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2513 news
Vietnam's industrial sector grew by 9% in 2022, according to a report published on December 26 by the Ministry of Industry and Trade (MoIT).
With the Lunar New Year (Tet) around the corner, retailers are scrambling to stockpile goods to meet the imminent surge in demand.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed banks to continually reduce input costs with an aim to cut loan interest rates.
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.
International flights during the upcoming Tet (Lunar New Year) holiday season should prosper, an official from the Ministry of Transport has said.
The disbursed public investment sourced from foreign borrowing was estimated at more than VND9 trillion in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
Following two years of low sales during Tet (the Lunar New Year), things are expected to look up for the fast moving consumer goods industry this time around since the Vietnamese economy has recovered and consumers have a positive outlook on economic prospects, according to market research company Kantar Worldpanel Vietnam.
The domestic rental market had a bright start in 2022, although it began to decline in the second quarter, according to batdongsan.com.vn, Vietnam's leading real estate trading website.
Vietnam will have a first professional K-Pop training centre in early 2023, offering opportunities for Vietnamese to access to the music genre that they love.
Vietnam's real estate market is unlikely to boom next year, according to experts.