Viet Nam’s GDP Per Capita is Expected to Increase to Around US$4,700-5,000 in the Next Five Years

Viet Nam expects to move out of the low middle-income status by 2025, according to the Resolution of the 13th National Congress of the Communist Party of Viet Nam. It will become a upper-middle income country by 2030 and gain developed and high-income nation status by 2045. These are the key time milestones as the

By |2021-02-28T12:35:19+03:00February 28th, 2021|Categories: Economy|Tags: , , , |0 Comments

VietNam to Buy 30 Million Doses of UK’s Covid-19 Vaccine

Viet Nam is in talks with four countries, namely the UK, the U.S., Russia, and China to buy Covid-19 vaccines, said Deputy Minister of Health Truong Quoc Cuong. Among the four countries, Viet Nam has reached an agreement with the UK-based vaccine producer AstraZeneca to guarantee the supply of 30 million doses for 15 million

By |2021-01-04T17:12:07+03:00January 4th, 2021|Categories: News|Tags: , , , , |3 Comments

VietNam may Become Upper-Middle-Income Country in 2023

The Japan Centre for Economic Research (JCER) has predicted that Viet Nam will become an upper-middle-income country in 2023, and its GDP going onto surpass Chinese Taipei by 2035. The JCER recently released a medium-term forecast of Asian economies entitled “Asia in the coronavirus disaster: Which countries are emerging?”, which addresses the impact of the

JOINT LEADERS’ STATEMENT ON THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) Agreement is an agreement to broaden and deepen ASEAN’s engagement with Australia, China, Japan, Korea, and New Zealand. Together, these RCEP participating countries account for about 30% of the global GDP and 30% of the world population. The objective of the RCEP Agreement is to establish a modern, comprehensive,

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