PUBLIC INVESTMENT DISBURSEMENT EXCEEDS 50% IN JANUARY-SEPTEMBER
Disbursement of public investment capital reached VND363.3 trillion (US$15.3 billion) in the first three quarters this year, accounting for 51.38 percent of the whole-year volume, Deputy Minister of Planning and Investment Tran Quoc Phuong told reporters on Thursday.
TRADE SURPLUS NEARS US$20 BLN IN JAN-AUG
Vietnam’s total import and export value reached US$436.44 billion in the reporting period, a decrease of US$64.21 billion in value from the same period in 2022. The export value of fruits and vegetables rose 61.8% year on year to US$3.55 billion, including US$464.47 million in August, up 14.8% from the previous month.
GDP GROWTH ROSE IN FIRST NINE MONTHS OF 2023
GDP in the third quarter is estimated to have increased by 5.33 per cent on-year, the lowest growth seen since before 2011, apart from the pandemic years of 2020 and 2021. However, this is seen as positive when compared to the growth of 2023's previous quarters, 3.28 per cent in the first, and 4.05 per cent in the second.
VIETNAM'S RETAIL SECTOR FACES MOUNTING CHALLENGES
On September 22, Vietnam Report unveiled its annual list of the Top 10 Credible Retail Companies for 2023. The rankings, reflected an industry grappling with significant challenges of considerable interest to investors and stakeholders.
VN NEEDS TO IMPROVE REGULATORY FRAMEWORK TO INCREASE GREEN FINANCING
Việt Nam needs to develop a proper regulatory framework to pave the way for credit institutions to increase green financing and contribute to accelerating the transition to a low-carbon economy, attendees heard at the Việt Nam Climate Forum organised by the International Finance Corporation (IFC) in collaboration with the State Bank of Việt Nam (SBV) yesterday in Hà Nội.
VIETNAM - US TRADE RELATIONS
Along with sound political relations, economic-trade ties have been one of the most successful endeavours within Vietnam-US relations. The US is currently one of Vietnam’s largest trading partners.
DEVELOPMENT BANKS EXTEND ROLE IN GREEN-RELATED LOANS
European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure.
VIET NAM CLIMBS FOUR PLACES IN ECONOMIC FREEDOM OF WORLD INDEX
Viet Nam has moved up four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. The Fraser Institute noted that Viet Nam's improvement in the index this year is a relatively substantial increase compared to other Southeast Asian peers.
