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VIETNAM ECONOMY INVESTMENT

HEALTH MINISTRY OFFICIALLY INTRODUCES VIETNAM'S COVID-19 VACCINE PASSPORT

The Ministry of Health has announced procedures for the issuance of Vietnam’s official COVID-19 'vaccine passports’ along with the passport templates.

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VIETNAM ECONOMY INVESTMENT

REMITTANCES TO VIETNAM ESTIMATED AT US$12.5 BILLION THIS YEAR

Incoming remittances to Vietnam would rise 10% year-on-year to some US$12.5 billion this year, the Foreign Exchange Management Department under the State Bank of Vietnam (SBV) announced at a press conference yesterday, December 28.

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VIETNAM ECONOMY INVESTMENT

EXPORTS SET TO EXCEED TARGET IN 2021

Despite a negative impact caused by the COVID-19 pandemic, the country's exports have scored a success this year with 11-month export revenues reaching approximately US$300 billion.

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VIETNAM ECONOMY INVESTMENT

FDI INFLOWS IN 2021 UP 9 PER CENT, SURPASSING $31 BILLION

According to the Ministry of Planning and Investment's Foreign Investment Agency, $15.2 billion was poured into 1,738 newly-licensed projects, a decrease of 31.1 per cent in number but a rise of 4.1 per cent in value.

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VIETNAM ECONOMY INVESTMENT

2021 REMAINS GAP YEAR FOR SOLAR DEVELOPERS

In 2020, Tien Thinh Trading and Construction Services Co., Ltd. implemented dozens of solar projects in many southern provinces and cities, with total revenues of the company reaching around $430,000. However, this year the firm only implemented a few small-scale projects with total revenues shrinking to one-tenth lower.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

TRANSPORT MINISTRY GRANTED AUTONOMY IN RESUMING INT’L COMMERCIAL AIR ROUTES

Permanent Deputy Prime Minister Pham Binh Minh assigned the Ministry of Transport to work with other ministries, agencies, and localities to meticulously consider and decide on the resumption of international commercial air routes.

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HOSPITALITY / TOURISM / ENTERTAINMENT

FIVE NATIONS RECOGNIZE VIET NAM’S VACCINE PASSPORT

The U.S., Japan, the United Kingdom, Australia and Belarus have officially accepted Viet Nam's vaccine passport while 80 partners, including India and Canada, have recognized in principle Viet Nam’s vaccine certificates.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 28, 2021

1. Interest rates continue to rise in markets
2. Banks boost long-term capital attraction
3. Generali named in Top 100 Vietnam Best Places to Work 2021
4. Top 10 world economic events in 2021
5. Cashew nut exports likely to exceed $3.6 billion this year
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