Economy

Despite challenges prompted by the complex developments of COVID-19, Vietnam saw positive signals in foreign investment in 2021.

Vietnam is expected to accelerate its economic recovery from the pandemic this year after having recorded a 2.6 percent increase in gross domestic products (GDP) in 2021, Singapore’s Business Times reported.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

More than 463,000 people have used Mobile Money as of February 11, over one month after the Viettel Military Industry and Telecoms Group and the Vietnam Posts and Telecommunications Group launched the cashless payment service.

Masan expects its consolidated net revenue to reach between 90 trillion VND and 110 trillion VND in 2022, representing a growth of 22 percent and 36 percent compared to 2021’s result of 74.2 trillion VND.

Vietnam welcomed over 19,700 international arrivals in January 2022, up 11.2 per cent year on year, mainly due to the pilot tourism programmes and resumption of regular flights, according to the General Statistics Office.

A series of large consignments of many industries have been exported to other countries before and during the Tet festival signal hope for Vietnam’s export.

Over the past year, the economic situation has changed a lot due to the pandemic, which has affected non-life insurance revenue, but many businesses still achieved high profits.

Urban planning and development in Long An area towards urban architecture, creating a new and spacious appearance, ensuring quality, vision, synchronization, building a sustainable and smart ecological urban.

With the determination to successfully implement the "dual goals", the Provincial Tax Department has set out key tasks and groups of solutions, drastically directing the implementation in the coming time.

Viglacera Corporation JSC, the largest real estate and building materials group in Vietnam, has developed 11 industrial parks in Vietnam and one economic zone in Cuba.

Vietnam exported 287 tonnes of agricultural products to China via Kim Thanh border gate in the northern province of Lao Cai on the first three days of the Lunar New Year.