INVESTORS HAVE AROUND $3.4B IN SECURITIES ACCOUNTS AT END OF Q2
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.
85 PER CENT OF BUSINESSES EXPECT BETTER SITUATION IN Q3
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).
FOUR REASONS MAKE VIỆT NAM AN ATTRACTIVE INVESTMENT DESTINATION
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.
VIETNAM TENDERS DAILY- JULY 25, 2022
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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INTELLASIA FINANCE & BUSINESS NEWS - JULY 25, 2022
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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TEXTILE-GARMENT EXPORTS SET TO REACH 43 BILLION USD THIS YEAR: VITAS
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.
OBVIOUS RISKS CONTINUE TO CLOUD FOREIGN INVESTMENT PROSPECTS FOR THE SECOND HALF
According to the World Investment Report 2022, launched this month by the United Nations Conference on Trade and Development (UNCTAD), the world’s foreign direct investment (FDI) recovered in 2021 and hit nearly $1.6 trillion, but this course is unlikely to be sustained in 2022.
FDI REMAINS BRIGHT SPOT IN VIETNAM’S ECONOMY
The COVID-19 pandemic, which has lasted for more than two years, has taken a toll on all business and trade activities, and especially the Ukraine war has pushed the world economy into a gloomy state. However, in the general picture of the economy, FDI into Vietnam was a bright spot in the first months of the year.
