The agro-forestry-fishery export turnover in 2022 posted a new record, hitting over 53.2 billion USD in 2022, a year-on-year increase of 9.3%, according to the Ministry of Agriculture and Rural Development (MARD).

Over the past years, free trade agreements (FTAs) have proved effective in promoting Vietnam’s exports.

More than 10,000 agricultural and other speciality products from across the country are being sold at the “Tết Xanh quà Việt – Xuân Qúy Mão 2023” festival, which opened in HCM City on December 27.

Faster-than-expected GDP growth, the upgrade of Vietnam’s credit ratings, and big fluctuations in the corporate bond market are among notable events of the Vietnamese economy in 2022.

Vietnam attracted a total of 27.72 billion USD in foreign direct investment (FDI) as of December 20, equal to 89% of the figure of the same period last year, according to the Ministry of Planning and Investment.

International organisations have forecast that the total amount of remittances to Vietnam may increase by 4.4% in 2022 and 3.6-4.5% the following year.

With the Lunar New Year (Tết) around the corner, retailers are scrambling to stockpile goods to meet the imminent surge in demand.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,624 VND/USD on December 27, down 2 VND from the previous day.

With directions from the Prime Minister, and relevant ministries and sectors, the Committee for Management of State Capital at Enterprises (CMSC) has solved difficulties in MoIT's delayed and loss-making projects. 

Tax revenue from e-commerce activities has increased gradually over the years, but is still modest compared to the actual development of this activity.

Vietnam and the Czech Republic have complementary economic structures, so both sides will benefit from stronger bilateral cooperation, said Vietnamese Trade Counselor in the European nation Nguyen Thi Hong Thuy.

The consumer outlook report from VNDirect Securities Corporation shows that the pent-up consumption trend during the pandemic is gradually decreasing in the context of rising interest rates and a weakening Vietnamese dong making consumers tighten their purse strings.

Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.

Vietnam exported 1,700 tonnes of mango to the Republic of Korea (RoK) for 7.4 million USD over the past 11 months of 2022, up 19% in volume and 25% in value year-on-year, according to the Agency for Foreign Trade under the Ministry of Industry and Trade.

These figures helped Việt Nam become the third largest mango supplier for South Korea in the period, the department said, adding that the average export price of Vietnamese mangoes hit over $4,230 per tonne, up 5 per cent compared to the same period in 2021.

Thanks to efforts of the Government and the State Bank of Vietnam (SBV), cashless payment services have been promoted in rural and remote areas.

The agro-forestry-fishery sector has made new export records in 2022 thanks to the diversification of markets and products.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,626 VND/USD on December 26, down 5 VND from the last working day of previous week (December 23).

The pent-up consumption trend during the pandemic is gradually decreasing in the context of rising interest rates and a weakening Vietnamese đồng making consumers' to tighten their purse strings.