Vietnam’s economic growth is forecast to reach 8% this year before falling to 6.5% in 2023. The strong growth has created a positive “platform” for investment and business activities, especially mergers and acquisitions (M&A). Full Article
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CPTPP still holds untapped potential for Vietnamese businesses 03/12
Vietnamese businesses have been increasingly interested in taking advantage of the trade agreement, the largest of its kind signed by the South East Asian country in recent years.
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Eleven-month CPI increases 3.02% year on year 29/11
The consumer price index (CPI) posted year-on-year growth of 3.02% in the first eleven months of this year while core inflation rose 2.38%, the General Statistics Office (GSO) revealed on November 29.
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Vietnam enjoys 10.6 billion USD trade surplus in 11 months 29/11
Vietnam recorded a trade surplus of 10.6 billion USD in the January-November period, the General Statistics Office announced on November 29.
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Macroeconomic and monetary policies key to improving economy 29/11
A volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past were among the major factors holding back Việt Nam's economic development, according to the Vietnam Center for Economic and Strategic Studies (VESS).
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Việt Nam lures over $25 billion in foreign investment in 11 months 29/11
Despite a decline of 18 per cent in newly registered capital to $11.5 billion, foreign capital disbursement saw a positive increase of 15 per cent to reach $19.68 billion in the January - November period.
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China expected to remain largest export market for Vietnamese pangasius in 2022 23/11
China is expected to stay the largest export market for Vietnamese pangasius this whole year: VASEP
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MoF continues to consider adjusting costs of petrol: expert 23/11
The Ministry of Finance (MoF) is taking steps to stabilise domestic gasoline prices and supply while removing difficulties for petroleum traders, said Nguyễn Tiến Minh Director of the MoF’s Price Management Department.
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Lack of orders plague export businesses 18/11
Several export businesses are facing a severe crunch of orders, especially in textiles, garments, footwear, and furniture.
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Petrol prices surge in latest adjustment 11/11
The retail price of RON 95-III bio-fuel almost reached 24,000 VND (0.97 USD) per litre from 3pm on November 11, following the latest adjustment by the Ministries of Industry and Trade, and Finance.
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MoIT orders inspections of gas stations suspending operations 07/11
The Ministry of Industry and Trade (MoIT) has ordered market surveillance forces to inspect petrol stations that have suspended operations and strictly deal with violations.
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Pessimistic outlook for maritime transport firms amid weak demand 07/11
Sea transport firms are going through a tough time as weak demand has begun to hamper maritime trade and freight rates are expected to fall towards Q1/2023.
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Economic recovery plan to boost national growth 24/10
Vietnam should focus on accelerating the disbursement of public investment and the economic recovery programme in the next two years to promote national growth, according to Le Thi Thuy Van, deputy director of National Institute for Finance under the Ministry of Finance.
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Vietnam to experience import, export difficulties by end of year: MoIT 24/10
High inflation in markets, especially the main export markets of Việt Nam, also reduces the demand for consumer goods.
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Fishery sector takes various measures to get EC yellow card removed 24/10
Việt Nam’s fishery sector is preparing for the visit by an EC delegation at the end of this month, during which they will inspect the fight against illegal, unreported and undocumented (IUU) fishing in the Southeast Asian nation.
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