Việt Nam’s GDP growth is forecast to surge from an estimated 2.6 per cent in 2021 to 7.5 per cent in 2022, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
In the face of the explosive wave of global technology, with increasingly favourable policies, rising interest of businesses, the Vietnamese blockchain market is forecast to continue to develop positively.
The Vietnamese manufacturing sector remained in growth territory at the start of the third quarter of the year, but there were some signs of demand softening. As such, output, new orders and employment all increased at weaker rates than in June, according to S&P Global.
Tech is rapidly changing the e-logistics landscape, raising the need for Việt Nam to increase the application of advanced technologies to develop an efficient logistics industry to grab opportunities arising from e-commerce.
Capital account restrictions largely insulate interest rates in Việt Nam from global monetary tightening and the country’s policy rate is expected to rise 50 basis points to 4.5 per cent by end-2023, according to Fitch Ratings.
“Việt Nam’s economy is even stronger than we had expected at the beginning of the year, but that strength is not reflected by higher stock prices due to the [US’s] aggressive rate hikes and the recent regulatory crackdown in Việt Nam,” Michael Kokalari, chief economist at VinaCapital, has said in a report.
The new tây ba lô may still sport the obligatory tie-dye tees and probably own spandex psychedelic pants, but after two years of pandemic lockdown, the 2022 travellers sole obsession seems to be to narcissistically stare at their own image, recording their experience rather than absorbing the sights and sounds of the here and now.
Geopolitical tensions in some notable hot spots, anti-COVID-19 measures of global manufacturing hub China, and the US Federal Reserve’s monetary policies could damper Việt Nam's economic recovery, experts said at a business forum held in HCM City on Thursday (August 4).
Speaking at the ceremony to mark MoNRE's 20th anniversary, Prime Minister Phạm Minh Chính said that environmental resources are an indispensable factor for human survival and development, as well as the sustainable development of the country.
Việt Nam's top priority in the coming years is building a roadmap, mechanism and policy for the formation and operation of a green, circular and eco-friendly economy, the Ministry of Natural Resources and Environment has said.
Vietnamese Foreign Minister Bui Thanh Son joined his ASEAN counterparts in meetings with the US, India, Australia, Canada, New Zealand, the EU, and Russia on Thursday within the framework of the 55th ASEAN Foreign Ministers' Meeting (AMM-55) and related meetings in Phnom Penh, Cambodia.
Japanese investors have so far poured almost US$6 billion in the southern province of Bình Dương, Permanent Deputy Chairman of the provincial People’s Committee Mai Hung Dũng said at a working session with a delegation of the Kansai Bureau of Economy, Trade and Industry (METI Kansai) on Thursday.