Business News

Last month, CPI grew by 3.18 per cent compared to the end of last year. In the first six months of the year, the price index of raw materials used for production increased by 6.04 per cent compared to the same period last year. Prices of many imported inputs also soared.

With the advantages of geographical location and investment plans for land around ports, the 17-hectare Tân Cảng-Hiệp Phước (TCHP) Port situated in HCM City’s Nhà Bè District has huge potential to become a logistics centre in the south of the city.

The Vietnam Maritime Administration has written a statement asking the Ministry of Transport for approval of Son My Industrial Park Infrastructure Investment and Construction Company Limited’s proposal to invest in building the general port with the aim of serving Son My 1 Industrial Park.

Vietnam’s process manufacturing sector has to date attracted 252 billion USD in foreign direct investment (FDI), accounting for nearly 60 percent of the total foreign capital poured into the Southeast Asian country.

1. Higher residential deposits recorded in the first 5 months of 2022
2. Banks raise charter capital for new growth stage
3. Non-cash payments to change status of digital economy
4. MB wins two awards for Digital Banking Initiatives in Vietnam
5. Growing India-Vietnam economic relations
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The Mekong Delta’s economic scale is projected to expand 2-2.5 times by 2030, according to Resolution No. 78/ND-CP dated June 18, 2022 by the Government regarding an action plan on the implementation of Resolution No. 13-NQ/TW dated April 2, 2022 by the Politburo on socio-economic development orientations and measures to ensure national defence and security in the Mekong Delta by 2030 and vision to 2045.

According to estimates from cafef.vn, at the end of the second quarter, customers’ available balance in securities accounts reached VNĐ80 trillion (US$3.4 billion), a decline of VNĐ20 trillion over the record number at the end of the previous quarter. This is the lowest level since the first quarter of 2021.

Up to 85 per cent of enterprises in the processing-manufactoring and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).