Middle East tensions hit inflation goals

Middle East tensions hit inflation goals

Higher oil prices as Middle East tensions rise are expected to undermine Vietnam’s efforts to reach its inflation target this year.
Global aid for energy transition ramps up

Global aid for energy transition ramps up

Vietnam has earned a great deal of financial and technical assistance from the international community in recent months for its energy transition.
Pro-business solutions to build on rising confidence

Pro-business solutions to build on rising confidence

Though there has been a gradual rebound in domestic industrial production, lingering snags have prompted the government to use more pro-business solutions for this year.
Royal visit underpins extension of investment ties

Royal visit underpins extension of investment ties

Vietnam and the Netherlands have expanded their ties in agriculture, water management, and logistics in port and aviation development, coupled with fostering digital and semiconductor cooperation.
Production woes not yet out of the woods

Production woes not yet out of the woods

Though the economy’s industrial production for January appears to be impressive in statistics, it remains in substantial difficulties.
Positive vibe covers growth prospects

Positive vibe covers growth prospects

Positive economic growth last year is expected to pave the way for higher performance this year, according to high-profile organisations’ fresh forecasts.
Inflation control under pressure from all directions

Inflation control under pressure from all directions

A rebound in domestic consumption and electricity price hikes may put the government’s efforts to control inflation under pressure this year, in addition to salary increases.
Industrial development gains from cross-border investment

Industrial development gains from cross-border investment

Further economic integration has enabled Vietnam to improve the quality of industrial development, with a lion’s share created by foreign investment, helping to ameliorate the nation’s export structure.
Balancing act underway with state budget revenues

Balancing act underway with state budget revenues

Despite a state coffer surplus for most of the year, Vietnam is expected to see a deficit in the budget for the whole of 2023, with some fiscal initiatives on assisting businesses applied.
Rise in consumption likely with VAT accord

Rise in consumption likely with VAT accord

The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
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