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VIETNAM ECONOMY INVESTMENT

TWENTY COUNTRIES RECOGNISE VIETNAM’S VACCINE PASSPORTS

Vietnam has reached mutual recognition for COVID-19 vaccination certificates, called “vaccine passports”, with 20 countries so far, according to the Ministry of Foreign Affairs.

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VIETNAM ECONOMY INVESTMENT

STATE BUDGET SURPLUS REACHES OVER VND175 TRILLION IN FOUR MONTHS

The State budget revenue totaled VND645.3 trillion in January-April this year, while the total spending was only VND470.2 trillion, resulting in a surplus of over VND175 trillion (over US$7.5 billion), according to the Ministry of Finance.

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VIETNAM ECONOMY INVESTMENT

BANKS HIKE DEPOSIT INTEREST RATES ON DEMAND FOR FUNDS, INFLATION

Last year the average interest rates on bank deposits for six months and 12 months were 4.7 per cent and 5.5 per cent, down half a percentage point from 2020, Bảo Việt Securities said.

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VIETNAM ECONOMY INVESTMENT

DA NANG READY TO ATTRACT INVESTMENT

In parallel with investment in transport infrastructure to increase connectivity, and expanding the area of industrial infrastructure to meet investors, over the years, Da Nang city has constantly strived to create an open investment environment so that Da Nang in general and its high-tech industrial zone, centralized information technology park and industrial parks in particular are really attractive destinations for domestic and international investors.

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VIETNAM ECONOMY INVESTMENT

VN'S GDP TO GROW BY 5.5-6%, RISK AND INFLATION ON THE RISE

Việt Nam's GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per cent in 2022 and likely over 5 per cent in 2023, said economists and policymakers during an economic forum organised by the Ministry of Planning and Investment in Hà Nội yesterday.

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VIETNAM ECONOMY INVESTMENT

US PARTNERS INTERESTED IN VIETNAM’S ENERGY DEVELOPMENT ORIENTATIONS

Minister of Industry and Trade Nguyen Hong Dien on May 11 (local time) accompanied Prime Minister Pham Minh Chinh in many activities in the US, including meetings with US partners operating in the field of energy.

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VIETNAM ECONOMY INVESTMENT

DISBURSED FDI RISES 7.6% IN FOUR MONTHS

Vietnam attracted over US$10.8 billion of foreign direct investment (FDI) in the first four months of the year, equal to 88.3% of the same period last year, according to the Ministry of Planning and Investment (MPI). Of the sum, the fund for new projects shrank by 56.3% but the added value to existing projects and equity purchases surged 92.5% and 74.5%, respectively.

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VIETNAM ECONOMY INVESTMENT

CUSTOMS PROCEDURES ANYTIME, ANYWHERE ON ANY DEVICE

Carrying out customs procedures anytime, anywhere, on any device is one of the important goals stated in the Plan for Customs Digital Transformation to 2025, with a vision to 2030.


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