(VOVWORLD) - Vietnam’s GDP grew 2.12% in the first nine months of this year, the lowest growth rate of the past decade, the General Statistics Office announced in a recent report. But due to the COVID-19 pandemic’s impact on economies around the world, the S&P Global Ratings found Vietnam’s recovery to be the second strongest in Asia-Pacific.

(VOVWORLD) - Due to the COVID-19 epidemic, only 300,000 tourists visited Da Lat in August and September, down more than 60% from last year. The number of foreign arrivals fell 90%. Travel companies in the province are trying various ways to attract more tourists.

(VOVWORLD) - Previously, Binh Duong province only specialized in growing industrial trees. Now it has become an industrial hub and a leading province in attracting foreign direct investment (FDI), thanks to a prolonged effort to expand foreign relations to lure investors.

(VOVWORLD) - The EU-Vietnam Free Trade Agreement (EVFTA) took effect on August 1, 2020. The Vietnamese government, ministries, sectors, agencies, and businesses have all prepared to fully tap the EVFTA’s opportunities.

(VOVWORLD) - Although many economic sectors are hurting from the COVID-19 pandemic, Vietnam's wood industry has overcome the challenges and maintained its growth. Experts say Vietnam's wood export revenues are modest compared to their great potential.

(VOVWORLD) - The EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (IPA)took effect last month. The overseas business community, with a deep understanding of the host countries’ markets and much business experience there, serves as a great resource and important link to help Vietnamese businesses promote export.

(VOVWORLD) - For years, Dong Nai has accelerated international integration and expanded relations and investment cooperation in line with the Party and State foreign policy. This has enhanced Dong Nai’s status and image as a dynamic, innovative province.

(VOVWORLD) - Progress on disbursement of public investment for key transport projects, especially the North-South Highway, has increased. The transport sector aims to disburse 66% of its set plan by September. Thanks to prompt measures disbursement of six major public investment projects and five projects under the public-private partnership model of the transport sector is expected to be completed by 2022.

(VOVWORLD) - Vietnam’s e-commerce growth has averaged 30% a year in recent years. Because of the coronavirus pandemic, Vietnamese businesses are conducting promotions, marketing campaigns, partner searches, and sales transactions online.

(VOVWORLD) - Vietnam earned more than 6 billion USD from timber and wood furniture export in the first seven months of this year, up 6% against last year despite the COVID-19 epidemic.