Business News

Việt Nam's industry and trade sector has obtained encouraging results in 2022, contributing to the national socio-economic development. The following is a list of the ten most outstanding events of the year as selected by the Ministry of Industry and Trade (MoIT).

After a lengthy period of inactivity, the real estate market in and around Ho Chi Minh City is resuming deals, mostly in new full-scale developments. Property prices in the central district of Ho Chi Minh City have risen to such an extent that many young people are choosing to purchase homes in the suburbs, where costs are more affordable.

This is the greatest rise since 2010. According to the GSO, the GDP growth rates for the years 2011 through 2021 stood at 6.41 per cent, 5.50 per cent, 5.55 per cent, 6.42 per cent, 6.99 per cent, 6.69 per cent, 6.94 per cent, 7.47 per cent, 7.36 per cent, 2.87 per cent, and 2.55 per cent respectively.

Vietnam is set to fetch US$732 billion in foreign trade this year, representing an annual rise of 10%, said the Ministry of Trade and Industry at a year-end meeting in Hanoi on December 26.

The total disbursed volume of foreign direct investment (FDI) in 2022 has reached a new record of US$22.4 billion, up 13.5 percent over the previous year, according to the Ministry of Planning and Investment.

We are excited to share with you that a one-stop visa application portal (www.hkengage.gov.hk) under the Talents Service Unit has been rolled out, as part of Hong Kong’s relentless efforts to attract talents around the world following the blueprint outlined in Chief Executive Mr John Lee’s Policy Address on 19 October 2022.

This holiday season, treat your loved ones to the most spectacular brunch events of the year by The Reverie Saigon. The festive brunches feature the first collaboration ever between our 4 talented chefs from Café Cardinal, Da Vittorio Saigon, The Long @ Times Square, and The Royal Pavilion, each presenting a signature culinary experience.

Minister Nguyễn Hồng Diên said the sector had made significant progress despite numerous difficulties and challenges including complicated geo-political developments around the world, rising trade protectionism, disrupted supply chains in the aftermath of a global pandemic and tightened monetary policies by major central banks.