Vietnam jumps 39 notches in CEO quality of life rankings
VNA
Vietnam jumped 39 steps to become the 62nd best country worldwide for quality of life in 2021, according to a report released by CEOWORLD – the world's leading business and trade magazine.
At the Conference on Market Information and Connection with the European Distribution System (EU) held on August 11, Ms. Nguyen Thao Hien, Deputy Director of the European-American Market Department under the Ministry of Industry and Trade, said that in the first month of 2022, Vietnam's export turnover to the EU market increased drastically, estimated at US$27.9 billion, up 22 percent over the same period last year.
From the beginning of August 2022, many more banks including commercial banks with state capital have raised the interest rate offered on savings accounts to attract extra cash.
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.
Several deep and prolonged corrections in the stock market of late have caused many domestic securities companies to face heavy losses, after a phase of continuous profit-making. On the other hand, foreign securities companies are still reaping good profits due to lending activities.