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VIETNAM ECONOMY INVESTMENT

NA DISCUSSES SOCIO-ECONOMIC DEVELOPMENT IN 2023, THE ANTICIPATED PLAN FOR 2024

At the meeting, NA deputies highly valued the Government’s efforts in providing support to businesses. However, Deputy Dương Văn Phước from central Quảng Nam Province pointed out that businesses were facing various challenges, such as difficulties in accessing capital, heavy tax burdens, and volatile prices.

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VIETNAM ECONOMY INVESTMENT

OCTOBER CPI RISES BY 3.59% Y-O-Y

Compared to the previous month, the CPI has risen by 0.08%. This increase can be attributed mainly to higher tuition fees and domestic rice prices. Compared to December, the CPI is up by 3.2%.

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VIETNAM ECONOMY INVESTMENT

VIETNAM HAS OVER 15,000 NEW MARKET ENTRANTS IN OCT

In comparison to the same period last year, the number of new businesses set up in October this year was 18.5% higher and their capital increased by 17.7%. Their employment rose 71.2% year-on-year.

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MEMBER CORNER / PROMOTIONS

BUY 2 GET 1 FREE

Take a trip to a lush green garden in the heart of Saigon and enjoy seafood buffet or outdoor cocktail next to the “Urban Oasis”. The journey to open your senses in peaceful and relaxing environment will be even more poetic, promising to be an unforgettable vacation experience.

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VIETNAM ECONOMY INVESTMENT

VIET NAM A POTENTIAL INVESTMENT MARKET FOR RETAILERS

According to the Ministry of Industry and Trade, Việt Nam's retail market has a scale of more than US$142 billion, 16 per cent of which comes from e-commerce. This scale is forecast to increase to $350 billion, or nearly 2.5 times higher, by 2025.

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BANKING / FINANCE / INSURANCE / TAX

MORE INCENTIVES NEEDED TO SUPPORT GREEN CREDIT: EXPERTS

Experts have shared a view that green credit and green growth play an important role in implementing the National Green Growth Strategy in the 2021-2030 period with a vision until 2050 as they create resources for environmentally-friendly projects and programmes.

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VIETNAM ECONOMY INVESTMENT

BOTH FDI INFLOWS AND DISBURSEMENT RAISING

There were 2,608 newly registered projects with a combined capital of $15.29 billion, up 66.1 per cent in the number of projects and 54 per cent in capital compared to the same period last year. The value of capital contribution and share purchase deals rose by 35.4 per cent to $5.13 billion.

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VIETNAM ECONOMY INVESTMENT

SUPPORTING INDUSTRY: LOW QUALITY, HIGH PRICE

The scale and capacity of Vietnamese supporting industry enterprises are still limited. Data from the General Statistics Office of Việt Nam showed that the number of supporting industry enterprises nationwide currently stands at about 5,000.


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