Chủ đề: economic development

The government issued a Resolution on economic development in land border areas on March 2, with local socio-economic infrastructure to be gradually completed in a synchronous, interconnected, comprehensive, and modern manner. Vietnam has established 26 border gate economic zones on its borders with Laos, Cambodia, and China, as well as 267 industrial clusters in border areas.

Vietnam appears to be recovering quite slowly from the pandemic, and without a sufficiently large support package will fall behind. Many economists have therefore proposed economic support packages for 2022 and 2023 totaling VND445.76 trillion ($19.5 billion), or nearly 5.5 per cent of GDP.

Province targets making logistics a key factor in local development.

At the “Impacts of the Covid-19 pandemic on the economy and options for Vietnam” webinar, organized recently by the International Society of Vietnam Economists (ISVE), analysts said that the country must choose between economic damage now or in the future.