Though there will be pressure on inflation in 2022, experts forecast it will remain under control and the National Assembly's target of 4 percent target is still feasible.
The northern province of Lang Son has called for the transportation of goods to local northern border gates for export to China from now until the Lunar New Year due to slow customs clearance.
The inflation rate for 2022 will be within reach of around 2% to 3%, lower than the 4% target set by the National Assembly (NA), according to forecast made by various experts and managers.
The Regional Comprehensive Economic Partnership, which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.
2021 presented a bonanza year for Vietnam’s stock market as its benchmark VN-Index rose nearly 36%, making it into the top 10 benchmark indexes in the world.
The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office.
The Ministry of Agriculture and Rural Development has taken synchronous measures in order to remove the European Commission’s “yellow card” warning against illegal, unreported and unregulated fishing in Vietnam next year.
Despite the negative impact of the COVID-19 pandemic in 2021, Vietnam and the United States have enjoyed positive growth in their trade exchanges, with bilateral trade value hitting a record high of US$100 billion.
The Vietnam Trade Office in Sweden and North Europe plans to take European food importers to Vietnam to buy goods this year while popularising more Vietnamese products in the area.
The Ministry of Construction (MoC) has requested the People's Committees of provinces and centrally-run cities to strengthen the management of the domestic real estate market, controlling the risks of a property market bubble.
Foreign investors maintain an optimistic outlook for Vietnam’s economic growth next year though the country suffered a challenging 2021 as it was hit hard by the pandemic, according to an article posted on the website Vietnam Briefing of Dezan
The public investment disbursed in 2021 has reached 77.3 percent of the target set by the Prime Minister, lower than the rate of 82.66 percent recorded last year, according to the Ministry of Finance (MoF).
Vietnam raked in approximately US$950 million from exporting 260,000 tonnes of pepper this year, becoming the world’s largest supplier of pepper despite facing challenges relating to the COVID-19 pandemic, according to data given by the Vietnam Pepper Association.
Vietnam’s gross domestic product in 2021 is estimated to expand by 2.58 percent from the previous year as the COVID-19 pandemic has imposed adverse impacts on all fields of the national economy, according to the General Statistics Office.
Pingxiang City in China has temporarily suspended the import of dragon fruit from Vietnam through Huu Nghi Border Gate in the northern province of Lang Son Province.