VIET NAM’S ECONOMY FORECAST TO GROW BY 6.3% IN 2023: WB
Viet Nam’s GDP growth is expected to grow by 6.3 percent in 2023, the World Bank (WB) said in its taking stock report themed “Harnessing the potential of the service sector for growth” released on March 13.
WHOLESALE ACTION SET FOR EXPORT GAIN
As growing risks in the global market are posing challenges for Vietnam to maintain its growth prospects at a high level and realise its big export target this year, the government has requested new measures to bring the situation under control.
SOLAR DATA SCRUTINY THE LATEST PAIN POINT FOR PDP PROGRESS
The country’s Power Development Plan VIII is now roughly three years behind schedule and way off the prime minister’s demand that “preparation must be one step ahead” because of disparities in solar power statistics.
VIET NAM TO COMPLETE POLICIES, LAWS FOR SUSTAINABLE ENERGY DEVELOPMENT
Experts discussed the implementation of policies and laws on energy development in the 2016-21 period at a conference co-organised by the Việt Nam Union of Science and Technology Associations (VUSTA) and the National Assembly (NA)'s Committee on Science, Technology and Environment (CSTE) in Hà Nội on Monday.
VIETNAM'S ECONOMY LIKELY TO BOOM IN H2: EXPERT
In an interview granted to Lao Dong Newspaper, Leelahaphan said Vietnam had experienced a difficult year in 2022, with foreign exchange reserves decreasing remarkably, along with difficulties related to real estate and bond markets, and liquidity problem.
DOUBLE RISE IN VIET NAM’S REGISTERED FDI IN TWO MONTHS
Viet Nam granted investment certificates to 261 FDI projects with the total registered capital worth over US$1.76 billion over the last two months of this year, up 42.6 percent in the number of projects and twice as high as a year ago in value.
NEW POLICY MIGHT ELIMINATES MANDATORY MECHANIC INSPECTIONS FOR NEW CARS
According to the Việt Nam Register agency, new vehicle owners would need only present the vehicle registration certificate to a local registration centre to obtain the necessary registration stamp and purchase the road maintenance fee.
AROUND $370 MILLION IN FDI INFLOWS FLOOD THE REAL ESTATE SECTOR
As of February 20, according to the Ministry of Planning and Investment, the real estate sector placed second among businesses and areas that are attracting foreign investment with the total investment capital of almost $396.9 million, representing more than 12.8 per cent of the total. Compared to 2022, this figure climbed more than threefold.
