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In the first quarter of 2024, Vietnam’s economy expanded 5.7% year on year. While that was faster than the 3.4% growth reported the previous quarter, it was still a lower-than-expected result ...
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
"Vietnam is already a market economy," said Ted Osius, head of the U.S.-ASEAN Business Council, which backs the upgrade. "It has met key criteria such as currency convertibility and is ready for ...
It also programs and plans economic management mechanisms and policies for the national economy, for specific sectors as well as for domestic and foreign investments. Foreign investment in Vietnam is governed under the Law on Foreign Investment and its related regulations, decrees and circulars. The four main types of foreign investments in ...
It belongs to Vietnam Meteorological and Hydrological Administration (VMHA) under the Ministry of Natural Resources and Environment with authority to issue forecasting/warning information for weather, climate, hydrology, water resource, marine weather (i.e. hydro-meteorology) and provide hydro-meteorology services. [1]
Vietnam’s president resigned in the latest episode of the ruling Communist Party's “blazing furnace” anti-corruption campaign, and Vice President Vo Thi Anh Xuan was named acting president.
The Vietnam Economic Times is a monthly newspaper of Vietnam, covering national business and economic issues. [1] It is published in both Vietnamese and English and has been published online since at least 1997.
According to Vietnamese economist Vo Nhan Tri, Vietnam's post-reunification economy was in a "period of transition to socialism". [1] The process was described as consisting of three phases. [ 1 ] The first phase, from 1976 through 1980, incorporated the Second Five-Year Plan (1976–80)--the First Five-Year Plan (1960–65) applied to North ...