Tag Archives: vn economy

Compiled by Thiên Lý There is a serious threat of inflation this year with several factors being in the mix, analysts warn. Ngô Ngọc Dung, a housewife in HCM City’s District 7, said in recent times she has to spend at least VNĐ300,000 (US$13) a day to buy the things …

  A worker extracts latex from rubber trees. VNA/VnExpress News Photo HÀ NỘI — While some rubber firms are aiming high this year, others have had to lower profit targets due to various risks. According to the Vietnam Rubber Association, rubber materials shortages have recently pushed up latex prices, bringing higher …

  Many commercial spaces for rent around Nguyễn Huệ Street in HCM City cannot find tenants. — Photo nld.com.vn HCM CITY — Commercial spaces on HCM City’s main streets do not have many takers since rentals remain too high. While the rental market in places close to downtown such as Phú …

  A cold warehouse of AJ Total Vietnam in Long Hậu Industrial Park. Photo baodautu.vn HÀ NỘI — Due to mounting demand for cold storage, investments in cold facilities have begun to take off in recent years. Savills, a global real estate services provider, reported that Việt Nam’s cold storage segment was …

  Prices of building materials and interior decoration have all increased.  — Photo nld.vn HÀ NỘI — With local construction contractors recovering after the heavy impact of the pandemic, the increased prices of building materials and the labour costs have a significant effect on their performance. In recent days, steel manufacturers have continued to send notices of higher prices …

   A hand holding bank cards of different banks. VnExpress News Photo Đoàn Tùng  HÀ NỘI — There is still ample room for domestic credit card (DCC) growth since the number of DCC holders is relatively low in Việt Nam, according to experts at a seminar on DCCs held on Friday. …

  Some major fiscal policies meant to boost economic recovery will affect the city’s tax revenues in the coming time. — VNA/VnExpress News Photo HCM CITY — HCM City’s tax revenues rose in the first two months of the year as the economy showed signs of recovery. But policies to boost economic recovery that are being implemented will …

   A view of HCM City’s financial district. A recent report from HSBC has adjusted Việt Nam inflation forecast from 2.7 per cent to 3 per cent. — VNA/VnExpress News Photo HÀ NỘI — In a recent report, HSBC adjusted its prediction for Việt Nam’s inflation this year from 2.7 per …

  A worker checks wooden product before packaging for export in a wood processing company in Bình Dương Province. — VNA/VnExpress News Photo HÀ NỘI — Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market along with meeting necessary factors in Free Trade Agreements …

  The Tân Phú Celadon shopping mall in HCM City. Pandemic impacts have prompted foreign retail businesses in Việt Nam to diversify the sales channels and improve customer service. — Photo courtesy of AEON Vietnam HCM CITY — Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations …