UPWARD TREND PROVIDING NEW OPTIMISM
Undergoing 47 years of change since national reunification, Vietnam has witnessed big strides with the major contributions from foreign investment, while the government vows to continue creating the best conditions for investors to perform in the country.
FDI REACHES OVER 8.1 BILLION USD IN Q1
The inflow of foreign direct investment into Vietnam hit 8.1 billion USD in the first quarter of this year, according to the Ministry of Planning and Investment.
VIETNAM'S APPAREL EXPORTS IN Q1 2022 JUMPS 22.5%
Vietnam's apparel exports in Q1 2022 jumped 22.5% year - on - year to 8.8 billion USD.
TEN WHARVES ADDED TO NATIONAL WHARF SYSTEM
They are Nosco at the Quang Ninh seaport, Long Son at the Nghi Son seaport, Hai Ha in Quang Tri Province, VIMC Dinh Vu and FGG in Haiphong, Cai Mep Gemadept – Terminal Link and Cai Mep Complex in Vung Tau Province, Pacific Petro in Tien Giang, Giao Long Newport in Ben Tre and Duyen Hai 2 Thermal Power in Tra Vinh.
INFLATION SEEN EXCEEDING 4% THIS YEAR – EXPERT
The consumer price surge triggered by the Russia-Ukraine military conflict will certainly cause inflation to exceed 4% this year, Associate Professor Dr. To Trung Thanh said at a seminar yesterday.
SEVERAL INDUSTRIES RAMP UP RECRUITMENT AS ECONOMY RECOVERS
More than 36,500 new jobs were created in HCM City in the first quarter, 1,800 more than the same period last year, according to the municipal Department of Labour, Invalids and Social Affairs.
FOREIGN CAPITAL POURED INTO INDUSTRIAL REAL ESTATE
With this capital increase, Singapore continues to maintain its leading position in foreign investment flows into Vietnam in the first quarter, with a total registered capital of 2.29 billion USD, accounting for 25.7 percent of total investment capital into Vietnam.
ENTERPRISES PLACED AT THE HEART OF VIETNAM’S ECONOMIC RESTRUCTURING
Vietnam aims to have about 1.5 million enterprises by 2025, including 60,000-70,000 medium and large-sized ones. The private sector’s contribution to GDP is expected to reach 55% while about 5-10 national brands will be transformed into international brands.
