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Vietnam could achieve trade balance, or even a trade surplus this year, deputy head of the Ministry of Industry and Trade’s Agency of Foreign Trade said.

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The shift in global investment capital flows after the pandemic has been setting new requirements for the development of the industrial parks in the future.

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Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7% from 2022 onward, the World Bank has forecast.

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The East Asia and Pacific region's recovery has been undermined by the spread of the Covid-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the World Bank said on Monday.

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A virtual workplace platform named VCCI-Workplace was launched late last week by the Business Cooperation Council in Response to COVID-19

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Prime Minister Pham Minh Chinh on September 26 presided over an online meeting with representatives of the business circle and localities to discuss measures to continue supporting firms in the context of the COVID-19.

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The Vietnamese Embassy in Thailand, in collaboration with the Thai Embassy in Hanoi, co-organised a webinar themed “Vietnam-Thailand economic cooperation in response to the COVID-19 pandemic” on September 23.

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Many businesses in the Southwest region have maintained production to ensure export growth, despite having to apply social distancing measures due to the COVID-19 outbreak.

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Foreign investment into Vietnamese startups is predicted to increase although the pandemic has left negative impacts on the economy.

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The fourth COVID-19 outbreak has forced 13 southwestern provinces into strict social distancing for a prolonged period of time. Despite facing many difficulties, enterprises have managed to maintain production and exports, and many provinces have even recorded export growth compared to 2020.

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