Domestic consumption is one among three drivers for growth, besides investment and export, and is the only pillar which finished the target last year with the total...
One of the "keys" to economic development in 2024 is to stimulate domestic demand in tandem with increased output, but numerous hurdles remain.
The food industry is one of the key industries prioritized for development by the Government of Vietnam from now to 2025, with a vision to 2035, playing an important...
Việt Nam has been focusing on exporting fruits rather than meet domestic demand, leading to a monopoly by imports, analyst said.
The service sector was strengthened in July by a pickup in domestic tourism and domestic consumption, which helped the economy recover.
Last October, Vietnam’s Government pivoted from a “Zero Covid” approach to a “Living with Covid” approach, which drove a reopening boom.
Investment, export and domestic consumption are defined as three main pillars of the country's economic development in 2022, according to economist Vu Vinh Phu.
Some service sectors, such as tourism, transportation, and others, have been hit hard in 2021 due to strict movement control. However, it is expected to recover in 2022.
The estimated sale of Vietnamese cement products reached 70.7 million tonnes in the first eight months of 2021, up 4 percent year-on-year, in which, domestic consumption...
Public investment, exports, and domestic consumption continue would be the three key factors for Vietnam’s economy this year.
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