VOV.VN - The nation is becoming an important link in the Asian supply chain, a new destination for a number of businesses that need to diversify their supply chains, according to international media.
VOV.VN - The General Statistics Office (GSO) reports that Vietnam’s economy in the first eight months of this year has gradually regained the growth rate it enjoyed before the pandemic.
Total revenue from goods retail and services in the January-August period increased by 19.3% year on year to over VND3.679 quadrillion (US$156.8 billion), which is a high growth rate for the period in many years, according to the General Statistics Office (GSO).
Vietnam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Vietnam report.
VOV.VN - Thai retail conglomerate Central Group is in the process of planning to aggressively expand its efforts in the Vietnamese market in the hope of taping into an expected jump in demand when the COVID-19 pandemic ends, according to Nikkei Asia newspaper.
There is still a lot of room for Vietnamese goods to expand their presence in the European Union (EU) market, but accessing its retail distribution systems is extremely important, heard a seminar in Ho Chi Minh City on August 11.
VOV.VN - Domestic prices of petrol fell by approximately VND1,000 per litre in Vietnam as of 3pm on August 11, according to the latest price adjustment by the Ministry of Industry and Trade and Ministry of Finance.
The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.
Vietnam’s retail sale of goods and services in July is estimated at VND486 trillion (US$20.8 billion), up 2.4% m-o-m, and 42.6% y-o-y, according to the General Statistics Office (GSO).
The innovative Vietnamese digital bank Cake by VPBank has won the Asian Banking & Finance Awards for the Best Core Banking System Initiative – Vietnam at the ABF Retail Banking Awards 2022.