VIETNAM ENJOYS TRADE SURPLUS OF 2.5 BLN USD IN FOUR MONTHS
Viet Nam recorded a trade surplus of 2.53 billion USD in the first four months of this year, doubling that of the same period last year, indicating continued recovery.
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.
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.
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.
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.
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.
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.
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.
