Malaysia's total trade recorded a growth rate of 27.3 percent year-on-year last month to reach a new high of 236.6 billion RM (55.69 billion USD), the Department of Statistics Malaysia (DOSM) announced on April 18.
Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Vietnam Macro Monitoring report recently released by World Bank.
Singapore's Ministry of Trade and Industry recently announced that the country's gross domestic product (GDP) grew by 3.4 percent year on year in the first quarter of 2022, moderating from the 6.1 percent growth in the previous quarter, reported Xinhua news agency.
Credit growth of credit institutions was quite positive at 5.04 percent at the end of the first quarter of this year, much higher than the 2.16 percent rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference in March.
About 29,300 businesses have been set up so far this year with a combined registered capital of 447.8 trillion VND (19.61 billion USD), data from the Ministry of Planning and Investment showed.
Disbursement of foreign direct investment in Vietnam rose by 7.8 percent compared to 2021 to 4.42 billion USD in the first quarter of this year, a five-year record.
As many as 225 new businesses were set up in the northern province of Bac Giang in the first quarter of this year, up 20.3 percent from the same period in 2021.
The European Commission (EC) continued to recognise Vietnam's efforts to fight illegal, unreported and unregulated (IUU) fishing, according to Deputy General Director of the Directorate of Fisheries (Ministry of Agriculture and Rural Development) Nguyen Quang Hung.
The construction of a passenger terminal and a runway of the Long Thanh International Airport in the southern province of Dong Nai will begin in the first quarter of 2022 once ground clearance is completed, according to the Airports Corporation of Vietnam (ACV).