The data announced by the General Statistics Office in late 2021 described Vietnam’s economic picture in a turbulent year surrounded by the pandemic, the fear of disruption of supply chains, and the confidence of the business community.
The increasing presence of foreign giants has put great pressure on domestic retailers.
Input cost increases have forced manufacturers to increase selling prices. However, purchasing power is weak, which is a warning about a tough year ahead.
The flavor of Vietnamese coffee always leaves an unforgettable impression on any first-time drinker.
Millions of tons of farm produce have been put on sale in the domestic market as exports to China are stuck at the border. The prices have fallen dramatically.
Preliminary treatment centers and cold storage warehouses along the border and systematic logistics chains are both needed, experts said.
If it does not take advantage of opportunities, Vietnam will need at least two more decades to reach the per capita added value in the processing and manufacturing industry for newly industrialized countries.
In the latest fund-raising round, financial technology startup MoMo received US$200 million of investment capital, bringing its total value to over US$2 billion.
Only a few shabby plastic tables and chairs are needed to enjoy a crab noodle shop in Tho Xuong alley, diners can also have fun while dodging cars, the ‘bun rieu’ has been featured on CNN World.
The automobile market has become bustling again after the Government cut by 50% the vehicle registration tax.