Business News

More initiatives from the government to develop the real estate industry, particularly taxation and credit limitation, are believed to lay a foundation for curbing land speculation, maximising residential properties and creating a set of diversified financing options.

During the Lunar New Year Festival (from January 29 to February 6), trade with the rest of the world reached US$ 3.05 billion, up 83 percent compared to the previous Tet.

The appearance of new variants of COVID-19 virus in 2021 slowed down the world economic recovery. In addition, the pandemic caused disruption to the global value chain, increasing the price of raw materials, which was a big challenge for production and business activities of many countries.

1. SSI: January credit growth strongest in 10 years
2. Foreign investment to flourish post-pandemic
3. Export-import turnover up 83pct during Tet holiday
4. Taxation and credit restrictions to combat real estate speculation
5. Seaport enterprises set for promising year in 2022
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1. Conveyor supply and installation
2. Formation coring service supply
3. Switching equipment and cubicle supply
4. Partial discharge tester supply
5. Equipment supply and installation
----and more news

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Minister of Planning and Investment Nguyen Chi Dung said, to fulfill the economic growth target of 6.5-7 percent for 2021-2025, the programme is set to ensure rapid recovery and development, as well as safe adaptation to the COVID-19 pandemic in 2022-2023.

In its recent report, Fitch said that improving levels of vaccination in the country should reduce the risk that the recovery is set back by further COVID-19 outbreaks. However, the evolution of the pandemic remains subject to uncertainties, in particular as daily cases have trended higher in recent months.