Singapore's manufacturing outlook may continue gloomy in the first quarter of 2023, after its manufacturing output shrank for a third consecutive month in December last year, said economists.
Vietnam exported 22,500 tonnes of rice to the EU for nearly 18 million USD in the first quarter of 2022, roughly a four-fold increase in both volume and value compared to the same period last year thanks to preferential tariffs enjoyed under the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam exported 22,500 tonnes of rice to the EU for nearly 18 million USD in the first quarter of 2022, roughly a four-fold increase in both volume and value compared to the same period last year thanks to preferential tariffs enjoyed under the EU-Vietnam Free Trade Agreement (EVFTA).
The number of newly-established real estate companies surged 47.2 percent in the first quarter of 2022 on the back of the reviving property market after COVID-19 outbreaks, according to the Ministry of Planning and Investment.
According to economic expert Pham Tat Thang, import and export results in the first months of the year brought many positive signals not only for businesses and the economy, but for the country as a whole.
Remittances to Ho Chi Minh City in the first quarter of this year reached nearly 1.8 billion USD, according to the State Bank of Vietnam’s branch in the city.
As the aviation and tourism industries have bounced back strongly, the Vietjet Aviation Joint Stock Company kicked off 2022 with great performance, posting a year-on-year surge of 113 percent in pre-tax profit in the first quarter.
Unemployment in the first quarter of 2022 shrank by 130,000 to around 1.3 million from the previous quarter, reflecting a labour market post-pandemic recovery, according to the General Statistics Office (GSO).
The after-tax profit of the PetroVietnam Camau Fertiliser Joint Stock Company (PVCFC) in the first quarter of 2022 hit 1.51 trillion VND (65.73 million USD), representing a 10-fold rise from the same period last year, according to the company’s business report.
Many banks have reported large profits of up to trillions of Vietnamese dong in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs.
Two-way trade turnover between Vietnam and Lao topped 403 million USD in the first quarter of this year, up 19.2 percent over the same period last year, according to the Vietnamese Trade Office in Laos.
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.
Foreign investment poured into real estate hit almost 2.7 billion USD in the first quarter of this year, outpacing the figure of the entire 2021, according to the Ministry of Planning and Investment.
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.
The index of industrial production in the first quarter continued to flourish with a year-on-year increase of 7.07 percent, the General Statistics Office said.
Vietnam exported 1.48 million tonnes of rice, worth 715 million USD, in the first three months this year, up 24 percent in volume and 10.5 percent in value against the same period last year.
Retail and consumer service revenues enjoyed good growth in the first quarter of 2022, rising 4.4 percent from the same period last year to 1,318 trillion VND (57.55 billion USD), according to the General Statistics Office (GSO).
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