VOV.VN - The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.

Vietnamese lenders are hoping for at least 20% – 30% growth in their earning this year in the light of the country’s promising economic outlook.

The three-digit growth rate of Vietnam’s tuna exports to Mexico and Israel is considered a catalyst for a strong increase of over 16 percent of the country’s total tuna export value in 2021.

VOV.VN - An array of programmes and overall solutions have been adopted by the Government aimed at accelerating the country’s economic recovery process amid the COVID-19 pandemic, with one of the important issues being how to restore aggregate demand.

Vietnam's Consumer Price Index edged up 1.84% year-on-year in 2021, the lowest ever recorded since 2016, according to the General Statistics Office.

The Government has identified three focal tasks for economic development in 2022, noting that it will capitalise on every opportunity to promote socio-economic recovery and development nationwide, maintain long-term growth momentum, and make use of new and sustainable drivers.

VOV.VN - The Government held an online conference on January 5 with all 63 cities and provinces in order to set out the implementation of socio-economic development tasks for 2022.

VOV.VN - The local garment and textile sector is targeting an export turnover of US$39 billion this year, marking increases of 11.2% and 0.2% compared to 2020 and 2019, respectively, according to the Vietnam Textile and Apparel Association (VITAS).

VOV.VN - With the average growth rate of the footwear industry throughout the 2016 to 2019 period increasing by 12.1% annually, Vietnam ranked second in the world in terms of footwear exports, surpassing China to become the largest exporter of canvas shoes.

VOV.VN - Vietnam’s GDP growth rate during the third quarter of the year was estimated to have endured a decline of 6.17% due to social distancing and other COVID-19-related restrictions taking a heavy toll on the economy.