Four-month purchasing power rebound facilitates business recovery

Domestic purchasing power has rebounded after a strong decline caused by the COVID-19 pandemic. That rebound has facilitated businesses to step up production and seize new opportunities, experts have said. 

FDI – bright spot of Việt Nam’s economy amid COVID-19

The Việt Nam Association of Foreign Invested Enterprises (VAFIE) released an annual report on foreign investment in Việt Nam last year at a meeting in Hà Nội on Tuesday.

Vinatex sees strong revenue growth The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 per cent in revenue to over VNĐ5.15 trillion (US$224.26 million) in the first quarter of 2022, completing 28.5 per cent of its target for the whole year.

Cooperation with African markets could boost fashion industry

Although there had been significant growth in recent years, the trade relationship between Việt Nam and Africa had not been commensurate with its prospects

Standard Chartered expects Việt Nam’s recovery to gain momentum in Q2 In its latest macro-economic report “Việt Nam – Recovery to gain momentum in Quarter 2”, Standard Chartered Bank maintains its 2022 GDP growth forecast for Việt Nam at 6.7 per cent, as the recent bounce in economic indicators have become more broad.

Garment industry goes green

Greening the garment industry is essential for the sector to fully exploit opportunities arising from the free trade agreements and participate deeply in global value chain, acccording to Việt Nam Garment and Apparel Association (VITAS).  

HCM City posts 5.9% growth in exports, an increase in export orders HCM City exports were up 5.9 per cent to reach US$7.38 billion in the first two months of the year, according to the municipal Statistic Office.

Vietnamese products increasingly popular in Hong Kong: Official

Vietnamese products have become more and more visible in the market of Hong Kong (China) thanks to strong trade ties between the two sides, said Vũ Thị Thúy, head of the Vietnamese Trade Office in Hong Kong.

Singaporean bank considers Việt Nam key beneficiary of RCEP

Việt Nam is likely to be a key beneficiary of the Regional Economic Comprehensive Partnership (RCEP) regarding tariff reductions and foreign direct investment, Singapore's leading consumer bank DBS said in a recent report.

PM asks to promote socio-economic recovery and development programme

Prime Minister Phạm Minh Chính has asked ministries, agencies and localities to drastically and effectively implement the socio-economic recovery and development programme and to speed up disbursement of public investment capital.