Business

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).

The exports of aquatic products are expected to fetch 2.8-3 billion USD in the second quarter, a year-on-year increase of 36-38 percent, thanks to the strong growth of key products, according to Le Hang, deputy director of the Vietnam

Free trade agreements spurred Vietnam’s bilateral and multilateral trade, with 2022 revenues projected to hit a record 750 billion USD, according to experts.

People in the northern province of Bac Giang’s Tan Yen District are busy harvesting their early-ripening lychees.

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27.

S&P Global Ratings has upgraded its long-term credit rating on Vietnam to BB+ with a stable outlook on the back of its strong economic recovery and improved government institutional settings.

Organisations and individuals buying, selling and transferring real estate under two separate prices, meaning that the actual purchase price is lower than that on the notarised contract, has caused great losses of revenue to the State budget.

The Vietnamese economy recovered more slowly than the world economy last year, but the reverse is likely to be true this year.