VIET NAM-US TRADE HITS RECORD HIGH IN 2021
Bilateral trade between Việt Nam and the US set a new milestone, hitting US$111.56 billion in 2021, up nearly $21 billion over the previous year, according to the General Department of Customs.
RENEWABLE ENERGY VENTURES INCREASINGLY IN VOGUE
Businesses are exhibiting a growing appetite towards renewable energy ventures to effectively avail of recent changes to the latest national power development draft plan, as well as burgeoning opportunities on the horizon.
SCALE-UP SEEN IN KEY FOREIGN VENTURES
The investor is expected to complete the construction of phase 1 by June 2022, after which, it will go into production and create around 5,000 jobs. The phase-2 construction is planned to be completed in mid-2023, creating jobs for more than 30,000 workers.
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.
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.
