Business News

Bilateral trade between Việt Nam and the US set a new milestone, hitting US$111.56 billion in 2021, up nearly $21 billion over the previous year, according to the General Department of Customs.

1. Banks prohibited from paying dividends in cash in 2022
2. VN bankers still pocketed high profits in 2021 despite Covid-19.
3. Banks increase recruitment on large scale in 2022
4. RCEP offers new opportunities for Vietnam to sustain economic development
5. Solutions coming thick and fast for draft PDP
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The Regional Comprehensive Economic Partnership (RCEP) that came into effect on January 1, 2022, will bring about new opportunities for Vietnam to sustain its economic development, as well as important effects in relation to sustainability and institutional support, according to experts from RMIT.

Businesses are exhibiting a growing appetite towards renewable energy ventures to effectively avail of recent changes to the latest national power development draft plan, as well as burgeoning opportunities on the horizon.

The investor is expected to complete the construction of phase 1 by June 2022, after which, it will go into production and create around 5,000 jobs. The phase-2 construction is planned to be completed in mid-2023, creating jobs for more than 30,000 workers.

1. Rotary screw compressor supply
2. Chemicals, materials, medical equipment supply
3. Biological, medical equipment supply
4. Medical equipment, materials supply
5. Electric cable, meter boxes supply
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Vietnam’s gross domestic product (GDP) in 2021 increased by 2.58 percent from the previous year, according to the General Statistics Office.

Regular INT’L flight are resumed on eight markets: Australia, US, Cambodia, Japan, Republic of Korea, Singapore, Thailand, Taiwan.