Business News

In the first seven months of this year, five commodities posting export turnover of more than 10 billion USD, making up 58.5% of Vietnam’s export turnover.

The central city of Da Nang topped the Digital Transformation Index (DTI) rankings for 2021, according to the Ministry of Information and Communications.

Textile exports hit US$26.55 billion, up 16.5 per cent year-on-year. Textile trade surplus reached US$11.07 billion, 31 per cent higher than last year. The industry created 1.9 million jobs with an average monthly wage of VNĐ8.5 million.

Decree 85 issued last year, which amends and supplements a number of articles of the Government's Decree 52 (2013) on e-commerce, has specific provisions on supplementing business licenses for foreign investors, and economic organisations with foreign investment capital.

Vietnam, a rising star in the global supply chain, has the potential to become a new tiger in Asia, economist Brian Lee Shun Rong at Maybank - Malaysia's largest financial services group and the leading banking group in South East Asia – has reportedly said.

Vietnam’s economic recovery accelerated over the last six months on the back of resilient manufacturing and a robust rebound in services. GDP growth is forecast to surge from an estimated 2.6% in 2021 to 7.5% in 2022, while inflation is projected to average 3.8% over the year.

1. Central bank reduces intervention on OMO
2. Fierce competition in e-wallet market
3. Vietnam's GDP Growth Projected to Surge to 7.5pct
4. White-leg shrimp exports to RoK surge in first half
5. Legal obstacles in land use to be removed
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1. Special load shedding circuit installation
2. Consumable materials supply
3. Materials, component supply
4. Hotline and working equipment supply
5. Materials and components supply
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