Monday , May 20 2024

Business

Business

Việt Nam looking to expand exports to Eurasian market

  Workers of Biển Hồ Tea JSC harvest tea for exports to Russia and Eastern European countries. Two-way trade between Việt Nam and the Eurasian region hit US$12.7 billion in 2020, representing a year-on-year increase of 20.4 per cent. — VNA/VnExpress News Photo Hồng Điệp HÀ NỘI — Being flexible in accessing distribution …

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Textile firms urged to go green to attract more credit

  Workers make apparels for export at Thái Nguyên Export Garment Joint Stock Co in the northern province of Thái Nguyên. Textile firms should embrace green growth and strictly comply with green regulations on production in order to become more appealing to bank credit, notably green credit. VNA/VnExpress News Photo …

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Bình Dương to get economy back on track in 2022

  BÌNH DƯƠNG — The southern province of Bình Dương looks to get its COVID-stricken economy back on track this year, aiming for an increase of 8 – 8.3 per cent in Gross Regional Domestic Product (GRDP). Last year, the fourth COVID-19 wave took a heavy toll on the local economy, lowering growth to …

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F88 secures US$10 million debt financing from Lendable

  An F88 shop. — Photo courtesy of the firm HÀ NỘI — F88 has successfully closed a US$10 million senior secured loan facility from Lendable Inc, a leading emerging market fintech debt finance provider. This facility is the first transaction for Lendable in Việt Nam and it marked a significant milestone for …

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Việt Nam’s agricultural produce to China fully traceable

  Grapefruits grown in Núi Bé Commune in Chương Mỹ District could be traceable. Most export products in Việt Nam are complied with regulations on animal and plant quarantine, having traceability and growing area codes.— Photo hanoimoi.vn  HÀ NỘI — Việt Nam’s agricultural produce sent to China are, including those sent via unofficial channels, quality products. Quality has …

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Rubber exports recover strong growth in 2021

  Việt Nam’s rubber exports in 2021 reached 1.93 million tonnes, earning $3.24 billion. —Photo nld.com.vn HÀ NỘI —The domestic rubber industry had a strong recovery in export turnover last year, after 10 years of plunging due to a strong reduction in the export price of rubber. Vietnamese rubber products …

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WB forecasts 5.5 pct growth for Vietnam

WB forecasts 5.5 pct growth for Vietnam

A World Bank (WB) report released Thursday projects Vietnam’s 2022 GDP growth at 5.5 percent if the Covid-19 pandemic is controlled. The projection is lower than that of the Vietnamese government at 6.5-7 percent, HSBC at 6.5 percent and Standard Chartered by 6.7 percent. Vietnam’s service sector is expected to …

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VN’s GDP to bounce back in 2022 at 5.5%: WB

  World Bank senior officials during the release of its latest economic report on Việt Nam via an online conference yesterday. — VNA/VnExpress News Photo HÀ NỘI — Việt Nam’s GDP growth has been forecast to accelerate at a 5.5 per cent rate in 2022 from a dismal 2.58 per cent during …

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Japanese investor eyes Vietnamese LNG sector

  A rendering of the LNG terminal plant in the South Đình Vũ Terminal in the northern city of Hải Phòng. — Photo courtesy of JAPEX HCM CITY — Japan Petroleum Exploration Company Ltd (JAPEX) is set to buy an undisclosed stake in ITECO Joint Stock Company and join hands to build a …

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Việt Nam among key markets of Ford Motor Company

HÀ NỘI — Việt Nam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years. Five new car models of Ford will be sold in the Vietnamese market this …

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