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Economy

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State-owned companies accumulate $505 mln losses

Vietnam's 11 largest state-owned corporations had accumulated losses of VND11.46 trillion ($505 million) as of last year.

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Despite pandemic, EU-Vietnam free trade pact boosts two-way trade

Despite the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement, which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn.

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World Bank lowers Vietnam’s 2021 economic growth to 2 – 2.5%

With the negative growth in the third quarter, Vietnam's GDP growth rate for 2021 could reduce, World Bank said in a recent report.

  • Exports up 25.5 pct in seven months

    Vietnam gained $185.33 billion from exporting commodities over the last seven months of 2021, a year-on-year increase of 25.5 percent, according to the General Statistics Office.