Although the global economy is facing a potential recession, international financial institutions have come out with strong forecasts for Vietnam’s economy, the author wrote.

Most recently, credit rating agency Moody's upgraded Vietnam's rating from Ba3 to Ba2, with a stable outlook. Nikkei assessed that Vietnam's Covid-19 recovery index ranked second in the world, up 12 places.

Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.

European companies see Vietnam as a promising business investment centre with multiple quality sustainable projects. Recent investment statistics show an upward trend in investment from some EU countries in Vietnam, such as the Netherlands (26%), Denmark (240%), Sweden (63%), the Republic of Ireland (235 %), and Belgium (284%).

The article stated that Vietnam and the EU share many objectives, goals, and visions in maintaining multilateralism, promoting environmental protection, green and sustainable development, innovation and digital transformation.

According to the article, promoting bilateral cooperation in diverse fields will support Vietnam in fulfilling its strategic and conditional goals to improve human livelihood, contributing to humanity’s progress and the world's development.

Bac Giang encourages business and business persons toward renovation and creativity

(BGO) – Bac Giang province always defines that business has important role in local socio-economic development so for years the province has created optimum condition for the operation as well as honored outstanding enterprises and entrepreneurs.

Vietnamese economy requires new momentum from business environment

A business cycle is beginning with a great deal of efforts to overcome the unprecedented difficulties caused by the Covid-19 pandemic. It is now time for enterprises and investors to return to the track, so it is necessary to create an open and conducive business environment to facilitate rapid recovery and growth.

FDI influx prompts Vietnam to improve business environment: experts

A recent strong influx of foreign direct investment (FDI) to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.

Networking events held to enhance Vietnam - RoK business partnerships

The Korea Trade - Investment Promotion Agency (KOTRA) have arranged 166 direct meetings between 25 businesses from Incheon city, the Republic of Korea (RoK), and nearly 100 Vietnamese importers over the past few days to seek partnership opportunities.

Bac Giang enterprises take great efforts on production and business with high tax payment

(BGO) – Amid severe impact of Covid-19 pandemic last year, many enterprises and entrepreneurs in Bac Giang province took great efforts to recover the difficulties, maintain and accelerate effective production and business and well implement taxation policy to the State. Many were honored by the taxation sector with reward for sharp increase revenue and high tax payment.

Source: NDO