Economy 1 VietnamPlus | 07/21/2023 14:58 Vietnam considers Samsung Vietnam success story in FDI: Deputy PM Deputy Prime Minister Tran Luu Quang on July 21 received CEO of Samsung Vietnam Choi Joo Ho, during which he affirmed that the Vietnamese Government considers Samsung Vietnam as a success story in terms of foreign direct investment in the country. 2 VietnamPlus | 07/21/2023 11:29 Quang Ninh’s advantages prove effective in attracting foreign investment Prominent advantages in transport infrastructure with road, sea, rail and air routes have made the northeastern province of Quang Ninh “a magnet” for foreign investment. 3 VietnamPlus | 07/21/2023 10:56 VietFood & Beverage – ProPack Vietnam 2023 to introduce over 10,000 brands More than 10,000 brands will be introduced at the 27th VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack Vietnam 2023), which will take place in Ho Chi Minh City from August 10-12. 4 VietnamPlus | 07/21/2023 09:56 Rice exporters benefit from rising prices The rising demands for rice in international markets and higher prices are benefiting rice exporters as the number of orders has increased sharply. 5 VietnamPlus | 07/21/2023 09:27 “Fly now - Pay later” with Vietjet The economy is still difficult, but don’t worry, you still have opportunities to fly everywhere around the country and internationally in this summer. Let’s recharge your batteries and spend time with your family and friends together with Vietjet’s "Fly now - Pay later”. 6 VietnamPlus | 07/21/2023 08:53 Reference exchange rate up 3 on July 21 The State Bank of Vietnam set the daily reference exchange rate at 23,734 VND/USD on July 21, up 3 VND from the previous day. 7 VietnamPlus | 07/20/2023 22:04 Vietnam has great potential to attract high-quality US investment: official Head of the Party Central Committee's Economic Commission Tran Tuan Anh emphasised the huge potential for Vietnam to lure abundant, high-quality investment from the US at his reception for US Treasury Secretary Janet Yellen in Hanoi on July 20. 8 VietnamPlus | 07/20/2023 20:57 Central Retail opens its 6th mini go! supermarket in Vietnam Central Retail on July 19 officially inaugurated a mini go! supermarket in Dien Ban township in the central province of Quang Nam, marking the 6th outlet of its kind in Vietnam. 9 VietnamPlus | 07/20/2023 20:03 Bankers propose resolution to support firms, people The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome difficulties and promote business development like they did during the COVID-19 pandemic. 10 VietnamPlus | 07/20/2023 19:20 State Bank of Vietnam, US Treasury Department to maintain close ties Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen had a working session in Hanoi on July 20, pledging to maintain close cooperation between their agencies in the spirit of mutual respect. 11 VietnamPlus | 07/20/2023 18:04 Seminar details financial solutions for Vietnamese exporters The Vietnam Chamber of Commerce and Industry (VCCI) and OLEA Global - a digitised supply chain platform that empowers sustainable trade held a seminar on fintech financing for Vietnam’s exporters on July 20. 12 VietnamPlus | 07/20/2023 15:18 Japan supports Vietnam to enhance laboratory capacity for agricultural, fisheries product testing The Ministry of Agriculture and Rural Development and the Japan International Cooperation Agency (JICA) on July 20 held a ceremony to hand over equipment and officially open a new laboratory at the Reference Testing and Agrifood Quality Consultancy (RETAQ) Centre. 13 VietnamPlus | 07/20/2023 14:44 Vietnam-US trade predicted to flourish in H2 The Vietnam – US trade relations are enjoying strong growth after the US concluded its investigation related to Section 301 into Vietnam’s alleged import and use of timber illegally harvested or traded, and removed Vietnam from its currency manipulation list, said Trade Counsellor of Vietnam in the US Do Ngoc Hung. 14 VietnamPlus | 07/20/2023 11:25 Remittances to HCM City up 37% in first haft of 2023 Remittances to Ho Chi Minh in the first half of 2023 topped 4.33 billion USD, an increase of 37% compared to the same period last year, the State Bank of Vietnam’s (SBV) HCM City branch reported. 15 VietnamPlus | 07/20/2023 11:11 Exports of cement and clinker fall Exports of cement and clinker products reached 14 million tonnes in the first six months of this year, a year-on-year decline of 15%. Export value is estimated at 700 million USD. 16 VietnamPlus | 07/20/2023 11:10 Quang Ninh attracts quality foreign investment flows Foreign investment attracted by the northern province of Quang Ninh in the first half of 2023 is nearly equivalent to its target set for the whole year. 17 VietnamPlus | 07/20/2023 10:22 Local e-commerce floors to be integrated Local e-commerce floors in the 63 provinces and cities in Vietnam will connect with one another through a national integrated e-commerce floor, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade. 18 VietnamPlus | 07/20/2023 10:21 ADB lowers growth forecast for Vietnam’s to 5.8% this year The Asian Development Bank (ADB) has revised its GDP growth forecast for Vietnam down to 5.8% for 2023 and 6.5% for 2024, from 6.5% and 6.8% in April, respectively, according to the Asian Development Outlook (ADO) released on July 19. 19 VietnamPlus | 07/20/2023 09:57 Hanoi starts work on road connecting Phap Van-Cau Gie expressway with Ring Road 3 Construction started on a road connecting Phap Van–Cau Gie Expressway with Ring Road 3 in Hanoi on July 19. 20 VietnamPlus | 07/20/2023 09:42 Policy breakthrough needed to better attract investment to pharma sector: expert The lack of a breakthrough in vision and infeasible legal policies, worsened by complicated administrative procedures in pharmacy sector, are among limitations that make Vietnam less attractive to foreign investors, said Duong Thi Mai Hoa, managing partner at Hanoi-based Indusviet Legal LLC. 583 584 585 586 587