News
19/11/2022
[NEWS] – Export turnover of goods in October exceeded 30 billion USD
Merchandise export turnover in October 2022 was estimated at 30.27 billion USD, up 1.5% over the previous month and up 4.5% over the same period last year.
[NEWS] – Vietnam’s economy grew amazingly in the Third quarter of 2022
On October 20 in Hanoi, the World Bank (WB) announced the Update on Vietnam’s Macroeconomic Situation in October 2022.
[NEWS] – Vietnam belongs to the group of 7 prominent economies in the context of the difficult world economy
According to the Financial Times (UK), which has just published on September 26, it appreciates the economic performance results achieved by 7 countries in the context of the world economy facing many difficulties, especially in Vietnam.
[NEWS] – Improve logistics capacity to accelerate exports to the EU
Vietnam-EU trade has grown quite positively after more than 2 years of implementation of the EU-Vietnam Free Trade Agreement (EVFTA). However, in order to reduce the pressure on logistics costs and speed up exports to the EU, in the coming time, more attention should be paid to solutions to improve competitiveness for logistics service enterprises in particular and the logistics industry in general.
[NEWS] – Opportunities for cooperation between Vietnam and Laos are expanded
The high-ranking Lao People’s Democratic Republic delegation visited and worked with the leaders of the Bac Ninh and Lam Dong provinces. Ms. Hua Thi Bich - General Director of Indochina Holdings, and the Economic Diplomatic Advisor of the Consulate General of the Lao PDR in Ho Chi Minh City participated in the delegation.
[NEWS] – Vietnam is considered Asia’s new tiger
"Vietnam and Indonesia are emerging as Asia’s new economic powerhouses alongside South Korea and Singapore," according to Agefi.
[NEWS] – The first time “legalize” the regulation of the real estate market
The Law on Real Estate Business was revised in the spirit of solving inadequacies from practice that hindered socio-economic development; Eliminate overlaps in law enforcement and administrative procedures. The Ministry of Construction plans to institutionalize 4 groups of policies that the Government submits to the National Assembly in 11 chapters of the Draft Law on Real Estate Business (amended) with 99 articles.
[NEWS] – Trade activities at the Vietnam - Laos border gate are fully restored
Nghe An province has just announced that the Lao Government has allowed the reopening of main border gates and auxiliary border gates on the borderline to serve entry and exit activities. This system of border gates and openings creates favorable conditions for people and businesses to travel, buy and sell goods from Nghe An to Laos and vice versa.
[NEWS] – Inflation is ’hot’, banks are ’racing’ to raise interest rates
On September 22, the State Bank adjusted a series of operating interest rates, including the ceiling deposit interest rate. These decisions take effect from September 23. For the first time in 2 years, the State Bank raised a series of operating interest rates including ceiling deposit rates, rediscount interest rates, and refinancing rates.
[NEWS] – FED raises interest rates to highest level since 2008
On September 21, after a two-day meeting, the FED decided to raise the introductory interest rate by 0.75 percentage points (75 basis points) for the third time in a row, and the fifth rate hike of this year. The primary interest rate band was raised to range from 3 to 3.25%, the highest since January 2008.