About 9 trillion VND (382 million USD) of public investment capital from foreign sources has been disbursed in the first 11 months this year, accounting for only 26% of the allocated capital.
Indonesia's annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country's central bank (BI) governor Perry Warjiyo told a parliamentary hearing.
After seeing positive results in the first half of 2022, mergers and acquisition (M&A) activities in Vietnam are forecast to slow down in the second half as investors become more conservative about several macro trends impacting the country’s economy, according to an analysis of M&A data by Ernst & Young (EY).
Since the outbreak of the COVID-19 pandemic, the delay in customs clearance of Vietnamese goods exported to Australia, especially at the quarantine stage, has become serious, mainly in the two states of New South Wales and Victoria.
Public investment disbursement in the northern province of Quang Ninh reached 27 percent as of mid-June, much lower than the target, according to the provincial Department of Planning and Investment.
Digital transformation is an urgent need for press agencies and journalists, and a slow change may lead to a decrease in the number of readers, according to the Vice Chairman of the Vietnam Journalists' Association (VJA) Nguyen Duc Loi.
Minister of Transport Nguyen Van The told the 15th National Assembly what caused traffic projects not to be completed on schedule in recent years during its third sitting’s last Q&A session in Hanoi on June 9.
The Q1 public investment disbursement rate is down, meaning to increase required volumes of implementation to match government suggested rates will take a concerted effort. Localities need to set up working groups to spur growth to increase public disbursement of funds.
The Asia Pacific Gateway (APG) undersea cable, which connects eight countries and territories in the region, is facing problems with its S1.7 section, about 910km from Southeast Asia.
The outbreak of COVID-19 in many localities has delayed the equitisation of State-owned enterprises (SOEs), according to Dang Quyet Tien, director of the Corporate Finance Department.
Vietnam’s seafood exports continued falling 23 percent in September, following a significant decline of 36 percent in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Population aging could slow down Vietnam's long-term growth in the 2020–2050 period by 0.9 percentage points compared with the last 15 years, a new World Bank (WB) report finds.
Only over 220.7 trillion VN D (9.7 billion USD) worth of public investment capital was disbursed by the end of August, or 40.6 percent of the plan assigned by the Prime Minister.
The disbursement of public investment in the first seven months of 2021 reached 36 percent, 4 percent lower than the figure in the same period last year, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.
Vietnamese publisher Skybooks is inviting until August 28 entries for its writing contest about life at the time of COVID-19, aiming to explore beautiful stories and send positive messages to readers as many parts of the country are battling the virus resurgence.
Another lockdown may be considered to slow the spread of COVID-19 if new cases continue to surge, Thailand’s National Security Council (NSC) secretary-general Natthapol Nakpanich has said.
Business
