The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
VOV.VN - Vietnam’s export-driven economy managed to get through the worst of the COVID-19-related turbulence in 2021 to secure positive economic growth of 2.58%, although considerable challenges remain ahead in 2022 and beyond.
A majority of credit institutions are optimistic about their business performance in 2022, according to the latest survey by the State Bank of Vietnam (SBV).
The State Bank of Vietnam (SBV)’s expansion of credit growth quotas for commercial banks has created favourable conditions for lenders to boost lending as a way of supporting capital sources for individuals and firms to recover after the COVID-19 pandemic.
In 2021, despite being affected by the COVID-19 pandemic, all three areas of agro-forestry and fisheries, industry and construction, and services posted higher growth rates compared to 2020.
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.
John Rockhold has been elected as the new Chairman of the American Chamber of Commerce in Vietnam (AmCham Vietnam) in 2022, succeeding Virginia Foote, who held the post in 2020 and 2021, according to the latest announcement of AmCham Hanoi.
As a driving force of economic growth, enterprises should be more proactive in building production and business plans in the new situation given complicated developments of the COVID-19 pandemic, Minister of Industry and Trade Nguyen Hong Dien has said.