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Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery stated economist Nguyen Minh Phong. The World Bank in its monthly macro-economic report in released in October stated Vietnam’s economic recovery appears to be firming up and becoming more broad based, while inflation could be tamed under 4%. GDP growth could reach 2.5– 3.0% in 2020. Explore some highlighted news this November to find out optimimism of Vietnam economic rebound below.
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Tax reduction on car parts to support domestic automotive industry
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The Government has had preferential policies for automobile manufacturers that meet the conditions on production and assembly. Accordingly, automobile manufacturers will receive a zero-percent import tax on imported car parts that domestic manufacturers cannot produce. ...
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Vietnam's factory activity continues recovering
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Vietnam earned an estimated trade surplus of US$2.2 billion in October and consequently a record surplus of US$18.72 billion in the January–October period.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 51.8 in October, down marginally from 52.2 in September, but still signaling an improvement in the health of the sector as business conditions..
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Vietnam boosting economic ties with the US, Japan and Australia
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Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said...
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Ten-month FDI attraction of Vietnam reaches over US$23 billion
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As of October 20, the total foreign direct investment (FDI) into Vietnam reached US$23.48 billion..
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Apple’s shifting supply chain creates boomtowns in rural Vietnam: Bloomberg
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Not long ago Vietnam’s Bac Giang province was one of the nation’s poorest regions, known for producing rice...
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Vietnam trade surplus hits new record of US$18.72 billion in 10-month
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Overall, Vietnam's trade turnover is likely to reach US$439.82 billion...
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MTA Vietnam will mark its 18th edition from 07 to 10 July 2021 at Saigon Exhibition & Convention Center - SECC, 799 Nguyen Van Linh, District 7, HCMC, Vietnam. MTA Vietnam 2021 is considered as the highest value trade event on Vietnam’s manufacturing calendar which is highlight of precision engineering, machine tools & metal working. The show will take over the entire venue with 16,000 square meters and 520 exhibiting companies from 22 countries/regions and 13 international group pavilions, all of them will present their best to 13,000+ industry professionals and buyers.
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CONTACT US FOR FURTHER ASSISTANCE
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10 fl, Ha Phan Building 17-17A-19, Ton That Tung St, Dist. 1, HCMC, Vietnam
📞+84 28 3622 2588
📩 mtavietnam@informa.com
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https://emarketing.www.8xbethub.com/u/114PBo1XTj9PN
