VIET NAM, ROK PLEDGE TO FOSTER COOPERATION IN TRADE, INDUSTRY, ENERGY
Minister of Industry and Trade of Viet Nam Nguyen Hong Dien and Minister of Trade, Industry and Energy of the Republic of Korea (RoK) Moon Sung-wook have agreed to launch measures to support enterprises in adapting to COVID-19 and foster cooperation between the two countries’ enterprises in trade, industry and energy in the upcoming time.
THREE PACKAGES TO HELP BUSINESSES WITH DIGITAL TRANSFORMATION
Of the three packages to be launched, the first is designed for small-scale firms, helping them embark on digital transformation. Each enterprise will be provided with VNĐ20 million - VNĐ50 million (US$870-2,180) funded by the State budget per year.
IMPORTS FROM CHINA SURGE TO NEARLY US$100 BILLION IN JAN-NOV
Vietnam imported goods worth US$99.4 billion from China between January and November, soaring 33.2% compared with the same period last year.
HANOI'S SOCIO-ECONOMIC DEVELOPMENT INDICES IN 2022
The capital city of Hanoi will focus on “discipline, responsibility, action, innovation, development” in its activities, and outline several socio-economic development indices in 2022 as follows:
VN BANKING INDUSTRY’S VALUATION HIGHER THAN REGIONAL PEERS
The valuation of the Vietnamese banking industry is relatively high compared to other regional countries, according to Military Bank Securities Company (MBS).
MASTERCARD ECONOMICS INSTITUTE: 2022 ECONOMIC OUTLOOK DEFINED BY DIGITAL RESILIENCE AND A RETURN TO THE ‘EXPERIENCE ECONOMY’
Ahead of the pandemic’s second year milestone, the Mastercard Economics Institute released Economy 2022, a global outlook for the coming year. Based on critical trends, the report reveals how five fundamental factors - savings and spending, supply chains, digital acceleration, travel, and a growing list of economic risks - will continue to shape the global economy.
MANY EXPORTS RECOVER RAPIDLY
Faced with enormous pressures from the COVID-19 pandemic, exports in 2021 not only stood firm but also staged a strong recovery with many outstanding achievements.
VIETNAM'S ACHIEVEMENTS IN FOREIGN AFFAIRS DURING INTERNATIONAL INTEGRATION
To date, Vietnam has set up diplomatic ties with 189 nations, had economic and trade ties with over 230 countries and territories, and established strategic partnership and comprehensive partnership with 30 countries.
