Industry

Ho Chi Minh City CPI inches up by 0.04% in March

Ho Chi Minh City’s Statistical Office on March 30 reported that the consumer price index (CPI) of the country’s biggest metropolis increased by 0.04% in March.   Four out of the 11 commodity groups increased in price, three remained unchanged, and the rest saw prices fall, it said.   Beverages

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Vietnamese businesses in UK boost cooperation with companies at home

The Vietnam Business Association in the UK (VBUK) should host or attend more trade fairs to promote the tourism, cuisine, and goods of Vietnam, and create more opportunities for business cooperation, Vietnamese Ambassador to the UK Nguyen Hoang Long said at a Gala Dinner held in London on Sunday. Ambassador

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10 million USD allocated to workers’ celebration of Tet

Trade unions and businesses in Ho Chi Minh city spent nearly 10 million USD to ensure a warm and happy Tet (Vietnamese Lunar New Year) holiday for 753,000 workers, Pham Chi Tam, Vice Chairman of the Ho Chi Minh City Labor Confederation, said on Monday. Tam added businesses joined hands

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IMF lifts global growth forecasts to 2.9%

The International Monetary Fund (IMF) said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts mark an improvement over an October prediction of 2.7% growth this year. The IMF has raised its 2023 global growth outlook slightly due to

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Vietnam’s FDI projected to reach up to 38 billion USD in 2023

  Vietnam will likely attract  between 36 billion and 38 billion USD in foreign direct investment (FDI) this year, according to the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment. Last year’s figure was nearly 22.4 billion USD. The FIA’s forecast is based Vietnam’s impressive economic growth

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