EXPORT GROWTH MAY BE SLOWER THAN EXPECTED IN Q2: HSBC
The main cause is a growth slowdown in the electronics industry, especially mobile phones. Samsung’s second-quarter results show that demand for consumer electronics is weakening, thus affecting smartphones, televisions and other segments.
BANKS SHOULD TIGHTEN ASSESSMENT CONTROL OF THEIR CORPORATE BONDS INVESTMENTS: EXPERTS
In early April, the Banking Supervision Agency, under the State Bank of Vietnam (SBV) conducted an inspection of corporate bond investment activities at seven banks, while the Ministry of Finance inspected one bank.
FIVE ITEMS WITH EXPORT VALUE OF OVER 10 BILLION USD
In the first seven months of this year, five commodities posting export turnover of more than 10 billion USD, making up 58.5% of Vietnam’s export turnover.
FOREIGN E-COMMERCE FLOORS MUST SUPPLEMENT BUSINESS LICENSES BEFORE JANUARY 1
Decree 85 issued last year, which amends and supplements a number of articles of the Government's Decree 52 (2013) on e-commerce, has specific provisions on supplementing business licenses for foreign investors, and economic organisations with foreign investment capital.
VIETNAM ABLE TO BECOME NEW TIGER IN ASIA: ECONOMIST
Vietnam, a rising star in the global supply chain, has the potential to become a new tiger in Asia, economist Brian Lee Shun Rong at Maybank - Malaysia's largest financial services group and the leading banking group in South East Asia – has reportedly said.
VIETNAM’S GDP GROWTH PROJECTED TO SURGE TO 7.5%
Vietnam’s economic recovery accelerated over the last six months on the back of resilient manufacturing and a robust rebound in services. GDP growth is forecast to surge from an estimated 2.6% in 2021 to 7.5% in 2022, while inflation is projected to average 3.8% over the year.
LOCALITIES TAKING LEAD IN NATIONAL RANKING INDEXES
Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Hai Phong, Quang Ninh and Ba Ria-Vung Tau are localities that frequently top the national rankings of foreign investment attraction, budget collection, per capita income and competitiveness index, among others.
MOIT RECOMMENDS UNFINISHED WIND, SOLAR FARMS NEGOTIATE ENERGY PRICES
Of the total of 78,121 MW of installed capacity of electricity sources nationwide, there was 16,545 MW of solar power, including 8,904 MW of concentrated solar power and 7,660 MW of rooftop solar power and 4,126 MW of wind power that have been put into operation and have enjoyed the FIT (preferential purchase price) according to the Prime Minister’s decision.
