VIET NAM SHINES AMID GLOBAL ECONOMIC VOLATILITIES
Despite global volatilities, Việt Nam’s economy has rebounded strongly this year beyond the forecasts of many international organisations, making the country one of the rare bright spots in the global gloomy picture and has the potential to become a new ‘tiger’ in Asia.
NORTHERN PROVINCES MAKE EFFORTS TO LURE KOREAN INVESTORS
In order to strengthen connectivity, promote friendly cooperation activities, and attract investment between Hà Nam and Korean localities and businesses, last month the province coordinated with the Vietnamese Embassy in South Korea and Korea Chamber of Commerce and Industry (KCCI) to organise an investment promotion conference on boosting trade promotion. The event drew about 100 firms from the RoK.
BRIGHT PROSPECTS EXPECTED FOR VIETNAM-US TRADE TIES: OFFICIAL
Hung noted that amid COVID-19 impacts and the interruption of global supply chains, trade between Vietnam and the US has still grown. In the first nine months of this year, two-way trade rose 20 percent year on year to 96.2 billion USD, including 85.1 billion USD worth of Vietnam’s exports, accounting for 30 percent of the Southeast Asian country's total export revenue in the period.
FDI INFLOW FROM ROK HELPS VIETNAM MOVE UP GLOBAL VALUE CHAIN LADDER
The strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Vietnam in the battle to move up the global value chain ladder and promote sustainable development.
RESOLUTION 128/NQ-CP – PRODUCTIVE INSTRUMENT TO LEVERAGE ECONOMIC GROWTH
Resolution 128/NQ-CP on safe, flexible adaptation to and effective control of the COVID-19 pandemic, issued at the right time and placed on a reasonable roadmap, is the boldest and most productive decision of the Government.
STANDARD CHARTERED RAISES VIETNAM’S 2022 GDP GROWTH FORECAST TO 7.5%
Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0% to reflect robust Q3 growth of 13.7% y/y. Q4 2022 growth is anticipated at 4.0%.
VIETNAM BLOCKCHAIN SUMMIT 2022 SET TO OPEN
The Vietnam Blockchain Association will open a series of discussions about the potential of blockchain technology from leading experts in the field, shedding light on legal policy issues, opportunities, and potential risks surrounding blockchain applications at the Vietnam Blockchain Summit 2022.
14 SOCIO-ECONOMIC DEVELOPMENT TARGETS MET OR EXCEDED THIS YEAR
The data was revealed in a report at the National Assembly's (NA) Committee for Economic Affairs on Tuesday morning. Assessments were made based on Government reports on the implementation of the socio-economic development plan, the State budget estimate in 2022, and the socio-economic development plan in 2023.
