Việt Nam’s wood industry continues to grow this year
In a recent report, HSBC adjusted its prediction for Việt Nam's inflation this year from 2.7 per cent to 3 per cent, a slight increase but with negligible risk as the economy has shown signs of a strong rebound in the making.
At the end of Q2, the market will assess the pressure of assets tapering by Fed and other central banks, as well as interest rate hikes at the end of the year in Việt Nam. This could be the reason for the strong fluctuation in the stock market.
Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Việt Nam operations despite pandemic impacts.
More than three in five (67 per cent) users of digital banking and e-wallet apps in Southeast Asia prefer one-time-passwords by SMS for every transaction, a recent Kaspersky research has found.
In contrast to the slump before Tết, Vietnamese agricultural produce is soaring in price, bringing huge profits to any firm that has been keeping its fruit in cold storage.
With an overall brand value growth of 49 per cent, Việt Nam’s banking sector is one of the fastest growing in the world, according to Brand Finance’s latest report on the most valuable and strongest banking brands globally.
GS Inima Environment, the water treatment subsidiary of Spain-based GS Engineering and Construction Corp. (GS E&C), has acquired a 30 per cent stake of Phú Mỹ Vinh Construction & Investment JSC (PMV) – an industrial water supplier in Việt Nam's southern province of Long An.
Experts have suggested the Government, the Ministry of Industry and Trade, the Ministry of Finance and localities need to think more carefully about the plan to jointly restructure the NSRP to reduce the adverse impact of the plant’s production problems on the market.
In the first month of 2022, Việt Nam saw a surge in both the number of newly-established enterprises and registered capital compared to the same period last year, according to the General Statistics Office (GSO).
Experts forecast that the stock market is entering an uptrend period after the Tết holiday, as experienced from historical statistics in previous years.