Vietnam exported US$51.74 billion worth of agro-forestry-fishery products between January and October this year, marking an increase of more than 20 percent against the same period last year.     Vietnam shipped close to 7.8 metric tons of rice overseas and earned US$4.86 billion in January-October 2024. Photo: P.Quyen / Tuoi Tre  This growth was […]

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Additional FDI saw a surprising surge in September, driving total foreign investment in the first nine months to nearly $25 billion.   The Foreign Investment Agency (FIA) at the Ministry of Planning and Investment has reported that, as of September 30, total newly-registered capital, additional capital, and capital contributions and share purchases by foreign investors […]

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The U.S. dollar rose marginally against the Vietnamese dong and posted minimal changes against major peers Friday afternoon.   A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. Photo by Reuters  Vietcombank sold the dollar at VND25,454, up 0.02% from Thursday.   The State […]

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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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The reception takes place as part of PM Pham Minh Chinh’s working trip to Russia to attend the expanded BRICS Summit.   Prime Minister Pham Minh Chinh (R) and General Director of Russsia’s Zarubezhneft JSC Kudryashov Sergei Ivanovich during their meeting in Kazan on October 23. (Photo: VNA) Prime Minister Pham Minh Chinh received General […]

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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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