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Vietnam recorded a trade surplus of US$8.08 billion, up 63.9% year-on-year, in the first quarter of 2024, reported the General Statistics Office (GSO) on Friday.    Containers at Tan Vu Terminal in northern Hai Phong City. Photo by VnExpress/Giang Huy  In the period, total export-import turnover hit $178.04 billion, up 15.5% from the same period […]

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There are ample investment opportunities for Dutch companies in Vietnam as the Southeast Asian country is appealing thanks to its growing economy and strategic geographical position in the region, according to Dutch Minister of Infrastructure and Water Management Mark Harbers. Dutch Minister of Infrastructure and Water Management Mark Harbers gestures in an interview with Tuoi Tre News […]

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Two major foreign banks offer varying projections for Vietnam’s economic performance in Q1 and 2024, highlighting the interplay between domestic momentum and external uncertainties.   How to Balance Domestic Strengths and Global Risks Two recent forecasts paint a mixed picture of Vietnam’s economic trajectory. Standard Chartered Bank, which has been celebrating its 120-year-history in the […]

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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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