Start your new week with our Weekly News Bulletin, which includes the latest financial and business articles on macro-economics, investment, banking, and finance. Our summary of latest news and headlines keeps enterprises catch up with the most important facts and figures, assisting their operation in Vietnam.
Weekly News Bulletin - No. 02, September 2023
The Asian Development Bank (ADB) signed a loan agreement for USD 13.8 million to GreenYellow Smart Solutions Vietnam Co. Ltd., or GreenYellow, to develop rooftop photovoltaic (PV) solar power systems in Vietnam.
Vietnam's manufacturing sector returned to growth in August as some signs of recovery in demand supported renewed increases in both new orders and production, according to the S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI).
Vietnam is seeing rising foreign direct investment from Western Europe and the U.S., especially in renewable energy, reported to the Foreign Investment Agency under the Ministry of Planning and Investment at a forum on Thursday August 24th 2023.
The trade revenue between Vietnam and Israel is expected to hit 3-4 billion USD soon, and even higher in the years to come, thanks to their agreements and commitments to trade liberalisation, shared by oficials at the Vietnam-Israel Business Forum co-chaired by Vietnamese Minister of Industry and Israeli Minister of Economy and Industry.