The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,119 VND/USD on January 19, up 22 VND from the previous day.

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.

Under the normal development scenario, the Vietnamese digital economy will only reach 10.5 per cent of GDP by 2025.

Despite the COVID-19 pandemic, Cửu Long (Mekong) Delta provinces managed to beat the seafood export targets last year.

A new US$36 million project focused on building the competitiveness of Việt Nam’s small and growing businesses was launched on Tuesday, thanks to the US Agency for International Development (USAID) and Việt Nam’s Ministry of Planning and Investment (MPI). 

Shares plummeted on Tuesday despite the growth of some major blue chips as negative information continued to weigh on small and medium cap stocks.

Deputy Prime Minister Lê Minh Khái has recently signed Decree No. 10/2022 on regulating registration fees. The decree will take effect from March 1 this year.

The UK-Vietnam Free Trade Agreement (UKVFTA) has brought about positive results though it took effect recently, said head of the Ministry of Industry and Trade (MoIT)’s Multilateral Trade Policy Department Luong Hoang Thai at a seminar held in Hanoi on January 18.

The Ministry of Agriculture and Rural Development (MARD) will conduct agricultural restructuring in tandem with growth model reform and new-style rural area building under an action plan in 2022 recently approved.

The Ministry of Planning and Investment (MPI) and the US Agency for International Development (USAID) on January 18 launched a project on building the competitiveness of Vietnam’s small and growing businesses (SGBs).

Prime Minister Pham Minh Chinh has expressed his belief that the public and business community will actively support the building of national database on population and management of citizen ID cards, contributing to promoting national digital transformation and socio-economic management in the next period.

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.

IFC increases loan package for SeAbank to $220 million

Việt Nam Maritime Corporation (VIMC) demonstrated great performance in 2021, profitably fetching around VNĐ3.75 trillion (US$165 million).

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