Business

Vietnam’s logistics industry has yet to have its potential fully tapped, and the country needs timely solutions to meet the surging demand for logistics infrastructure.

Customers can now enjoy coffee being served in bed in HCM City.

A total of 285.4 trillion VND (12.18 billion USD) sourced from the State budget was disbursed in the first eight months of 2022, equal to 51% of the yearly plan and up 16.9% year-on-year.

Vietnamese shrimp exports to the United States and China in July fell by 54% and 17%, respectively, against the same period last year, according to data given by the Vietnam Association of Seafood Exporters and Producers.

The number of newly-established enterprises and those resuming operations in the first eight months of this year surpassed 149,450, up 31 per cent year-on-year and marking the highest level for the period.

Vietnam has enjoyed a trade surplus of 3.96 billion USD in the first eight months of 2022, the General Statistics Office announced on August 29.

Vietnam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Vietnam report.

Vietnam’s consumer price index in August increased slightly by 0.005% from the previous month, 3.6% against December 2021, and 2.89% year-on-year, the General Statistics Office has announced.

Many flights, particularly those to popular domestic tourist destinations, have been fully booked for the National Day, September 2, holiday.

The Vietnam International Aviation Expo 2022 will take place at the National Convention Centre in Hanoi on September 15 -17, according to the Vietnam Aviation Expo JSC.

The first-ever Vietnam Innovators Summit will be organised in November, featuring high-level executive networking with informative and carefully curated activities aimed at providing a space for insight-sharing on Vietnam’s continuous growth over the years, even amidst the pandemic.

Mergers and acquisitions in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

Two local seaports have been named among the top 49 biggest & busiest container ports this year, as complied by World Shipping Council, a global organisation headquartered in Washington, Brussels, and Singapore.

Vietnam raked in nearly 16.8 billion USD in foreign direct investment as of August 20, down 12.3% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

This year national GDP is expected to exceed the annual target due to the high momentum recorded during the first quarter of the year, according to insider experts.

Vietnam Startup Day 2022 kicked off in Ho Chi Minh City on August 25, attracting the participation of 150 Vietnamese and international startups.

The southern province of Tra Vinh is calling for investment for nine tourism projects valued at VND4 trillion (USD172.41 million).

The southern province of Dong Nai’s Department of Transport has proposed extending the Ben Thanh-Suoi Tien metro project to Bien Hoa 1 Industrial Park.

Dairy producers faced lower profit in the second quarter of 2022 due to weaker demand and high materials prices.