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Economy

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Manufacturing and processing sector creates 300,000 new jobs every year

The manufacturing and processing sector creates more than 300,000 new jobs every year, contributing much to the country’s economic development, according to a report from the Ministry of Industry and Trade.

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Vietnam's 2021 budget deficit expected to reach 3.6% of GDP: Fitch

Fitch Solutions maintain forecast for Vietnam’s 2021 budget deficit (excluding debt repayment) to be 3.6 percent of gross domestic product, slightly lower than the government’s 4 percent estimate.

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Vietnam's 2021 economic growth expected at 6.8%: World Bank

Vietnam's GDP is expected to grow by 6.8 percent in 2021, thanks to the country's success in controlling the COVID-19 pandemic, Country Director of The World Bank in Vietnam Carolyn Turk said.