PREPARATION NEEDED TO DEAL WITH 2023 ECONOMIC HEADWINDS
Similarly, the Asian Development Bank (ADB) raised Vietnam's growth prediction for this year to 7.5 per cent, much higher than the 6.5 per cent number given in September 2022, while lowering its growth forecast for 2023 by 0.4 percentage points to 6.3 per cent.
VIETNAM LEADS ASEAN MEMBERS IN EU'S IMPORT MARKET SHARE
The EU is Vietnam's third largest export market with an average growth rate of 7.5%, accounting for 13.6% of Vietnam's total exports from 2015-2021.
VIETNAM TENDERS DAILY- DECEMBER 20, 2022
1. Crawler upturn hydraulic excavator supply
2. Individual protection equipment supply
3. Internal telephone network system supply
4. Security camera system supply
5. Substation supply and installation
----and more news
FOREIGN GROUPS LOCKING EYES ON F&B
Filipino food company Jollibee Food Corporation is in discussions to sell a minority stake in its Vietnamese coffee chain Highlands Coffee, noted Reuters at the start of December. The sale could pave a way for an initial public offering for the coffee chain, a move that Jollibee has been mulling for several years.
ADB RAISED VIET NAM’S ECONOMY TO 7.5% THIS YEAR
While Việt Nam’s economy is performing well amid uncertainties in the global economy, risks to the economic outlook have become elevated. ADB raised its forecasts for the country’s economy to grow by 7.5 per cent this year.
QUANG NINH DRAWS ALMOST $2 BILLION IN FOREIGN INVESTMENT
According to Hoang Trung Kien, director of Quang Ninh Economic Zones Management Authority (QEZA), the cumulative foreign direct investment (FDI) capital in industrial and economic zones in the province under the authority's control is almost $180.6 million.
VIETNAM LEADS ASEAN MEMBERS IN EU'S IMPORT MARKET SHARE
The EU is Vietnam's third largest export market with an average growth rate of 7.5%, accounting for 13.6% of Vietnam's total exports from 2015-2021.
AGRO-FORESTRY-FISHERY EXPORTS IN 11 MONTHS SET NEW RECORD
Agro-forestry-fishery exports stood at over 49 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development said.
