Business News

Jointly organised by Singapore’s Centre for Liveable Cities and the Urban Redevelopment Authority, the biennial WCS returns to an in-person conference this year after a largely virtual summit in 2021.

Standard Chartered has forecast Viet Nam’s GDP growth at 10.8 percent in the third quarter, 3.9 percent in the last quarter of 2022, and 6.7% this year.

The accumulated realized capital of foreign direct investment (FDI) projects during the January-July period was estimated at US$11.57 billion, a year-on-year increase of 10.2 percent.

Up to 85 per cent of firms have an optimistic outlook for the business environment in Q4, whereas 15 per cent are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).

Last month, CPI grew by 3.18 per cent compared to the end of last year. In the first six months of the year, the price index of raw materials used for production increased by 6.04 per cent compared to the same period last year. Prices of many imported inputs also soared.

Vietnam’s process manufacturing sector has to date attracted 252 billion USD in foreign direct investment (FDI), accounting for nearly 60 percent of the total foreign capital poured into the Southeast Asian country.

The Mekong Delta’s economic scale is projected to expand 2-2.5 times by 2030, according to Resolution No. 78/ND-CP dated June 18, 2022 by the Government regarding an action plan on the implementation of Resolution No. 13-NQ/TW dated April 2, 2022 by the Politburo on socio-economic development orientations and measures to ensure national defence and security in the Mekong Delta by 2030 and vision to 2045.

Up to 85 per cent of enterprises in the processing-manufactoring and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).