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.
OUTSTANDING VALUE OF CORPORATE BOND EQUALS 3% OF COUNTRY’S TOTAL OUTSTANDING CREDIT
Total outstanding value of corporate bonds by the end of April 2022 reached VNĐ320.4 trillion (US$13.8 billion), accounting for a small proportion of the country’s total outstanding credit of 2.86 per cent, according to the State Bank of Việt Nam.
VIETNAM NEEDS TO FINE-TUNE ITS FOREIGN INVESTMENT ATTRACTION POLICY
With foreign direct investment’s (FDI) significant contributions to economic growth as well as its shortcomings being highlighted clearly amid global investment changes, Vietnam needs to take immediate measures to tap into the resources of this sector to boost its economy.
