The Singapore-based United Overseas Bank (UOB) has kept its forecast for Vietnam's GDP growth in 2023 unchanged at 6.6% in line with the official forecast of 6.5%, although growth momentum is likely to be weaker.

The State Bank of Vietnam (SBV) must direct commercial banks to meet all payment and cash demands of individuals and firms during Tet (Lunar New Year).

The retail prices of petrol were increased in the latest adjustment on January 3 by the Ministry of Industry and Trade and the Ministry of Finance.

Under the directive, the Prime Minister requested the SBV to proactively monitor the global and domestic economic developments in order to manage the monetary policy cautiously and flexibly.

Of the total, 3,316 tonnes of goods, mostly agricultural and aquatic products, were exported to China.

As of December 30, VLA admitted additional 128 members, bringing its total membership to 659.

Việt Nam is leisure and business destination, and both tap into a wide range of international demand.

By adjusting the plan and boosting production, motorbike enterprises in Việt Nam have partly solved the problem of lack of supply and goods at dealers.

Despite many difficulties due to increasing interest rates, the pressure on the capital market is expected to decrease gradually in 2023, experts forecast.

Nearly 4,000 tonnes of cargo were customs-cleared in Hai Yen ward, Mong Cai city, in the northern province of Quang Ninh in the first two days of 2023, according to the management board of Mong Cai International Border Gate.

Hanoi attracted 1.69 billion USD in foreign direct investment (FDI) last year, still among the localities leading the nation in this field.

Beer and soft drink companies, which traditionally used to increase prices ahead of Tết (the Lunar New Year), are instead offering promotions this year as the sluggish post-COVID economy has hit demand.

Developing coded planting regions and package facilities is one of the mandatory requirements related to phytosanitary conditions for export products. 

The State Bank of Vietnam set the daily reference exchange rate at 23,606 VND/USD on January 3, down 6 VND from the rate on the last day before the New Year holiday (December 30).

Financial expert Dr Đinh Thế Hiển said Việt Nam's GDP growth rate in 2023 will slow to below 7 per cent, but it is still a good growth rate compared to that of ASEAN region.

“Vietnam bucks Asia’s weakening growth trend”, and “an exception to the general rule in the region”, are descriptions used by international organizations and media, to refer to Vietnam’s economic development in 2022.

Summarising incomplete data from many sources, SJA said that the whole country imported an estimated 1,000 tonnes of raw gold, kilogramme gold bars and gold beads in the 21 years from 1991 to 2012.

Honda Vietnam Co., Ltd. (HVN) is launching its Support 100 per cent promotion, through which the car manufacturer will pay the registration fee for customers who buy a Honda CR-V from January 1 to January 20, 2023.

The situation is getting worse in the last months of 2022 as many firms are bending under the pressure of raising interest rates, mounting fuel costs, and falling customer orders. Those firms need the extended VAT cuts to make it through this tough time.    

10 major economic events of the year 2022 by the Vietnam News Agency.