Việt Nam News

As long as the reforms are kept on track, the RCEP will be the new driver for the economy to speed up the recovery process and later thrive in the post-pandemic period by further integrating into regional value chains. 

Domestic and international demand for Vietnamese coffee continues to grow, thanks in no small part to the Việt Nam Coffee and Cocoa Association (Vicofa), who are determined to ensure that this trend continues. 

The State Bank of Việt Nam (SBV) and the State Treasury of Việt Nam have injected hundreds of trillions of Vietnamese đồng into the market through foreign currency purchases from commercial banks.

Even though business activities were disrupted nationwide for many months in 2021, due to social distancing orders to prevent the outbreak of COVID-19, the number of successful merger and acquisition (M&A) deals rose compared to 2020.

Three more members have been added to a Domestic Advisory Group (DAG) established under the EU-Việt Nam Free Trade Agreement (EVFTA), pushing the total number of official members to six.

On a brighter note, the timely implementation of Resolution No 128/NQ-CP which promoted provisional regulations on safe, flexible adaptation to and effective control of COVID-19, made a great contribution to resuming domestic production.

According to the Ministry of Transport, the railway and aviation segments reported negative growth in 2021 due to the impacts of the pandemic.

Vietnamese stock market is expected to make a remarkably strong recovery in 2022, fueled by expectations of a period of strong growth after vaccines are widely distributed and the economy fully reopens, analysts said.

With people forced to tighten their purse strings due to the impacts of the COVID-19 pandemic, Tết gift hamper sellers have switched to predominantly local products to ensure prices remain affordable.

The first regular commercial international flight operated by Vietnam Airlines in nearly two years since the outbreak of the COVID-19 pandemic landed safely at Tân Sơn Nhất Airport in Hồ Chí Minh City at 6:45pm on January 1. Vietjet also operated one from Japan to Hà Nội the same day.

Due to the increasing prices and reducing availability of land, many housing projects in HCM City are lowering green space.

The real estate market is witnessing a boom in land plots for sale in many provinces as new projects are rolled out in large numbers.

Despite the recent backlog of vehicles at customs posts, China was still the largest consumer of Vietnamese fruit and vegetables in 2021. 

Việt Nam needs to start an economic recovery programme soon to achieve the economic growth target of 6-6.5 per cent in 2022 as set by the National Assembly, experts have said.

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.

The Vietnamese economy is facing unprecedented challenges and opportunities, and approaching them needs to innovative and appropriate. With this in mind, the Việt Nam Chamber of Commerce and Industry (VCCI) has set out its mission and goals for the 2021-2026 period. 

The stock market finished higher on the last trading day of 2021, with the VN-Index inching closer to 1,500 points level on the back of pillar stocks. 

Vicostone Joint Stock Company (HNX: VCS), a member of Phenikaa Group, posted respective year-on-year increases of 11.76 per cent and 2.48 per cent in its net revenue and pre-tax in the fourth quarter.