VIETNAM REAL ESTATE STILL ATTRACTIVE TO FOREIGN INVESTORS
In 2021, COVID-19 epidemic outbreaks caused considerable impacts on the real estate market across the country. After each occurrence, the property market often oscillated strongly to paint a very colorful picture.
FACILITATING LOGISTICS FOR ECONOMIC DEVELOPMENT
The logistics service industry is likened to the “blood vessels” of the national economy that support, connect and promote socioeconomic development and enhance competitiveness. This sector has high potential for generating a lot of added value.
VIETNAM'S GDP UP 2.58 PERCENT IN 2021
Vietnam’s gross domestic product (GDP) in 2021 increased by 2.58 percent from the previous year, according to the General Statistics Office.
INVESTMENT, EXPORT, DOMESTIC CONSUMPTION: THREE MAIN PILLARS OF ECONOMIC GROWTH IN 2022
Phú told online paper laodongthudo that Việt Nam needed a great amount of investment for its development, adding that effectively attracting domestic and foreign investment capital would lead to the launch of new production factories and agricultural farms and the development of new roads, airports and ports. That would not only help create new jobs for local people but also foster the country's economic growth.
INDUSTRIAL SECTOR’S ADDED VALUE INCREASES BY 4.82% IN 2021
Vietnam’s industrial production recorded an increase of 4.82 percent in added value compared to 2020, according to figures from the General Statistics Office (GSO).
VIET NAM RANKS THIRD FOR BEST OPERATING COSTS IN ASIA
Under the recent TMX report "The great supply chain migration – breaking down the cost of doing business in Asia," the average total operating cost for a manufacturing company in Việt Nam ranges from US$79,280 to $209,087 per month, compared to leader Singapore at $366,561 and second placed Thailand at $142,344.
STANDARD CHARTERED: VIET NAM’S RECOVERY ACCELERATES MARKEDLY IN 2022
Standard Chartered Bank forecasts Viet Nam’s recovery will accelerate markedly in 2022, with GDP growing by 6.7 per cent. The bank also raises its 2023 growth forecast for Viet Nam to 7 per cent as it believes the country’s positive medium-term outlook remains intact.
TAPPING FTAS FOR EXPORT ACCELERATION
Deep integration into the world economy and the effect of free trade agreements (FTAs) have created new momentum, opened up vast cooperation opportunities, and helped promote trade and investment connectivity for the business community.
