Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Hanoi scores positive economic indicators in January-September
The capital city of Hanoi attracted 1.02 billion USD in foreign direct investment (FDI) in the first nine months of 2022, up 18% year-on-year.
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In the period, nearly 22,000 businesses with a total registered capital of 241.7 trillion VND (9.86 billion USD) were established, up 25% in the number of new firms and 2% in capital, according to Vice Chairman of the municipal People’s Committee Nguyen Trong Dong.
The city’s gross regional domestic product (GRDP) expanded by 15.71% in the third quarter, and 9.69% in the January-September period – the highest in recent years.
In the reviewed period, Hanoi’s State budget revenue hit nearly 244 trillion VND, equal to 78.3% of the yearly estimate and 112.3% of that of the same period last year.
Meanwhile, local budget spending was 48.6 trillion VND, equal to 45.5% of the yearly estimate and equivalent to 109.8% of that of the same period last year.
In the remaining months of this year, the city will focus on main missions and solutions to maintain macro-economic stability, control inflation and improve the Provincial Competitiveness Index (PCI), Satisfaction Index of Public Administration Services (SIPAS), and Provincial Governance and Public Administration Performance Index (PAPI)./.
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