Vietnamplus

The Malaysian economy posts a stronger growth of 8.9% in the second quarter of 2022 compared to a 5-percent expansion in the first quarter.

The real estate market of Vietnam showed signs of recovery and more balanced development in the second quarter of this year with increases in the number of successful transactions of apartments, houses and land, according to the report of the Ministry of Construction.

Ho Chi Minh City’s office market witnessed its first positive signs in the first half of this year since being affected by the COVID-19 pandemic for the previous two years, experts said.

The northeastern province of Quang Ninh has implemented many practical programmes to promote the consumption of local products in the domestic market.

There is still a lot of room for Vietnamese goods to expand their presence in the European Union (EU) market, but accessing its retail distribution systems is extremely important, heard a seminar in Ho Chi Minh City on August 11.

MIDF Research has revised its retail trade growth forecast for Malaysia this year to 17.6%, up from the previous prediction of 10.5%, on the expectation of stronger GDP growth in the second quarter.

Automobile sales in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 11.

Post-pandemic robust rebound in the American market has ushered in multiple opportunities for Vietnam to expand its export of key products, according to the Ministry of Industry and Trade.

In the second half of 2022, the Vietnam Oil and Gas Group (PetroVietnam) will continue to keep a close watch on market developments. The goal is to monitor world crude oil prices and market fluctuations to optimize reserves and operate oil production efficiently to stay in the black.

Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.

The number of newly-opened securities accounts dropped sharply in July to the lowest in about two years as stock market liquidity hit a monthly low.

Vietnamese enterprises have been diversely capitalising on the EU - Vietnam Free Trade Agreement (EVFTA) to boost shipments to the EU, an official from the Ministry of Industry and Trade (MoIT) told a seminar held in Hanoi on August 8.

After the results of the national high school graduation exam were released, retail stores recorded an increase in the purchasing power for laptops.

The Trade Promotion Agency under Ministry of Industry and Trade (MoIT) stands ready to support and create favourable conditions for companies of Vietnam and Côte d'Ivoire to promote bilateral trade in the future, its director Vu Ba Phu has said.

The domestic financial market has developed rapidly with outstanding results on the basis of cutting-edge technologies, Prime Minister Pham Minh Chinh said at a meeting of the National Steering Committee for Comprehensive Finance in Hanoi on August 6.

The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.

The non-aviation service industry has been on the fast track to recovery in the past few months, following the flourishing of the aviation market, despite the impact of volatile and escalating fuel prices as well as the international market's failure to recover as expected.

Singapore's job market continued its recovery in the second quarter of this year, according to advance estimates released by the Ministry of Manpower (MOM).

The domestic search volume for tourism in July surged by nearly 8 folds year-on-year, and by 3 times compared to the beginning of March 2022 when the country started to re-open tourism.

Traders at Ha Long 1 and Ha Long 2 markets in the northern coastal province of Quang Ninh are now able to go cashless as they can use digital payment services in a 4.0 market model introduced in early July.