Business News

Vietnam’s gross domestic product (GDP) in the first six months of 2022 expanded 6.42%, higher than the 5.74% recorded in the same period last year.

The government is boosting the implementation of a gigantic package on supporting enterprises and people to achieve a new growth goal, with a plan to source sufficient funding for the policy.

The strategy for 2021 - 2030, signed off by Permanent Deputy Prime Minister Pham Binh Minh, aims at raising capital flows from countries and territories in certain regions to over 70% of total foreign investment in Vietnam during 2021 - 2025 and 75% during 2026 - 2030.

Viet Nam’s GDP is likely to expand by around 7 percent in 2022, 0.5 percent higher than the National Assembly’s preset goal, said Minister of Planning and Investment Nguyen Chi Dung.

1. Many banks further raise savings interest rates
2. Banks continue to rapidly increase capital
3. Taipei Fubon leads first social loan in Vietnam
4. Manufacturing sector ends the first half of 2022 in good health
5. Vietnam targets 7pct GDP growth this year: minister
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1. Optical materials and accessories supply
2. Source materials supply
3. Function module supply
4. Speciality mechanical block frame supply
5. Completed electronic circuit supply
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1. Materials, spare parts supply
2. Rubber anti-collision pad supply
3. Technical equipment supply
4. Books processing machine supply
5. Electronic equipment and materials supply
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Taiwanese laptop maker Compal Electronics organised a field trip to WHA Industrial Zone 1 in Nghe An on June 22 to explore the possibility of expanding its manufacturing activities in Vietnam.