Minister of Information and Communications Nguyen Manh Hung says that the portion of the digital economy to GDP by the end of 2023 may reach over 17 percent, and with good solutions to stimulate the economy, the figure may reach 25 percent by 2025. The analysis of 12 economies in Asia Pacific conducted by Access […]
Read MoreSome 77 per cent of Vietnamese consumers believe they could go cashless for three days, according to a new survey by Visa entitled “Consumer Payment Attitudes Study 2022”. HCM CITY — Some 77 per cent of Vietnamese consumers believe they could go cashless for three days, according to a new survey by Visa entitled “Consumer Payment Attitudes Study 2022”. […]
Read MoreRapid expansion of foreign food and beverage (F&B) chains in Việt Nam was making the domestic market more robust despite the trend of tightening spendings in a global downturn. HÀ NỘI — The rapid expansion of foreign food and beverage (F&B) chains in Việt Nam was making the domestic market more robust despite the trend […]
Read MoreIn Q1/2023, over 149,000 workers were rendered jobless on the unfavorable economic situation, up 13 per cent quarter by quarter. HÀ NỘI — Layoffs could run until the end of 2023 as firms continue to trim their ranks in line with slumping global demand, experts said. According to the Private Economic Development Research Board (Board […]
Read MoreHANOI: Vietnam’s manufacturing sector continues a declining path with economists and industry insiders saying weak demand is a major contributor, according to a report published by S&P Global. They said output and the number of new orders have decreased sharply with companies looking to cut jobs and reduce purchases. The report said the South-East Asian […]
Read MoreHANOI: Vietnam needs to prioritise growing the economy with inflation under control and its export-dependent businesses struggling with declining orders, says Prime Minister Pham Minh Chinh during the government’s monthly meeting last Saturday. Inflation in May quickened 2.43% from a year ago, the lowest level in 14 months, according to government data. But the government […]
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