Credit growth in 2021 is estimated at around 12-13%, roughly the rate recorded in the same period of last year. Vietnam’s credit growth expanded from 8.72% as of October 29 to 10.1% at present, or around VND126.85 trillion (US$5.6 billion) has been injected into the economy in less than a month. A surge in credit […]
Read MoreA shift in Vietnam’s Covid-19 strategy to safe and flexible adaptation to the pandemic was the main factor behind positive economic performance during the month. New business registration in Vietnam surged by nearly 45% in November against the previous month to 11,902, which shows the positive recovery of economic activities one month after the country’s […]
Read MoreHÀ NỘI — Việt Nam’s foreign trade surged 22.3 per cent year-on-year in the first 11 months of this year to exceed US$599.1 billion, according to the General Statistics Office (GSO). The figure reached $59.7 billion in November, up 8.5 per cent month-on-month and 19.7 per cent year-on-year, the GSO announced on November 29. The […]
Read MoreHÀ NỘI — CPI increased by just 1.84 per cent in 11 months of 2021 from the same period last year, making it the smallest increase since 2016, according to the General Statistics Office (GSO). The main contributor to an increased CPI was rising petrol prices. Since November 2020, petrol prices increased by 30.32 per cent, which […]
Read MoreBy Tố Như & Hoàng Hà HÀ NỘI — The Ministry of Agriculture and Rural Development (MARD) expects to exceed its annual export target for agricultural, forest and fishery products, thanks to the restoration of production and business after the COVID-19 outbreak. “This year, MARD has predicted that the export turnover of agricultural, forest and […]
Read MoreThe Vietnamese air carrier is planning to open new routes connecting Los Angeles to Hanoi or Ho Chi Minh City. Vietnam Airlines, the fastest-growing carrier in Southeast Asia, begins its commercial nonstop flights to the US, marking a key development milestone of the Vietnamese flag carrier. The first commercial nonstop flight, No.VN98, from Ho Chi […]
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