The economy reported trade turnover of $732.5 billion in 2022, an increase of 9.5 percent from a year earlier, according to the General Statistics Office.
Vietnam’s economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise.
SBV said that taking steps to enhance foreign exchange reserves by acquiring extra dollars after being forced to sell a substantial amount of dollars earlier this year to support its dong currency.
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Vietnam, India, Thailand, Malaysia, and Bangladesh are stepping up to replace the world's factories, Insider reported.
Just $1.4 billion worth of vegetables and fruits were sent to this market in the first 11 months of 2022, a decrease of 21.7% from the same time in 2021.
A loan agreement of USD 25 million has been signed by the Japan International Cooperation Agency (JICA) to fund the onshore wind power project in Ninh Thuan.
Tech giants including Meta (Facebook), Google, TikTok, Microsoft, eBay, etc. have declared and paid taxes totaling VND 3,444 billion ($145.5 million), according to the General Department of Taxation.
The flow of overseas remittances to Ho Chi Minh City is estimated to reach $6.8 billion in 2022, the State Bank of Vietnam’s branch in the southern city has reported.
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