Business News

1. Higher residential deposits recorded in the first 5 months of 2022
2. Banks raise charter capital for new growth stage
3. Non-cash payments to change status of digital economy
4. MB wins two awards for Digital Banking Initiatives in Vietnam
5. Growing India-Vietnam economic relations
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The Mekong Delta’s economic scale is projected to expand 2-2.5 times by 2030, according to Resolution No. 78/ND-CP dated June 18, 2022 by the Government regarding an action plan on the implementation of Resolution No. 13-NQ/TW dated April 2, 2022 by the Politburo on socio-economic development orientations and measures to ensure national defence and security in the Mekong Delta by 2030 and vision to 2045.

According to estimates from cafef.vn, at the end of the second quarter, customers’ available balance in securities accounts reached VNĐ80 trillion (US$3.4 billion), a decline of VNĐ20 trillion over the record number at the end of the previous quarter. This is the lowest level since the first quarter of 2021.

Up to 85 per cent of enterprises in the processing-manufactoring and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).

Over the last decade, Việt Nam has become a top destination for investment in manufacturing thanks to lower labour costs, simpler supply chain integration, better free trade access, and relative political stability, according to an article freshly published by the news site tradefinanceglobal.com.

1. Materials and spare parts supply
2. Oil resistant rubber hose supply
3. Equipment and tools supply
4. Electric equipment and materials supply
5. Camera and water pump supply
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1. Vietnam in the headwinds of global rate hikes and inflation
2. Better risk management needed to stem credit losses: report
3. Green finance for a sustainable future
4. Vietbank to issue 300,000 bonds
5. Inflation in US seen hitting Vietnam apparel exporters
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Vietnamese textile-garment producers set to earn up to 21 billion USD from exports in the second half of 2022, raising total shipments of the year to around 42 – 43 billion USD, Chairman of the Vietnam Textile & Apparel Association (VITAS) Vu Duc Giang told a press conference on July 21.