Business

The demand for imported meat and meat products is unlikely to skyrocket in 2022, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.

Competent authorities of Vietnam have sent a diplomatic note to relevant ministries and agencies of Italy, requesting a quick investigation into a suspected scam involving 100 containers of Vietnamese cashew nuts exported to Italy.

Two real estate projects with around 100 villas are being illegally carried out in a forest in the Central Highlands province of Lam Dong.

Airlines are beginning to show clear signs of recovery, according to the securities firm Viet Capital Securities (VCSC).

Vietnam will build another oil refinery, the third of its kind, to ensure a sufficient supply of petroleum products for local consumption, said Deputy Prime Minister Le Van Thanh.

The southern central province of Binh Dinh licensed 11 new investment projects in the first two months of this year worth a total capital of VND1.15 trillion (USD49.56 million).

VinaCapital, one of Vietnam’s most experienced asset management companies, has forecast that the country’s GDP growth rate this year is likely to expand by 6.5%, or 1% lower than its previous forecast.

The industrial real estate market is expected to boom thanks to good signs in foreign direct investment (FDI) and the resumption of international flights, predicted experts from Savills Vietnam.

Hanoi Railway Transportation JS Company has offered attractive discounts for passenger groups on different routes.

Many seafood shipments exported to China have been returned due to carrying the SARS-CoV-2 virus.

There is still ample room for domestic credit card (DCC) growth since the number of DCC holders is relatively low in Vietnam, according to experts.

Vietnamese enterprises should prepare to deal with ramifications of the ongoing Russia-Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say.

The Canadian Border Services Agency (CBSA) has launched an anti-dumping probe and review into oil country tubular goods (OCTG) imported from India, Taiwan (China), Indonesia, the Republic of Korea, Thailand, Turkey, and Vietnam.

PM Pham Minh Chinh has demanded favourable mechanisms be issued to facilitate public - private partnership in infrastructure building, so as to boost the development of the Van Phong Economic Zone.

The World Bank (WB) on March 11 released its brief updating Vietnam’s economic development in March, stating that the economy continues to show resilience and is recovering although downside risks have heightened.

Petroleum prices in Vietnam rose from 3 pm on Friday, marking the seventh consecutive increase since December 25, 2021.

A range of attractive tourism products will be launched during the Lam Dong Tourism Week 2022 scheduled to take place in April.

Budget airlines Vietjet Air and Bamboo Airways have recently resumed several international air routes in order to meet the increasing demand for travel among people both in Vietnam and abroad.

Taiwan (China), Japan and the Republic of Korea (RoK) have re-opened their labour makets to Vietnamese labourers and apprentices, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA)’s Department of Overseas Labour Management.