Business News

Real estate mergers and acquisitions (M&A) are expected to be a good source of FDI in Vietnam this year, said Savills, and forecasting M&A activity is likely to increase in terms of frequency and value.

Retail petrol prices fell by more than VNĐ1,000 per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the retail price of RON95 bio-fuel dropped by VNĐ1,039 to a maximum of VNĐ28,153 (US$1.23) per litre, while E5RON92 was adjusted down by VNĐ1,021 to no more than VNĐ27,309 per litre.

Prime Minister Pham Minh Chinh has expressed his belief that Vietnam will record stronger, more effective, and more sustainable socio-economic development in the second quarter of 2022.

Increases in petrol prices, and those of food, food stuff, restaurant food and public transport services led to a rise of 0.7 percent in the consumer price index (CPI) in March compared to that of the previous month.

Vietnam’s Gross Domestic Product (GDP) in the first quarter of this year was estimated to increase 5.03 percent year-on-year, higher than the 4.72 percent growth rate in the same period last year, according to the General Statistics Office (GSO).

1. Five outstanding early-stage fintech startups in Vietnam
2. Capital adequacy ratio the foundation of banking activities
3. IFC appoints new Country manager for Mekong Region
4. Vietnam's industrial production flourishes in Q1
5. Vietnam targets higher sovereign ratings by 2030
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Earlier, the HCM City Industrial Parks and Export Processing Zones Authority (HEPZA) had submitted the plan for the committee's approval with the aim of gradually weeding out labour-intensive firms and those using outdated technologies in Industrial Parks (IPs) and Export Processing Zones (EPZs).

1. Suction head air filter supply
2. Conveyor supply and installation
3. Technical equipment supply
4. Concentration standard gas supply
5. Generator supply and installation
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