VIETNAM FORECAST TO BECOME SECOND-LARGEST ECONOMY IN SOUTHEAST ASIA BY 2036
Vietnam is forecast to become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036, according to the World Economic League Table 2022 report by the Center for Economic and Business Research (CEBR).
FDI LIFTS VIETNAM UP GLOBAL VALUE CHAIN
Vietnam, like many other East and Southeast Asian countries, is further climbing up the global value chain (GVC) thanks to the positive effect of the utilisation of foreign direct investment (FDI), according to the latest report by Hinrich Foundation.
HSBC: INFLATION IN VIET NAM UNDER GOOD CONTROL
HSBC has lowered its forecast on Viet Nam's inflation rate in 2022 to 3.5 percent from its earlier prediction of 3.7 percent due to stable domestic food price, which is expected to help curb the country's headline inflation.
SIX EXPORT COMMODITIES SEE EXPORT VALUE FROM 5 BILLION USD
Six export commodities saw export value from 5 billion USD in the first five months of 2022, according to the General Statistics Office.
VIETNAMESE ECONOMY IN FIRST 5 MONTHS OF 2022
An overview of the Vietnamese economy in the first 5 months of 2022.
VIETNAM TO IMPROVE INSTITUTIONS TO ATTRACT FOREIGN INVESTMENT
In view of the important contributions of investment capital to the local economy, Vietnam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.
MPI REVIEWING LAND-USE STAGNATION
The Ministry of Planning and Investment has launched a review into the long delays of large-scale foreign-invested projects, in an attempt to free up valuable plots that have been occupying land throughout the country.
EXPORT VALUE RISES BY US$22 BLN
In the first five months, Vietnam's export value maintained a double-digit growth, up nearly US$22 billion over the same period last year. According to the latest information from the General Department of Vietnam Customs, the export value of Vietnam's merchandise in the second half of May was US$18.02 billion, up 40.9% or US$ 5.23 billion over the first half of May.
