The loan is accompanied by a $750,000 technical assistance grant to help TPB better meet the needs of WSMEs. — Photo nguoiduatin.vn MANILA — The Asian Development Bank (ADB) signed a US$25 million loan with Tiên Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and …
Read More »Vietnam GDP to grow at 6.5 pct in 2022: HSBC
HSBC has pegged Vietnam’s growth at 6.5 percent this year, driven by a recovery in manufacturing and rising exports amid high vaccination rates. “Unlike 2020, Vietnam is now in a better vaccine position, which should allow for a more nuanced calibration between health protection and economic revival,” the bank said …
Read More »Mekong Delta flower farmers worry about Tet sales as traders keep away
Farmers in Mekong Delta provinces have cut output by half due to COVID-19. — VNA/VnExpress News Photo HCM CITY — With only a few weeks left for the peak flower shopping season during Tết (Lunar New Year), many farmers in Đồng Tháp, Bến Tre and Tiền Giang provinces and HCM …
Read More »MARD seeks solutions on refrigerated container shortage and high rental prices
Trucks carrying Vietnamese goods lay stranded at the border due to China’s strict COVID-19 preventive measures and sluggish customs clearance. — Photo laodong.vn HÀ NỘI — To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem …
Read More »VN banks expect to sell more shares to foreign investors in 2022
Customers trade at an Orient Commercial Bank (OCB)’s office. OCB is negotiating with foreign partners to sell 10 per cent of its charter capital. — VNA/VnExpress News Photo HÀ NỘI — A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies. Leaders of …
Read More »Việt Nam has 683,600 operational firms: economic census
As of December 31, 2020, Việt Nam counted 683,600 operational enterprises. — VNA/VnExpress News Photo HÀ NỘI — As of December 31, 2020, Việt Nam counted 683,600 operational enterprises, up 35.3 per cent from 2016, the 2021 economic census revealed. According to the census, whose preliminary results were announced by …
Read More »US anti-dumping decision poses threat to Vietnamese raw honey businesses
Nguyễn Phương Thảo Since the US Department of Commerce decided to apply the highest ever tariff rate (over 412 per cent) for raw honey imported from Việt Nam, which exports more than 90 per cent of its honey to the US, small honey companies have been like a beehive …
Read More »Government resolution sets 2022 growth target at 6 to 6.5 per cent
The Government aims at 4 per cent growth in the Consumer Price Index in 2022. —VNA/VnExpress News Photo HÀ NỘI — The Government has issued a resolution on tasks for the implementation of the socio-economic development plan and State budget estimate in 2022 with a target of 6 to 6.5 per …
Read More »Southern key economic region receives large inflow of foreign investment in 2021
A factory of Vina Kraft Paper Co. Ltd. was financed by SCG Group from Thailand, in Mỹ Phước 3 Industrial Park in Bình Dương Province. — VNA/VnExpress News Photo Chí Tưởng HÀ NỘI — Although the fourth wave of the pandemic negatively affected local production and businesses, the inflow of foreign investment to the southern key economic region increased significantly in 2021. …
Read More »Top 5 commodity brokers in Việt Nam revealed
The Gia Cát Lợi Commodity Trading JSC is among top five largest commodity companies in Việt Nam in 2021. — Photo the company HÀ NỘI — The five companies holding the largest commodity brokerage market shares in Việt Nam sustained their positions in 2021, according to the Mercantile Exchange of Việt Nam (MXV). The Gia …
Read More »