Inflation will apparently become one of the key words of 2022. As it exerts impact on other macroeconomic variables, while it has to bear pressure and influence from other factors, inflation and its forecasts have aroused bitter controversy among economists and analysts. In a recent report on Vietnam, Standard Chartered projects the country’s gross domestic product […]
Read MoreWith the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond. Work has become quite busy at a section of road to lengthen Nguyen Van Huyen road in Hanoi’s Xuan […]
Read MoreCash has been flowing to bank shares amid the VN Index decline and the sale of shares in other business fields. The stock market witnessed a sharp fall in the first trading session of the week with the VN Index losing 33 points. Analysts say the decreases would have been even sharper if bank share […]
Read MoreVietnam is a rising star of Southeast Asia start-up scene and will become the third-largest ecosystem in the region in 2022, according to venture fund Nextrans Vietnam. A report by Nextrans said that there were about 3,800 start-ups in Vietnam, of which four were unicorns and 11 were valued at over $100 million. Last year, […]
Read MoreThe World Bank has recommended 20 actions that address three priority themes for Vietnam’s successful offshore wind industry. The ‘Offshore Wind Roadmap for Vietnam’ report is the outcome of a study that followed an invitation from the Vietnamese Government to the WB. It was carried out from February to October 2020. According to the WB, […]
Read MoreA lower value-added tax is seen as instrumental to promote business/production activities at a time of economic hardship due to the Covid-19 pandemic. Vietnam’s state budget would see a decline by over VND49 trillion ($2.1 billion) this year as the Government will cut the value-added tax (VAT) rate to 8% from the current 10% to […]
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