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Image: An inevitable economic trend

An inevitable economic trend

Green and sustainable growth is an inevitable economic trend that localities need to follow. To restrict investment projects that can threaten the environment at the start, the Vietnam Chamber of Commerce and Industry (VCCI) has recently announced the Provincial Green Index (PGI) and considered it

Image: Red River Delta expected to be driver of economic growth

Red River Delta expected to be driver of economic growth

HCMC – Prime Minister Pham Minh Chinh wants the Red River Delta region, which includes 11 cities and provinces in Northern Vietnam, to further promote its role as the country’s major driver of economic growth, heard a conference held in Quang Ninh Province’s Halong City on February 12. The Red

Image: HCMC joins hands with Central Highlands for sustainable economic growth

HCMC joins hands with Central Highlands for sustainable economic growth

HCMC – HCMC and five provinces of the Central Highlands region have cut a deal to boost sustainable socio-economic development until 2025. The deal is aimed at unlocking the potential of these localities to create value, contributing to the region’s socio-economic development and forming a link

Image: Vietnam’s Economy Faces Near Term Uncertainty, Economists Say

Vietnam’s Economy Faces Near Term Uncertainty, Economists Say

The Q3-2021 lockdowns affected about 28.2 million workers, including a loss of 2.5 million in jobs and an increase in the unemployment rate to a record high 3.7 percent.

Image: Vietnam’s Economic Growth Expected to Accelerate to 5.5% in 2022 and Greening its Trade Would Offer New Opportunities: World Bank

Vietnam’s Economic Growth Expected to Accelerate to 5.5% in 2022 and Greening its Trade Would Offer New Opportunities: World Bank

Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5% from 2.6% in the year just ended, the World Bank’s economic update for Vietnam Taking Stock says.

Image: Vietnam Likely to Have Current Surplus in 2022, HSBC Says

Vietnam Likely to Have Current Surplus in 2022, HSBC Says

While favourable base effects partly explained the surprisingly high growth, the level of exports nonetheless returned to the pre-Delta variant level. Among the most affected sectors, textiles have gradually recovered (up 25% y-o-y), but the footwear industry is still impacted (down 14% y-o-y).

Image: Vietnam’s Ability to Weather External Shocks Has Faded in 2021, HSBC Says

Vietnam’s Ability to Weather External Shocks Has Faded in 2021, HSBC Says

Fading protection in 2021. Vietnam’s ability to guard against external risks has been strong over the years, thanks to its shift to a current account surplus, as its trade surplus widened. However, the protection is fading in 2021.

Image: Fitch Affirms Outlook on Standard Chartered Vietnam at Positive

Fitch Affirms Outlook on Standard Chartered Vietnam at Positive

Fitch’s ratings are driven by the institutional support from100% shareholder, Standard Chartered Bank, for Standard Chartered Vietnam given itsimportant role in the group's broader South-East Asia strategy.

Image: Heightened Awareness that Resilient Supply Chain More Than Just Operational and Cost Efficiency

Heightened Awareness that Resilient Supply Chain More Than Just Operational and Cost Efficiency

As global supply chains continue to experience disruptions since the outbreak of COVID-19, companies are increasingly looking to adopt a holistic approach to supply chain management.

Image: Vietnam Remains the Sixth Leading Country of Origin for All International Higher Education Students in the United States

Vietnam Remains the Sixth Leading Country of Origin for All International Higher Education Students in the United States

Of the 21,631 Vietnamese students enrolled in higher education in the United States, 70.6 percent were undergraduates, 15.6 percent were graduate level students.

Image: HSBC Gives Some Predictions of the Vietnam’s Reopening of Tourism

HSBC Gives Some Predictions of the Vietnam’s Reopening of Tourism

Despite a small and rather cautious first step, this has key implications for the economy, particularly its reeling labour market and shrinking current account advantage.

Image: Fitch Assigns Phat Dat Real Estate Development First-Time 'B' IDR; Outlook Stable

Fitch Assigns Phat Dat Real Estate Development First-Time 'B' IDR; Outlook Stable

Fitch Ratings has assigned Vietnam-based Phat Dat Real Estate Development Corp (PDR) a first-time Long-Term Issuer Default Rating (IDR) of 'B'. The Outlook is Stable.