Business

South Korea was among the three largest foreign investors in Vietnam during the past three years, according to the Vietnamese Ministry of Planning and Investment.

Almost 93 percent of German companies already operating in Vietnam will continue to invest in the country and over 64 percent of them expect their business to develop better in the next 12 months, a survey from AHK World

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

The Law on Support for Small- and Medium-sized Enterprises (SME) took effect on January 1, 2018, but its programmes have not provided adequate coverage to make any big difference.

Appropriate policies and regulations will help fully exploit untapped potential in developing blue sea economy, which plays an important role in socio – economic development of Vietnam, according to insiders.

The goal of maintaining inflation at 4% this year will be threatened unless viable solutions are introduced in a bid to rein in rapidly-increasing petrol prices, according to economic experts.

Vietnamese enterprises pumped nearly 340 million USD of total investment into new and supplemental capital ventures abroad in the first five months, down 38 percent year-on-year, the latest report by the Foreign Investment Agency revealed.

Standard Chartered Bank Vietnam has been named the “Most Inspiring Brand (Banking sector) in Vietnam” in 2022 by International Business Magazine.

Vietnam Airlines has become the first foreign carrier to resume flights to Busan since the Republic of Korea (RoK) restricted flights due to the COVID-19 pandemic.

Inflation control is one of Vietnam’s urgent tasks, given the country’s deep integration into the world economy and its dependence on material imports, Minister of Finance Hồ Đức Phớc said at the 15th-tenure National Assembly’s third session meeting.

Japanese news service Nikkei Asia has published an article detailing Apple’s plan to move some iPad production out of China and begin to operate in Vietnam after strict COVID-19 lockdowns in and around Shanghai have led to months of

The number of newly-established enterprises in the first five months of the year was 62,961, up 12.9 per cent over the same period in 2021, according to the General Statistics Office.

Experts have called for clarifying the legal status of tourism real estate properties such as condotels, tourism villas and shophouses to safeguard stakeholders’ benefits, helping revive the tourism sector.

Retail petrol prices have increased from 3 pm on Wednesday, marking a fifth consecutive rise.

Vietnam Airlines has announced that it had completed the sale of a 35 percent stake in Cambodia’s Angkor Air.

Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.

The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development.

The import-export value of foreign direct investment firms reached US$187.3 billion during the five months of the year, representing a year-on-year rise of 14.3%, with exports growing by 13.3% to US$98.8 billion, according to the General Department of Vietnam Customs.

Vietnam’s consumer price index (CPI) in the first five months of the year edged up 2.25 percent year-on-year while core inflation rose by 1.1 percent, according to the General Statistics Office (GSO).