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Vietnam's Export Sector Shows Strong Recovery Amid Global Shifts

Vietnam's Export Sector Shows Strong Recovery Amid Global Shifts

(SGI) - Vietnam's export landscape is undergoing a robust recovery, driven by a combination of market dynamics and strategic shifts in production. Michael Kokalari, Director of Macroeconomic Analysis and Market Research at VinaCapital, sheds light on the country's export revival.
Tax department needs to keep pace with E-commerce

Tax department needs to keep pace with E-commerce

(SGI) - Revenue collected from taxes of E-commerce activities in Vietnam as well as cross-border digital platforms has been gradually and steadily increasing in the last few years. Nonetheless, despite the development speed of E-commerce within the country and increase in cross-border digital services, the revenue increase has been rather insignificant.
Vietnam not oriented towards culture of tourism

Vietnam not oriented towards culture of tourism

(SGI) - Ministries and businesses have put in a great deal of effort in luring international visitors to Vietnam, but the number of foreign tourists has always been lower than to other countries in the region.
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China and Vietnam to strengthen supply chain

(SGI) - China is greatly interested in strengthening strategic development ties with Vietnam, improve connectivity between the two countries and build a sustainable supply chain. 
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Housing market facing severe crunch

(SGI) - The real estate market is currently facing a serious crunch, not seen in the last ten years. Both investors and real estate businesses have never faced such difficult times before. 
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Lack of orders plaguing export enterprises

(SGI) - During the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union. 
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Vietnam paving way for strong global trade

(SGI) - All the bi-lateral and multi-lateral Free Trade Agreements (FTAs), along with the Regional Comprehensive Economic Partnership (RCEP) which came into effect on 1 January 2022, have helped in opening up the Vietnamese market to the world. 
Prime Minister Pham Minh Chinh (R) receives US Secretary of Commerce Gina Raimondo in Washington DC. on May 11 (Photo: VNA)

Vietnam-US to have stronger trade relations

(SGI) - After nearly three decades of effort in normalizing relations, Vietnam and US are currently seeing great improvements in trade relations especially after the recent visit to the US of Vietnam’s Prime Minister Phạm Minh Chính. 
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First quarter economic review

(SGI) - The GDP growth in the first quarter of 2022 is estimated to increase by 5.03% year-on-year, higher than that of 2020 and 2021, marking a return to a 5% growth or more after many difficult years. 
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FDI projects must not disadvantage farmers

(SGI) - The Government has agreed to the proposal sent by the Ministry of Planning and Investment on the development criteria to attract Foreign Direct Investments (FDI) into the country. 
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Russia-Ukraine war may jeopardize economic recovery

(SGI) - The proposed socio-economic recovery and development program set out by the Government has now been approved by the National Assembly. The program has been particularly targeted at coping with the negative impact of the Covid-19 pandemic. However, the current Russia-Ukraine war will put great pressure on Vietnam's efforts towards economic recovery and macro stability in 2022.