Foreign-invested companies continue to be the main driving force for Vietnam’s exports by making up 73.4% of the total foreign trade revenue, or $65.36 billion. Vietnam continued to show positive trade performance during the first three months of 2022 with a trade surplus of US$1.46 billion, according to data from the General Department of Vietnam […]
Read MoreThe GDP growth in the first quarter of 2022 is estimated to increase by 5.03% year-on-year, higher than that of 2020 and 2021, marking a return to a 5% growth or more after many difficult years. Inflation also remains under control with the Consumer Price Index (CPI) increasing by 1.92% over the same period last […]
Read MoreThe proportion of adults using smartphones in Vietnam is 73.5%. Vietnam aims to increase the rate to 85% by the end of 2022, according to the draft National Digital Infrastructure Strategy to 2025 and the 2022 plan. According to the Department of Telecommunications (of the Ministry of Information and Communications), by the end of 2021, […]
Read MoreVietnam has among the lowest costs of doing business in its neighbourhood, with only Cambodia and Myanmar being cheaper, business transformation consultancy TMX has said in a report. “The Great Supply Chain Migration – Breaking down the Cost of Doing Business in Asia” says Vietnam has average operating costs of $79,280-209,087 a month. Its average […]
Read MoreAccording to the World Economic Forum’s rankings, Vietnam’s gender equality ranking has been falling since 2006, from 65th to 77th in 2018 and 87th in 2021. Quickly placing her sleeping child on the bed, Mrs. Le Minh Thuy Vy, 23, in Tan Binh district in Ho Chi Minh City rushed to clean up the room […]
Read MoreVietnam’s Ministry of Industry and Trade (MoIT) has issued a circular stipulating the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022. Circular No. 06/2022/TT-BCT specifies import quotas for rice and dried tobacco leaves originating from Cambodia that are entitled to special preferential import tax rates in […]
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Thailand
