Business

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.

As many as 218 companies have won the “Prestigious Export Business” title for 2021, according to the list unveiled by the Ministry of Industry and Trade on December 5.

The International Finance Corporation, a member of the World Bank Group, has proposed a total investment of 320 million USD in three Vietnamese banks, reported the Nikkei Asia.

Businesses have been struggling to maintain and support their workers as the Lunar New Year approaches.

Thai Vietjet on December 2 resumed the only direct service between Da Lat, the city of flowers, and Thailand’s Bangkok capital after nearly three years of suspension due to the COVID-19 pandemic.

Vietnam saw nearly 194,700 newly established and re-operating enterprises in the first 11 months of 2022, according to the Ministry of Planning and Investment.

Cat fish exports have posted the strongest growth among fishery products so far this year, according to the Vietnam Association of Seafood Exporters and Producers.

Bespin Global, a cloud delivery platform company, has announced that its Vietnamese subsidiary ‘Bespin Global Vietnam’, signed an MOU with Daewoo E&C’s Vietnamese subsidiary ‘THT Development’ and 'PI.EXCHANGE', a deep-tech company based in Vietnam and Australia, to develop the

Petroleum products prices decreased from 3 pm today, December 1, marking the second consecutive fall since November 21.

The disbursement of foreign direct investment in Vietnam went up 15.1% between January and November to some 19.68 billion USD, the highest 11-month figure over the past five years.

More than 122,000 Vietnamese went to work abroad in the first 11 months of this year, achieving 135.56 percent of the year's target, according to the Ministry of Labour, Invalids and Social Affairs.

There were no new IPO deals in Vietnam in the third quarter of 2022, according to recent data from Deloitte, as the figure was only counted in the first half of the year.

Ho Chi Minh City is an attractive investment destination for Japanese businesses thanks to its both development potential and mechanism to accompany and support investors.

Surmounting difficulties to boost economic recovery, Vietnam is expected to post a foreign trade record of 780 billion USD in 2022.

Enterprises are hoping for more policies to help them overcome financial difficulties, maintain operations and to take advantage of post-pandemic recovery opportunities.

Vietnam recorded a trade surplus of US$10.6 billion during the past 11 months of the year, while the consumer price index recorded annual growth of 3.02%.

Vietnam received US$25.1 billion in foreign investment in the first 11 months, up 0.5 per cent month-on-month but down 5 per cent year-on-year, the Foreign Investment Agency has said.

Prime Minister Pham Minh Chinh attended the Green Economy Forum & Exhibition 2022 held by the European Chamber of Commerce in Vietnam in Ho Chi Minh City on November 28.