VOV.VN - In order to achieve its target of reaching net zero emissions, the nation needs a further US$368 billion during the 2022 to 2040 period, roughly 6.8% of GDP each year, according to the World Bank (WB)’s calculation.
VOV.VN - Vietnam and the UK are in a very favourable position to take their strategic partnership to new heights, especially when both sides hold great potential for broader co-operation in technological innovation, digital transformation, climate change response, and supply chain diversification.
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.