FDI TOTALS 12.25 BLN USD IN FIRST FOUR MONTHS
Foreign direct investment reached 12.25 bln USD in the first four months of this year, according to the General Statistics Office.
AGRO-FORESTRY-FISHERIES EXPORTS UP 24% IN FIRST FOUR MONTHS OF 2021
The export value of agro-forestry-fisheries products in the first four months of 2021 stood at around 17.15 billion USD, a 24.2 percent increase year-on-year.
FOODSTUFF PRICES RISE, POSE INFLATION THREAT
Ðỗ Văn Khuôl, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.
VIETNAM-ASEAN TRADE TURNOVER DURING 1995-2021 PERIOD
Vietnam-ASEAN trade turnover has increased rapid over the last 26 years (1995-2021), contributing to the development of Vietnam and other ASEAN member states.
DIGITAL TRANSFORMATION GREATLY BENEFICIAL TO BUSINESSES
Digital transformation and e-commerce will continue to thrive in 2021 and create a new catalyst for economic growth, according to experts. This is also an opportunity for Vietnamese companies to develop new business strategies.
STARTUPS ATTRACTING FUNDS WITH M&A
In the first three months of 2021, there were 16 deals involving Vietnamese startups compared to 20 deals in 2020 and 30 deals in 2019. Although the number of deals decreased, the total value of the deals (excluding undisclosed funding amounts) reached $150 million, up 34 per cent against last year’s period, according to the latest report by Nextrans Venture Capital Fund.
MEAGRE PROFITS FOR SOME LEAD TO LONGER-TERM HOPES
Vietnam witnessed a growth of import-export activities in the first four months of 2021, hitting a 10-year record high despite the pandemic, but profits have been eaten away by high logistics and raw material costs.
SUNNY FDI OUTLOOK AMID SUPPLY STRAINS
While concerns over interruption of global supply chains linger due to serious outbreaks of COVID-19 in India, Thailand, and elsewhere, Vietnam is attempting to remain on the front foot with continued business confidence and inflow of foreign investment.
