The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,655 VND/USD on December 12, down 2 VND from the last working day of previous week (December 9).

The SBV last week raised the 2022 credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 per cent, allowing commercial banks to pump an additional VNĐ240 trillion into the economy.

Live pig prices were falling from late November due to slowdown in purchasing power while the supply was abundant.

Ministry of Finance has proposed the government to set environmental fuel tax at its floor limit for another year.

The Vietnamese wood industry needs to focus more on branding to increase its competitiveness in the world market and add export value, according to the Việt Nam Administration of Forestry.

VN-Index is forecast to move up to test the 1,030-1,080 point range this week but cautious sentiment still prevails.

Prime Minister Pham Minh Chinh visited Brainport Eindhoven, considered the Silicon Valley of Europe, in Eindhoven city of the Netherlands’ North Brabant province on December 11, as part of his official visit to the European country.

Flight VN 593 of Vietnam Airlines departed from Hong Kong (China) to Hanoi on December 11 afternoon, marking the first regular flight between the two sides after nearly 3 years of interruption due to the COVID-19 pandemic.

Vietnam Electricity, European Investment Bank ink MoU on sustainable energy development

According to VICOFA, as of the end of 2022, Việt Nam exported 1.4 million tonnes of coffee, worth more than US$3.2 billion, contributing to the total export turnover of the country's agricultural, forestry, and fishery products.

Viettel High Tech (VHT) and United Telecoms Limited Group (UTL) last week signed a strategic agreement on comprehensive R&D deployment of 5G network infrastructure in India and export contract to India market, becoming the first Vietnamese brand exporting hi-tech equipment to India.

The consumption of Vietnamese goods has been on the rise, with over 90% of consumers prioritising products made in the country, statistics show.

The central province of Nghe An boasts much potential for community-based tourism, but still needs support policies to facilitate this type of tourism.

By the end of November, the Vietnam Oil and Gas Group (Petrovietnam) had completed all targets of finance and oil and gas exploitation and production in 2022 ahead of schedule, and set new records in revenue and pre-tax profit, according to its General Director Le Manh Hung.

A forum to discuss ways to remove difficulties facing Vietnamese investors in Laos was jointly held in Vientiane on December 9 by the Lao Ministry of Planning and Investment (MoIT) and the Vietnamese Embassy in Laos.

Vietnam’s aquatic exports are forecast to hit 11 billion USD in 2022, according to General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.

Luxembourg is running 58 projects worth over US$2.6 billion in Việt Nam, ranking 17th out of 141 countries and territories investing in the Southeast Asian nation, according to the forum’s organisers.

In the first ten months of 2022, export turnover was estimated at over US$1.12 billion, an increase of 21.03 per cent.

The centre is equipped with laboratories, machinery, and facilities to help creators and enterprises conduct research and reform without having to make their own financial investment.

Quảng Ninh will give top priority to positioning the brand name of seaports and seaport services in both domestic and international markets in a bid to reach its full economic and commercial potentials of deep-water seaports in the next years, the provincial Maritime Administration has said.