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).
TAX REVENUE SURGES 17.6%
Budget revenue was estimated at VND775,262 billion in the first six months of 2022, equaling 66% of the full-year estimate and 117.6 % of the value a year earlier, said the report at a recent Tax Review Conference for the first half of 2022. Up to 60 out of 63 localities completed more than half of their full-year targets.
TEXTILE PRODUCERS PREPARED FOR BARRAGE OF DISRUPTION
Vietnamese enterprises are trading well so far this year, but key exporters in textiles, garments, leather, and footwear are still suffering from increasing raw material costs.
INTELLASIA FINANCE & BUSINESS NEWS - JULY 6, 2022
1. Banks provide preferential loans to enterprises
2. Central Bank Digital Currency necessary for Vietnam
3. Loc Troi joins hands with MBB to produce rice
4. Rising petrol prices contribute $385 million to state budget revenue
5. MoF clarifies law on prize electronic games for foreigners
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VIETNAM TENDERS DAILY- JULY 6, 2022
1. Pedestal Crane and Related Services supply
2. Waste Heat Recovery supply
3. Submarine cable & accessories supply
4. Industrial cleaning fluid supply
5. Finely ground blast furnace slag supply
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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.
ECONOMIC EXPERT TALKS SOLUTIONS FOR ECONOMIC GROWTH AMID CHALLENGES
Economic expert Nguyễn Bích Lâm talks to Việt Nam News Agency about Việt Nam’s economic growth prospects in 2023 and ways to boost growth in the face of challenges created by supply chain breaks and geopolitical instability.
EUROPEAN FDI CONTINUES TO FLOW INTO VIETNAM AMID ECONOMIC UNCERTAINTIES
During the second quarter of 2022, European business stakeholders' confidence in Vietnam's investment environment declined slightly, according to the Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and conducted by YouGov Vietnam.
