The spectre of rising inflation haunts the Western world, very much blunting the joy over vaccine rollouts. In contrast, worry is building that Việt Nam is set to experience the opposite for the first time.
It looks like Việt Nam will truly be back with a vengeance in 2021 and posting the kind of growth figures that have brought it to global attention in recent years.
There have been lots of opportunities to make impressive returns during this strangest of years, if you’ve been able to forecast the weather accurately and be nimble in realigning your holdings to new realities.
Now, with President Donald Trump soon to depart, we are left wondering whether Biden and his policy decisions will prove to be a boost to Việt Nam – and fulfil his supporters’ hopes as “Leader of the Free World”.
One of the most striking contrasts is how patient the Vietnamese have been as a people in their struggle towards independence and prosperity, versus how they tend to behave as individual investors now.
Organisations happy to submit to proper due diligence are capitalising on how this increases interest from international investors.
The Ministry of Finance has estimated that tax revenues will fall by about VNĐ23 trillion for this year as a result.
Nations all around the world are scrambling to get their children back to some semblance of normality, so they can catch up on all the learning lost to forced school closures.
Although COVID-19 is sadly still raging in some parts of the world, countries that have dealt with it effectively can now look to the future