Vietnam plans to borrow $75 bln in 2024-2026

Vietnam plans to borrow $75 bln in 2024-2026

The Vietnamese government plans to borrow a maximum of VND1,862.2 trillion ($75 billion) in the 2024-2026 period, according to a decision signed by Deputy PM Le Minh Khai last week.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Non-market economy designation not a political decision: US Under Secretary of State Fernandez

Non-market economy designation not a political decision: US Under Secretary of State Fernandez

The recognition of Vietnam market economy status is a quasi-judicial proceeding and is not a political decision, said U.S. Under Secretary of State Jose W. Fernandez for economic growth, energy, and the environment.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Geopolitical waves cause global supply chains to shift in Vietnam’s favor: ANZ CEO

Geopolitical waves cause global supply chains to shift in Vietnam’s favor: ANZ CEO

Geopolitical shifts are causing global supply chains to shift in Vietnam’s favor given its economic resilience and deepening global integration, according to Shayne Elliott, CEO at Australia and New Zealand Banking Group Limited (ANZ).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam GDP growth to miss target at just 5% : Deputy PM

Vietnam GDP growth to miss target at just 5% : Deputy PM

Vietnam’s GDP growth this year may reach just 5%, far below the 6.5% target set by the National Assembly, said Deputy Prime Minister Le Minh Khai.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Lego on track to start production at Vietnam plant in H2 next year

Lego on track to start production at Vietnam plant in H2 next year

Danish toymaker Lego is on track to begin production at its Vietnam factory in the southern province of Binh Duong in the second half of 2024, said Preben Elnef, general manager of Lego Manufacturing Vietnam and vice president of the Lego Group.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seeks US investment in semiconductor industry

Vietnam seeks US investment in semiconductor industry

The U.S. Semiconductor Industry Association (SIA) should call on businesses to expand their investments in Vietnam, Deputy Prime Minister Le Minh Khai said to SIA president and CEO John Neuffer on Thursday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam can contain inflation below 4% this year: finance ministry

Vietnam can contain inflation below 4% this year: finance ministry

The consumer price index (CPI) might rise 3.27-3.51% on average in Vietnam this year, below the State Bank's target of 4%, the Ministry of Finance told a meeting on price control Thursday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7