Tech is rapidly changing the e-logistics landscape, raising the need for Vietnam to increase the application of advanced technologies to develop an efficient logistics industry to grab opportunities arising from e-commerce.
Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.
Thailand’s Kasikornbank (KBank) has opened a branch in Ho Chi Minh City with an aim of linking trade and investment network with the Southeast Asian country.
Dr Jonathan Choi, Chairman of the Hong Kong-based Sunwah Group, has expressed his optimism about Vietnam’s future, saying the country has recovered “very quickly” after the COVID-19 pandemic was controlled and is one of the best performers in the ASEAN in this regard.
VOV.VN - It is essential to improve the capacity for analysis and forecasting in a bid to control inflation, ensure macro-economic stabilization and major balances of the economy as a mean of boosting economic recovery and sustainable development.
Vietnam must move forward unless it wants to be saddled with the status of the “world’s factory”, heard a conference in Ho Chi Minh City on July 28.
Standard Chartered has forecast Vietnam’s GDP growth at 10.8% in the third quarter and 3.9% in the last quarter of 2022, contributing to annual expansion of 6.7%.
VOV.VN - President Nguyen Xuan Phuc outlined the positive forecasts for the nation’s economic prospects, viewing it as a very good opportunity for APEC investors, with the country always opens to welcoming investment from APEC businesses for mutually beneficial co-operation and development.
The high economic growth rate and the prosperity of a number of business fields in H1 demonstrates the judiciousness of the decisions to change the country's COVID-19 prevention and control strategy.
Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced at a Hanoi workshop on July 15 to launch a report on Vietnam’s economy in the first half of 2022.