Hanoi (VNA) – Germany’s newspaper Finanzmarktwelthas run an article on Vietnam’s full reopening post the COVID-19 pandemic, withrosy signs seen in all sectors.
According to the article, Vietnam faced a range ofdifficulties in the fight against the pandemic last year due to thespread of the Delta variant. However, the Southeast Asian nation has fullyopened and shifted to living safely with the pandemic despite Omicron wavesthis year.
The country’s export-import value hit a record 67.37billion USD in March, of which 34.71 billion USD came from exports, surpassingthe previous record in July 2021.
The article cited a forecast by the Asian DevelopmentBank (ADB) as saying that Vietnam’s economy will expand about 6.5 percent thisyear.
It also highlighted Vietnam’s export of electronicproducts, especially mobile phones, garments-textiles and timber products.
Tim Lee Lahaphan, an economist from StandardChartered Bank, said more and more foreign firms have planned to move theirsupply chains to Vietnam that is dubbed as a centre of electronics,garments-textile and footwear in the region, the article noted.
Apart from production and trade, the domestictourism is also bouncing back, the article said, adding that since mid-March,Vietnam announced its complete resumption of tourism activities.
Tourism has significantly contributed to Vietnam’seconomy, making up 9.2 percent of the national gross domestic product (GDP)last year, the article said./.
While health workers suggest people recovering from the COVID-19 maintain a reasonable diet and exercise to recover as quickly as possible, many patients are turning to dietary supplements to speed up their recovery.
Though Vietnam suffered a brief setback in 2021 because of the highly-infectious Delta variant of COVID-19, its economy has begun to recover since the end of last year with exports achieving outstanding performance, Hong Kong (China)-based news outlet HK01 reported.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Illustrative image (Photo: VNA) 
