Business News

Matsumoto revealed the findings of JETRO's annual survey, which queries Japanese companies about their expansion and investment aspirations. Until 2020, the dominant investment focus had been China. However, a trend shift occurred in 2021, with Vietnam outstripping China as the favoured destination for Japanese firms.

1. HCM City's credit growth remains slow in H1
2. Electronic payment continues to flourish in Vietnam
3. Sacombank named among 10 most innovative enterprises
4. Vietnam's economy shows bright spots amid global difficulties
5. Forestry products bring home over 6.4 billion USD from exports in H1
----and more news

1. Cashless payment on the rise in Vietnam
2. SCB announces branch closures amidst restructuring
3. Vietnam's PMI recovers but still under 50
4. VCCI comments on draft decree about VAT cuts
5. Textile apparel sector in dire straits
----and more news

At HSBC, we always try our best to protect our customers from NOT becoming the victims of increasing financial crimes. Therefore, we would like to share with you the latest popular methodologies that the scammers are using to attack the victims and how you can avoid them.

DISCOVER CULINARY PARADISE IN SAI GON
Featuring several restaurants serving cuisines from Asia to Europe, LOTTE HOTEL SAIGON provides all the needs of visitors looking for a place to eat that offers a variety of colors - shades - tastes. This July, customers will enjoy attractive promotions:

1. SBV prohibits loans for deposit, gold purchase, and refinancing
2. Finance ministry finds 4 insurers flouted bancassurance regulations
3. Index of industrial production up 0.44pct in six months
4. Squid and octopus exports a bright spot from Japanese market
5. Vietnam promotes development of eco-industrial parks
----and more news

Vietnam's economy registered a strong recovery with a GDP growth rate of 8.02% in 2022, but since the fourth quarter of 2022, headwinds have been negatively affecting Vietnam's economy. Nevertheless, the economic outlook for 2023 is still optimistic as Vietnam is expected to recover in the second half of the year, preserving its position as a rising star in the ASEAN region.

1. Payment solutions for international businesses in Vietnam
2. Changes to make bancassurance channel healthier
3. Vietnam's GDP growth in H1 remains low
4. FDI flows into Vietnam forecast to increase in H2: Experts
5. Trade surplus reaches 12.25 billion USD in H1
----and more news