Loans of pandemic-hit enterprises will enjoy an interest rate cut of 2% under a government support package to remove difficulties for the businesses.
Vietnam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper.
Raising mussels for pearls could be a promising industry in Vietnam, thanks to favourable weather conditions, long coastlines and warm seas, said the Standing Vice Chairman of Vietnam Fishery Association Nguyen Chu Hoi.
Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT).
From shopping to services, Vietnamese are choosing a digital-first lifestyle to benefit from the online world’s speed, convenience and prices, according to Google’s 2021 Year in Search: Vietnam's Search for Tomorrow report.
Vietnam remains an attractive destination for Foreign Direct Investment (FDI), which is likely to experience a surge in 2022 after a long hiatus due to the pandemic, according to economic experts.
There remains huge opportunities for Vietnamese enterprises to accelerate exports of agricultural and food products to the United Arab Emirates (UAE) thanks to its strong demand for these items, experts have said.
In the first month of 2022, Vietnam saw a surge in both the number of newly-established enterprises and registered capital compared to the same period last year, according to the General Statistics Office (GSO).
Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Vietnam operations despite pandemic impacts.
With an overall brand value growth of 49%, Vietnam’s banking sector is one of the fastest growing in the world, according to Brand Finance’s latest report on the most valuable and strongest banking brands globally.