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Thursday, January 16, 2025

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Vietnam Economy

Vietnam sees employment uptick after six months of decline

HCMC - The Vietnamese manufacturing sector continued to grow at a solid pace in December 2021 and saw job creation resume following a six-month...

Govt proposes cutting VAT from 10% to 8%

HCMC – The Government has proposed cutting value added tax (VAT) from the current 10% down to 8% for services and goods that are...

Over 31,000 HCMC-based firms close in 2021

HCMC - HCMC saw nearly 31,660 businesses shut down either temporarily or permanently in 2021 due to the impact of the Covid-19 pandemic, accounting...

Less than half of industrial businesses in HCMC optimistic about Q1 2022

HCMC – Less than half (43.6%) of industrial businesses in HCMC are optimistic about their business situation in the first quarter of 2022, according...

Number of Hanoi-based firms completing dissolution up 22%

HANOI – The number of firms completing procedures for business closure in Hanoi City this year rose by 22% against last year at 3,075,...

HCMC’s 2021 GRDP plunges 6.78%

HCMC - HCMC’s gross regional domestic product (GRDP) in 2021 tumbled 6.78% year-on-year, the sharpest fall ever, according to the municipal Statistics Department. A report...

2021 GDP expands 2.58%, lowest in decade

HCMC – Vietnam obtained a gross domestic product (GDP) growth of 2.58% this year, lower than the 2.91% in 2020 and the lowest GDP...

CPI growth in 2021 at five-year low

HCMC – Vietnam’s consumer price index (CPI) in 2021 has edged up 1.84% year-on-year, the lowest rate since 2016, according to the General Statistics...

Most economic indicators of Vietnam see positive growth in Nov

HCMC – Vietnam’s industrial production, retail sales and newly established enterprises enjoyed positive growth in November thanks to improved economic conditions, according to the...

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