
When the real estate legal challenges have not finished, property developers get a harder hit from coronavirus outbreaks.
Covid-19 impact: More than 1,500 HCMC businesses dissolved
Created On: 19/04/2020
The first quarter saw a 54.5 percent year-on-year surge in the number of HCMC enterprises completing dissolution procedures.
Vietnam targets annual GDP growth of 7 percent over next five years
Created On: 19/04/2020
In his direction of socioeconomic development during the 2021-2025 period, Vietnamese Prime Minister has planned to target annual gross domestic product growth of 7 percent.
IMF projects Vietnam’s 2020 economic growth slowing to 2.7% on coronavirus
Created On: 19/04/2020
Vietnam is expected to enjoy 2.7% GDP growth in 2020, a much lower rate than the 6.8% target placed earlier since the country implemented necessary social distancing practices to contain coronavirus pandemic.
Fitch slashes Vietnam’s 2020 growth outlook from 3.3% to 2.8%
Created On: 19/04/2020
Fitch Ratings Inc. has revised down Vietnam’s economic growth outlook for this year by 0.5 percentage point to 2.8 percent, below the Bloomberg consensus of 6.1%.
Three more Vietnamese beat Covid-19
Created On: 15/04/2020