Vietnam’s economy is forecast to grow beyond expectation in 2022 as domestic demand rebounds and foreign direct investment (FDI) inflows remains stable. Most forecasts by foreign investment funds show that Vietnam’s GDP growth is likely to increase by 7.5 percent in 2022. However, it is not too surprising if the economy will grow at a […]
Read MoreVIETNAM has been a bit of a darling of Asean in recent years. Between favourable fundamentals such as a young and large population and competitive labour costs, the country has been one of the main benefactors from tensions between US and China, with many manufacturers turning to Vietnam as an alternative to China or as […]
Read More7.5 million farming households to be connected to Postmart.vn The Vietnam Post Corporation (VNPOST) will cooperate with the Central Committee of the Vietnam Farmers’ Union (VFU) to support 7.5 million farming households to introduce free of charge their products in its e-commerce platform Postmart.vn in 2022. Deputy General Director of VNPOST Nguyen Kien Cuong said […]
Read MoreVietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8% earlier this month – a move that cost the State budget $2.2 billion but, along with other support, is expected to help boost the pandemic-hit economy. This policy is not new in Vietnam – the country did a similar move in 2009 to […]
Read MoreVietnamese pharmaceutical firms have seen share prices increasing sharply as Covid-19 cases spread with tens of thousands of new infections reported daily. The Vietnamese stock market is seeing the strong rise of some shares despite the Russia-Ukraine crisis. Banking, retail, oil and gas, and pharmaceutical company share prices are increasing, which are helping the stock […]
Read MoreA recent report by Batdongsan.com.vn shows that Vietnam has the highest percentage of people planning to buy a house in Southeast Asia. Up to 92% of more than 1,000 respondents said they planned to buy a house, and over half of them wanted to buy a house within the next two years, mainly those aged […]
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