“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.
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).
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.
After more than two years of being seriously affected by the COVID-19 pandemic, border trade activities at key border gates in Lạng Sơn Province have gradually recovered, but there are still challenges ahead. Liễu Anh Minh, deputy director of Lạng Sơn Department of Industry and Trade, spoke to Vietnam News Agency about this issue.
While many products exported to the UK enjoyed strong increases owing to the UK-Việt Nam Free Trade Agreement (UKVFTA), Việt Nam’s timber industry is facing difficulty in expanding in this market that requires manufacturers and exporters to change their business strategies here.
During the 55th ASEAN Foreign Ministers’ Meeting (AMM-55) which opened on the same day in Cambodia-the chair of ASEAN 2022, the officials also discussed the bloc connectivity, narrowing development gap, maritime cooperation along with such issues as climate change, food security and energy.
Prime Minister Phạm Minh Chính stressed the need to ensure the stability of the macro-economy, markets, politics, and people’s material and spiritual life while chairing a regular government meeting on Wednesday.
As one of the leading shrimp raisers in Việt Nam, where seafood products are a key export, Việt-Úc Group and AquaEasy have announced an official commercial partnership, applying AI technology in local shrimp ponds.
Prime Minister Phạm Minh Chính has sent a dispatch to ministers, heads of ministry-level agencies and chairmen of the People’s Committees of centrally-run provinces and cities, asking for strengthened efforts in the management of prices of essential goods and services.
During a conference chaired by Prime Minister Phạm Minh Chính on Monday to discuss measures to expand social housing facilities for workers and low-income earners, major enterprises and groups in Việt Nam committed to build more than 1.2 million houses under social housing projects by 2030.