Business News

Vietnam raked in approximately $77 billion from the export of phones, computers, electronic products, and spare parts during the past eight months of the year, according to the information published by the Ministry of Industry and Trade.

Real estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19 percent of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction.

By the end of this year, oil and gas, transportation, insurance, retail, and hydropower sectors will see positive signals, while the banking and real estate sectors are not ideal options for short-term investment, said experts from DNSE Securities Company.

The Ministry of Construction (MoC) has proposed that real estate projects must sell their products on real estate trading floors, according to the draft amending the Law on Real Estate Business. The ministry has also suggested that individuals engaged in brokerage activities must have a practising certificate.

Ho Chi Minh City attracted 2.97 billion USD in foreign direct investment (FDI) this year to September 20, a year-on-year increase of 26.1 percent, according to the municipal Department of Planning and Investment.

Vietnam is forecast to achieve economic growth of 7.2% in 2022, driven by a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank (WB).

1. Materials and equipment supply
2. Spare parts for fire detection system supply
3. Steel core aluminium cable supply
4. Equipment and materials supply
5. Pathology equipment supply
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1. Credit growth cap remains indispensable for macroeconomic stability
2. Banking, real estate not ideal options for short-term investors
3. The 10th Anniversary Logo of VietinBank MUFG strategic alliance
4. Vietnam's brand value went up 11 per cent
5. Danang sees high investment in Jan-Sept
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