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Vietnam’s economy is expected to be worth US$500 billion next year to rank fourth largest in Southeast Asia, Prime Minister Pham Minh Chinh has said. It grew from $346 billion in 2020 to $433 billion last year, and the GDP is set to expand by 7% this year, exceeding lawmakers’ target of 6.5%, he said […]

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A decree, issued on October 22, offers incentives to facilitate self-produced rooftop solar power for self-use.   The Government has issued a decree on mechanisms and policies encouraging the development of self-produced rooftop solar power for self-use. Decree No. 135/2024/ND-CP, dated October 22, 2024,  encourages the development of rooftop solar power generated at buildings, industrial […]

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Many international leading banks have recently raised their forecast for Vietnam’s gross domestic product (GDP) growth this year, following data on the country’s higher-than-expected economic expansion in the third quarter.     A woman is seen shopping at a supermarket in Vietnam. Photo: Quang Dinh / Tuoi Tre  On the back of strong exports, industrial production, and […]

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The three-day Green Economy Forum & Exhibition 2024 opened on October 21 in Ho Chi Minh City and united global leaders, businesses, and policymakers to drive sustainable growth and strengthen EU-Vietnam collaboration on green initiatives.   Opening ceremony for the Green Economy Forum & Exhibition (GEFE) 2024. The Green Economy Forum & Exhibition (GEFE) 2024 […]

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Vietnam’s trade performance will reach targets set for 2024 if existing trends continue over the remainder of the year.   The General Statistics Office (GSO) has reported that total import-export turnover in September stood at $65.81 billion, an 8 per cent decline against August but a 10.9 per cent increase compared to September 2023. Total […]

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Vietnam’s economy is expected to be worth US$500 billion next year to rank fourth largest in Southeast Asia, Prime Minister Pham Minh Chinh has said. It grew from $346 billion in 2020 to $433 billion last year, and the GDP is set to expand by 7% this year, exceeding lawmakers’ target of 6.5%, he said […]

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