Business News

Vietnam’s Gross Domestic Product (GDP) in the first quarter of this year was estimated to increase 5.03 percent year-on-year, higher than the 4.72 percent growth rate in the same period last year, according to the General Statistics Office (GSO).

Digital Covid-19 vaccine passport with personal details and vaccination information will be issued nationwide after a trial period.

Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.

Deputy Prime Minister Vu Duc Dam has signed a decision approving the national strategy for digital economy, digital society development through 2025, orientations to 2030.

Enhancing network information security and safety was a crucial factor in the digital transformation process, the Vietnamese Network Security Joint Stock Company (VSEC) has said, warning that phishing attacks targeting the financial and banking industry might increase.

Digital platforms have helped many businesses make profits during the recent difficult epidemic period by bringing products to distant markets; step by step successfully building a brand at low cost; as well as facilitating smooth flow of goods even amidst the disruptions caused by the epidemic.

The industrial property market is expected to heat up this year, driven by an influx of foreign direct investment (FDI), thanks to an improved manufacturing sector and border reopening which has helped raise investors' confidence.

The southern province of Binh Duong attracted US$1.6 billion in foreign direct investment (FDI) in the first quarter of 2022, an increase of 3.6 times compared to the same period last year, announced Chairman of the municipal People's Committee Vo Van Minh.