Retail sales of goods, services up in May

V.U.M - The economy of Ho Chi Minh City remains on track in post-coronavirus recovery with solid performance in the first five months of 2022, according to municipal authorities. Specifically, the city’s index of industrial production in May rose 6.5% against the previous month and 9% from a year earlier.

V.U.M - Cooperatives remain the first and foremost solution for restructuring the agriculture sector and promoting larger-scale production by creating higher value and a wider range of products, said Minister of Agriculture and Rural Development Le Minh Hoan

V.U.M -They said the USABC is committed to cooperating with the authorities to bolster US-Vietnam relations in trade, economy, and investment for mutual benefits. The US remained the 8th largest investor in Vietnam in the first nine months of 2021 with total registered capital of US$425 million, including 53 fresh project worth $365 million.

V.U.M - Viet Nam and the US have huge potential to boost cooperation in trade and supply chains after COVID-19 is brought under control, which opens up many opportunities for Vietnamese firms to increase exports to this major market. The GSO also reported a trade surplus of $1.29 billion and total retail sales of goods and services of close to VND 1.7 quadrillion ($73.5 billion) in the first four months of the year, up 10 percent year-on-year.

V.U.M - The Vietnam Union of Friendship Organisations (VUFO) and other people’s organisations have flexibly responded to the current challenges and renovated their activities to adapt to the new situation, VUFO President Ambassador Nguyen Phuong Nga has said.

V.U.M - The Vietnam Economic Forum 2021 is scheduled to take place on December 5 to help the Government design a package of fiscal and monetary solutions to shore up the economy.

V.U.M - Vietnam’s northern province of Hung Yen will create optimal conditions for investors from Japan, Chairman of the provincial People’s Committee Tran Quoc Van has said.

V.U.M - The Vietnam Report JSC and online newspaper VietNamNet on November 30 revealed the 500 largest enterprises in Vietnam (VNR500) and top 10 largest private companies this year.