Export revenue recorded by businesses in Ho Chi Minh City reached 44.9 billion USD last year, up only 1 percent from 2020, partially due to impacts of the COVID-19 pandemic, heard a conference jointly held by the US Agency for International Development (USAID) and the municipal Department of Industry and Trade on January 18.

Alibaba.com recently issued a report on the overview of Vietnam’s digital transformation 2022 that unveils promising export sectors for Vietnamese small and medium-sized enterprises (SMEs).

The US-based Fibre2Fashion portal has recently run an article highlighting several foreign financial organisations’ relatively positive predictions for Vietnam’s economy, saying that its growth is expected at 6.5-6.7 percent in 2022.

Prime Minister Pham Minh Chinh on January 18 chaired a meeting with representatives of relevant ministries, sectors and of Hanoi, Bac Ninh and Hung Yen on the investment policy for the Ring Road No.4 project in the Hanoi Capital Region.

After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from 150 million USD to 220 million USD in order to maintain the cooperation with SeABank in re-financing SMEs, women-owned businesses and the climate.

The Vietnam Maritime Corporation (VIMC) had great performance in 2021, earning around 3.75 trillion VND (165 million USD), according to Nguyen Canh Tinh, general director of the shipping giant.

Vietnam is aiming at 900 million USD from cashew nut export to the European Union (EU) in 2022.

Export revenue of wood and furniture generated frrom the US market is predicted to reach 10 billion USD in 2022 thanks to the development trend from 2021.

Despite pandemic-caused difficulties, Vietnam still posted a trade surplus of 4 billion USD, an impressive achievement partly attributed to free trade agreements (FTAs), especially the new-generation ones.

A seminar to promote agricultural trade and investment and cooperation between enterprises of the northern mountainous province of Ha Giang and Israel has been held in the Vietnamese locality.

Fast digital transformation is considered the best way for Vietnamese agricultural sector to overcome difficulties to recover and develop in the post-pandemic period, thus affirming its role as a key pillar of the economy, according to experts.

Vietnam pales in comparison with Japan and China in regard to the size of the luxury market, but it has a great potential to become a highly profitable market in the near future, according to Jing Daily, a leading digital publication on luxuries in China.

The Vietnamese stock market has witnessed drastic changes in both quality and quantity in 2021 and the trend will continue this year, BIDV Securities Company said in a recent report.

The scarcity of rubber raw materials is forecast to continue in 2022, and world rubber is entering a new price increase cycle due to the decreasing supply, opening an optimistic picture for Vietnamese rubber enterprises to enjoy the dual benefits in terms of both export volume and value.

Leaders of Binh Duong province on January 17 met with Vice President of the LEGO Group Preben Elnef, who said the Danish toy manufacturer will accelerate the construction of its 1 billion USD factory here as committed.

Trung Nam Tra Vinh 1 Wind Power JSC, a member of Trungnam Group, has inaugurated the Dong Hai I Wind Power Plant in Dong Hai commune, Duyen Hai district, the Mekong Delta province of Tra Vinh.

Ecological agriculture, modern rural areas and smart farmers are expected to be the three key factors helping agriculture secure its role as a firm pillar of the economy in 2022 and following years.

The northern provinces of Lao Cai and Quang Ninh have decided to temporarily halt receiving vehicles of fresh fruits for export to China via some of their border gates and crossings, as congestion is still lingering there.

The Civil Aviation Authority of Vietnam (CAAV) has been allowed to decide on the frequency of domestic flights to meet the travel demand during the upcoming Tet (Lunar New Year) holiday, under a document signed by Deputy Minister of Transport Le Anh Tuan.

The State Bank of Vietnam set the daily reference exchange rate for the US dollars at 23,085 VND/USD on January 17, up 3 VND from the last working day of previous week (January 14).