Economy

The Vietnam Textile and Apparel Association is committed to promoting the sector’s sustainable development with the aim of raising the living standards of its employees under the UN’s Sustainable Development Goals.

Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.

Vietnam will record positive economic growth in 2021, at around 6-7 percent, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign.

At this time, farmers in the southern districts of Long An province such as Thu Thua, Tan Tru, Chau Thanh and Tan An city, and so on are entering the stage of harvesting the Winter-Spring rice crop 2020-2021.

The PetroVietnam Exploration Production Corporation, a subsidiary of the Vietnam Oil and Gas Group, contributed nearly 2.3 trillion VND to the State budget in the first four months of 2021.

The number of new enterprises established in the first four months of 2021 rose 17.5 percent from a year earlier, the fastest growth since 2017, and it increased in all economic sectors, according to the General Statistics Office.

Masan Group Corporation's consolidated net revenue increased by 13.3 percent in Q1 to 19.977 trillion VND, primarily due to double-digit organic growth in its branded consumer and meat businesses and 178.2 percent growth.

Vietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company.

Vietnam’s index of industrial production in April is estimated to rise by 24.1 percent year-on-year, driven by the positive impact of free trade agreements.

In Hanoi, the National Quality Award Ceremony and Asia-Pacific International Quality Awards in 2019 and 2020 have just taken place.

Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high, data of the General Statistics Office shows.

After 5 years of implementation, the project "Sustainable agriculture transformation in Vietnam" of Long An province in the period of 2016-2020 has changed farming practices.