Accordingly, commenting on recent economic developments, the WB said that Vietnam’s GDP in the first quarter of 2023 grew by 3.3%, slowing down compared to the fourth quarter of 2022, largely due to the contraction of the industry, reflecting a sharp drop in exports amid weak global demand. Meanwhile, the outlook for the manufacturing sector’s […]
Category Archives: Biz in Saigon
06
May
May
According to the business survey results in the Provincial Competitiveness Index (PCI) 2022 report, one of the difficulties of Vietnamese enterprises is finding business cooperation partners, which has improved more. Also in the PCI 2022 report, as noted by foreign invested enterprises (FDI), only 52.4% of FDI enterprises will use input goods and services provided […]
Biz in Saigon
Solutions to promote production and business, construction and investment, import and export
06
May
May
The Prime Minister has just signed and promulgated a public announcement on promoting production and business, construction and investment, and import and export in the coming time. The announcement was made in the context of complicated world economic fluctuations, negatively affecting global recovery and growth. Vietnam’s economy is affected by both external factors and internal […]
06
May
May
According to preliminary data recently announced by the General Department of Customs, Vietnam’s total export turnover reached 16.38 billion USD in the second half of March (March 16-31), up 22.8% (equivalent to an increase of 3.05 billion USD) compared to the first half of March, 2023. Notably, export turnover is mainly contributed by the FDI […]
06
May
May
On April 16, 2023, the Silver Queen ship carried second batch of1,879 exported VinFast VF8 cars left MPC Port (Hai Phong, Vietnam) to North America. Expectedly, after more than 20 days of travel, the ship will dock at Benicia port (California, USA) to load 1,098 vehicles down the US market and will continue to transport […]
Biz in Saigon, People
Famous garage owner in California: “VinFast VF 8 meets the needs of American users well”
05
May
May
Giving many compliments to the VinFast VF 8 right at the first experience, Mr. Chau Vo – owner of a famous car repair and tuning garage in Northern California (USA) thinks this is a model worth buying. This is not the first time Mr. Chau Vo has experienced electric cars. His family has a hobby […]
03
May
May
Many solutions to remove bottlenecks in the development of logistics services were discussed by authorities, associations and businesses at the Seminar “Improving logistics in the southern key economic region to promote import and export” organized by Customs Magazine on April 6, 2023 in Ho Chi Minh City, to promote import and export goods in the […]
25
Apr
Apr
Minister of Finance Ho Duc Phoc emphasized the message at the Scientific Conference with the theme “Global Minimum Tax Rule: Experiences of other countries, expected impacts and recommendations for solutions for Vietnam”, organized by the Ministry of Finance (MoF) on April 18th, 2023. The global minimum tax rule is a progressive tax reform aimed at […]
Biz in Saigon
FDI Report 2022: Challenges and opportunities to attract green FDI and digital transformation
03
Apr
Apr
The FDI Annual Report 2022 report published by the Vietnam Association of Foreign Investment Enterprises (VAFIE) highlights the requirement to attract FDI in the field of green growth and digital transformation. While quick changing in ASEAN and worldwide, Vietnam without quick adaption will be difficult to achieve the goal of ranking third in ASEAN in […]
03
Apr
Apr
Faced with the shortcomings in the development and issuance of the electricity generation pricing mechanism for the transitional projects, 36 investors with solar and wind power projects in Vietnam have sent proposal to the Prime Minister. Accordingly, in the content of the proposal, the investors said that, as investors of solar and wind power projects, […]