VIETNAM FIRMLY REBOUNDS AMID CHALLENGES
Ngo Dang Khoa, Country Head of Markets and Securities Services, HSBC Vietnam, said the country's total goods retail sales and consumer service revenues grew 11.7 per cent year-on-year in Q1 this year, or 7.9 per cent if inflation was excluded (1.9 per cent in 2021).
INTERNATIONAL PAPER, COATINGS, RUBBER, AND PLASTIC EXPOS ATTRACT 150 FIRMS
Returning after a gap of three years due to the COVID-19 pandemic, the expos have attracted 150 companies from 17 countries and territories, including Belgium, Germany, the US, Japan, China, India, Korea, Malaysia, Singapore, Taiwan, and Việt Nam, Nguyễn Bá Vinh, director of the Minh Vi Exhibition and Advertisement Services Co Ltd (VEAS), the expos’ organiser, said.
COWORKING TRENDS RUMBLE ON
Vietnam’s high aim of attracting international investors has generated an increasing demand for office space in a relatively short amount of time, thus also creating the opportunity for the rise of the flexible workspace as an perfect alternative for businesses to enter the market.
STANDARD CHARTERED: VIET NAM’S GDP TO GROW 7% NEXT YEAR
The forecast is highlighted in the Viet Nam section of the bank's recently published global research report titled Global Focus–Economic Outlook Q3-2022: Near the tipping point.
VIETNAM SET TO BECOME NEXT DIGITAL TIGER IN ASIA
Vietnam is expected to become the next digital tiger in Asia as the country pushes forward with its digital transformation strategies, according to the Vietnam Economics report by MayBank.
VIET NAM TARGETS $5.5B IN AGRO, FORESTRY, FISHERY EXPORT VALUE TO EU
In 2025, the processed products would account for 30 per cent of Việt Nam's total agricultural, forestry and fishery products exported to the EU. About 20 per cent of the exported agricultural, forestry and fishery products to the EU would be sold directly at retail channels in this market.
INDUSTRIAL PRODUCTION UP 8.48 PER CENT IN H1
During the six months, the processing and manufacturing industry posted the highest industrial output growth of 9.66 per cent. It was followed by electricity generation and distribution (6.51 per cent), electricity production and distribution (6.1 per cent) and the mining industry (2.28 per cent).
VN NEEDS REGULATIONS OF DIGITAL, VIRTUAL ASSETS
Việt Nam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights.
