Business News

Session 3: Robotic Process Automation (RPA)
Date: Wednesday, 19th January, 2022
Time: 10.00 – 11.30

1. Equipment and machinery supply
2. Abrasive cleaning machine supply
3. Standby cartridge belt supply
4. Labour protection equipment supply
5. Galvanometer protection box supply
----and more news

1. Cashless payments account for over 70pct of retail transactions in 2021
2. Banks' capital provision in Vietnam lower than regional countries
3. A balance between pandemic prevention, economic growth and inflation
4. Inflation would be controlled in 2022: Experts
5. EU remains highly potential importer of Vietnamese rice
----and more news

Vietnam’s gross domestic product (GDP) in 2021 increased by 2.58 percent from the previous year, according to the General Statistics Office.

Phú told online paper laodongthudo that Việt Nam needed a great amount of investment for its development, adding that effectively attracting domestic and foreign investment capital would lead to the launch of new production factories and agricultural farms and the development of new roads, airports and ports. That would not only help create new jobs for local people but also foster the country's economic growth.

Vietnam’s industrial production recorded an increase of 4.82 percent in added value compared to 2020, according to figures from the General Statistics Office (GSO).

Under the recent TMX report "The great supply chain migration – breaking down the cost of doing business in Asia," the average total operating cost for a manufacturing company in Việt Nam ranges from US$79,280 to $209,087 per month, compared to leader Singapore at $366,561 and second placed Thailand at $142,344.

Standard Chartered Bank forecasts Viet Nam’s recovery will accelerate markedly in 2022, with GDP growing by 6.7 per cent. The bank also raises its 2023 growth forecast for Viet Nam to 7 per cent as it believes the country’s positive medium-term outlook remains intact.