Industrial parks, economic zones make important contributions to GDP growth
VNA
Vietnam has about 335 industrial parks across the country together with 17 economic zones, which play an important role in investment attraction and State budget collection.
Industrial parks, economic zones make important contributions to GDP growth
Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of the year.
Taking into account the exchange rate fluctuations of the three main currencies, including USD, JPY, and EUR, the Government's outstanding debt by the end of 2022 is estimated to decrease by about VND57 trillion, down 2 percent compared to the outstanding balance at the end of 2021.
Mini Thailand Week 2022 opens in Ho Chi Minh City on August 5, aiming to promote trade exchange between the two countries in general, and the business communities of Thailand and Vietnam in particular.
The US-China tensions involving Pelosi's upcoming visit to Taiwan made investors nervous and increased selling. However, the VN-Index still closed the trading session on August 2 with an increase of more than 10 points as the cash flow continued to pour into the stock market.