VIETNAM EXPECTING TO SPEND EVEN MORE ON IMPORTS
Southeast Asia is facing rising inflation, a problem that is exacerbated by the failure of energy and food prices to fall. Last month, the Monetary Authority of Singapore (MAS) tightened monetary policy for the third time since October to deal with inflation that is expected to heat up.
VIETNAM TENDERS DAILY- MAY 25, 2022
1. Prestressed concrete sleepers supply
2. Waterway transport equipment supply
3. Garbage squeezing truck supply
4. Laser shaft alignment machines supply
5. Equipment and machinery supply
----and more news
SURF & TURF SET DINNER FOR SHARING
Enjoy a truly memorable evening with a delicious feast of steakhouse favourites featuring premium imported Australian rib eye, chicken wings and bratwurst sausages alongside fresh prawns and mussels, as well as a collection of favourite side dishes and dessert. A perfect choice for sharing with family and friends whilst overlooking the spectacular panorama of the rising Saigon skyline.
GROWTH TARGET OF 6.5% REMAINS BIG CHALLENGE: DEPUTY PM
The targets set for 2022, including the growth target of 6-6.5 percent, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi on May 23.
SUPPORTIVE SOLUTIONS NEEDED FOR ENTERPRISES
According to the Việt Nam Association of Supporting Industries (VASI), to improve the capacity of Vietnamese enterprises, it is necessary to have supportive policies to reduce costs, easy access to credit and preferential interest rates for businesses in investment activities and production. There are also solutions for training and improvement of management.
INTELLASIA FINANCE & BUSINESS NEWS - MAY 24, 2022
1. Remittances to maintain upward momentum
2. Growth target of 6.5pct remains big challenge: deputy PM
3. Challenging situation need strong decisions
4. VN determinedly stops slow public investment projects
5. Excise tax payments extended for local auto firms
----and more news
MODERNIZING, ADAPTING INSTITUTIONS LIKELY TO BE KEY TO VIETNAM'S SUCCESS
For Vietnam to realize its aspiration for reaching high-income status by 2045, the country will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments.
APRIL’S CPI INCREASES 0.18 PERCENT
The consumer price index (CPI) in April rose 0.18 percent over the previous month and 2.64 percent year on year, according to the General Statistics Office.
