FDI DISBURSEMENT UP 7.8 % IN FIVE MONTHS
Disbursed volume of foreign direct investment (FDI) reached US$7.71 billion over the last five months, up 7.8 percent from the same period last year, according to the Ministry of Planning and Investment.
MORE ROOM TO DEVELOP VIET NAM'S INTERNATIONAL SHIPPING FLEET
In the project to develop Việt Nam's international shipping fleet by the Việt Nam Maritime Administration (Ministry of Transport), the administration said that the country's seaport system in recent years has developed relatively synchronously and modernly and is able to welcome some of the world's largest ships.
NEW POLICIES TO TAKE EFFECT IN JUNE
A series of new government policies on e-portal passport applications, full automatic non-stop toll collections on the Hà Nội-Hải Phòng Expressway, reducing fees for chip-mounted ID, and abolishing foreign language and informatics certificates for medical officials, come into effect this month.
EXPANDING FOREIGN MARKETS FOR VIETNAMESE GOODS
Vietnamese enterprises have made great efforts in effectively using FTAs to penetrate and bring Vietnamese goods to the international market.
QUANG NINH TOPS PCI RANKINGS FOR FIVE CONSECUTIVE YEARS
Quang Ninh secured the lead in the 2021 Provincial Competitiveness Index (PCI) rankings with a PCI score of 73.02, marking the fifth consecutive year the northern province has been at the top.
VIETNAM’S INFLATION LIKELY TO REACH 4.2% IN 2022: ADB, BIDV
Inflation in Vietnam is projected to rise sharply to 3.8-4.2% this year and remain at 4% next year, according to a report jointly issued by the Asian Development Bank (ADB) and the Bank for Investment and Development of Vietnam (BIDV).
INSURANCE INDUSTRY FORECASTS LESS FAVOURABLE YEAR IN 2022
After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.
