EXPORT TURNOVER MAY FETCH OVER US$335 BILLION BY YEAR-END
The ministry praised local enterprises especially garment and textile ones for having weathered heavy impacts of the COVID-19 pandemic, working hard very early to persistently maintain production, and promptly finalize contracts on schedules.
TRANSPORT MINISTRY GRANTED AUTONOMY IN RESUMING INT’L COMMERCIAL AIR ROUTES
Permanent Deputy Prime Minister Pham Binh Minh assigned the Ministry of Transport to work with other ministries, agencies, and localities to meticulously consider and decide on the resumption of international commercial air routes.
VIETNAM’S REMITTANCES TO REACH 18.1 BLN USD
The World Bank (WB) and the Global Knowledge Partnership on Migration and Development (KNOMAD) forecast that the amount of remittances to Vietnam in 2021 could reach 18.1 billion USD, continuing to increase compared to 2020.
OUT OF NINE DESTINATIONS, ONLY JAPAN HAS RESPONDED TO VIỆT NAM'S INTERNATIONAL FLIGHTS RESUMPTION PLAN IN EARLY 2022
Việt Nam is eyeing restoring air links from January 2022 to nine destinations with a high level of epidemiologic safety: Beijing/Guangzhou (China), Tokyo (Japan), Seoul (the Republic of Korea), Taipei (China), Bangkok (Thailand), Singapore, Vientiane (Laos), Phnom Penh (Cambodia), and San Francisco/Los Angeles (United States).
FOREIGN OWNERSHIP REGULATION HINDERS BANKS FROM FINDING STRATEGIC SHAREHOLDERS
Many banks expect the participation of foreign strategic shareholders will help them increase capital and improve governance capacity and competitiveness, but the current regulations on foreign ownership ratio are making it difficult, according to experts.
VIET NAM, ROK PLEDGE TO FOSTER COOPERATION IN TRADE, INDUSTRY, ENERGY
Minister of Industry and Trade of Viet Nam Nguyen Hong Dien and Minister of Trade, Industry and Energy of the Republic of Korea (RoK) Moon Sung-wook have agreed to launch measures to support enterprises in adapting to COVID-19 and foster cooperation between the two countries’ enterprises in trade, industry and energy in the upcoming time.
INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 24, 2021
1. No-interest loans proposed for tourism SMEs
2. MoMo's value surpasses $2 billion to officially become VN's unicorn.
3. FDI attraction forecast to recover in 2022
4. Enhancing capacity in implementing SPS agreement
5. High inflation poses challenges
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INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 23, 2021
1. Credit recovers strongly at the end of the year
2. Fitch affirms outlook on Standard Chartered Vietnam as positive
3. PM requests better efficiency of ODA use
4. Vietnam racks up trade surplus of $1.7 billion
5. Room for Vietnam's exports to Eurasia remains huge
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