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Vietnam’s GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office. Industry and construction grew at 6.28% and accounted for 35.7% of the GDP. Following close behind was the services sector with 6.12%, thanks to sharp increases in retail and tourism, which accounted […]

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Three driving forces to help Vietnam’s GDP growth top ASEAN in the next two years: INVESTMENT, EXPORT OF ELECTRONICS AND DOMESTIC CONSUMPTION Mr. Peter Redhead, Research Director of HSC shared about Vietnam’s economic trends and forecasts Mr. Peter Redhead, Research Director of Ho Chi Minh City Securities Joint Stock Company (HSC) shared at the CEO […]

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South Korea is set to increase its Official Development Assistance loans to Vietnam by 50% from last year to $52 million this year.    Vietnam Deputy Prime Minister Tran Luu Quang meets with Korea International Cooperation Agency president Chang Won-sam in Hanoi on March 20, 2024. Photo courtesy the Vietnam Government Portal  “The South Korean […]

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The southern province of Binh Duong has planned to develop 10 more industrial parks (IP) in the 2023 – 2030 period, according to head of the provincial Industrial Park Management Board Nguyen Trung Tin.    An industrial park in Binh Duong Province in 2022. Photo by VnExpress/Quynh Tran  Tin revealed the information at a conference […]

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The U.S. dollar rose at banks while it fell slightly against the Vietnamese dong on the black market Friday morning.    An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung  Vietcombank sold the dollar at VND24,970, up 0.08% from Thursday.   The greenback fell 0.21% to VND25,537 […]

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