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Summary

16 COVER STORIES 8 ECONOMY - POLICY
THREE DIFFICULTIES AND THREE EXPORTS GROWING IN Q1 2022

ADVANTAGES IN GREEN GROWTH According to the General Statistics Office of Vietnam
TRANSFORMATION (GSO), total import and export turnover of goods reached
$176.35 billion in the first quarter of 2022, up 14.4 per cent
year-on-year. Export turnover was $88.58 billion, up 12.9
Mr. Nguyen Minh Vu, Permanent Deputy Minister of Foreign Affairs, per cent. Notably, exports to key markets rose sharply in
tolda/b that green growth transformation poses three the context of production and trade continuing to face
difficulties, including the heavy impact of the Covid-19 pandemic; difficulties due to Covid-19 and high transportation costs.
huge fluctuations and instability in the economy, including from the This growth shows the key position Vietnam holds in global
Russia - Ukraine conflict; and limited local capacity compared to the supply chains.
world. However, there are also three definite advantages: the
determination of the Party, State, and government to accelerate
economic transformation in a green and sustainable direction;
awareness among localities, businesses, and people about the need for
sustainable green growth; and green growth being a trend around the
world and so opening up many opportunities.

22 COVER STORIES

ACT TOGETHER FOR GREEN GROWTH

The Vietnam Connect Forum 2022, co-organized by the Ministry of
Foreign Affairs and a/b on April 8, focused on
strengthening links between localities, domestic and foreign
businesses, and international organizations on opportunities to
mobilize resources and to learn from domestic and foreign experience
in promoting green and sustainable growth, and then identify
solutions to attract green resources and green investment capital into
economic sectors, localities, and businesses. With four topics of
discussion, speakers representing management agencies, 34 STOCKS
policymakers, localities, businesses, and international business
associations made many important proposals and solutions to secure REMOVING THE “TICKING TIME
resources and promote green growth and sustainable development.
BOMB” IN CORPORATE BONDS
32 COVER STORIES
Vietnam’s corporate bond market has posted strong
GOLDEN DRAGON AWARDS 2022 growth in recent times but there have also been potential
risks regarding product quality. Management agencies
Held annually by a/b, the Golden Dragon Awards 2022 therefore sent out a warning to investors and at the same
surveyed and selected pioneering enterprises in innovation, creativity, time took drastic action to drive the market towards
green transformation, and the application of digital technology in developing stably. According to analysts, in addition to
production and business and corporate governance processes. After giving warnings and taking
two rounds of surveys and selection, Awards were presented to the specific action, in order for
top 10 and top 50 typical FDI enterprises in six industry groups: the corporate bond market
processing and manufacturing; digital technology and digital to develop safely, stably, and
services; financial and insurance services; infrastructure transparently, management
development, industrial parks and real estate; education and health agencies must
care; and agriculture and food and beverages. soon complete a
dedicated legal
framework.

4 Kinh tế Việt nam | Số 15 | ngày 11/4/2022 www.vneconomy.vn