Viet Nam regains pre-COVID growth momentum
Viet Nam has regained pre-Covid growth momentum as evidenced by positive signals in various fields, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
New momentum for Vietnam-Russia trade cooperation
The official visit to Russia by National Assembly Chairman Tran Thanh Man, which will see the top legislator co-chairing the third session of the Vietnam-Russia Inter-Parliamentary Cooperation Committee, is expected to create new momentum for bilateral trade – a highlight in the two nations’ relationship since they established diplomatic ties in 1950.
Vietnam’s capital market develops strongly
Vietnam’s economy continued to receive positive assessments in August, including those from the World Bank (WB) that upgraded its growth forecast for this year to 6.1% from 5.5%.
IIP picks up in 61 localities in first eight months
The index of industrial production (IIP) increased by 8.6 percent in the first eight months of 2024, the General Statistics Office (GSO) said Friday.
Trade turnover estimated to reach over US$511 in January-August
Viet Nam’s total trade turnover with the rest of the world was estimated at over US$511 billion in the first eight months of 2024, a year-on-year increase of 16.7 percent, the General Statistics Office (GSO) reported Friday.
Viet Nam to host “Gateway to ASEAN” conference for first time
“Gateway to ASEAN”, an annual regional conference organized by Singapore-based United Overseas Bank (UOB), will be held for the first time in Viet Nam on September 6.
Disbursed FDI in Jan-Aug hits five-year high
About 14.15 billion USD worth of foreign direct investment (FDI) was disbursed in the first eight months of this year, up 8% year-on-year, marking the highest for an eight-month period over the past five years, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
August CPI stays stable compared to previous month
The consumer price index (CPI) in August stayed almost unchanged from the previous month as a result of mixed trends in goods and consumer service prices, the General Statistics Office (GSO) reported on September 6.
Listed firms suffer huge currency losses in H1
Numerous listed-companies that have borrowed big loans in the US dollar reported substantial currency losses in the first half of 2024, data from BSC Securities showed.
Gojek quits Vietnam to focus on major markets
Indonesia-based ride-hailing and delivery service app Gojek has decided to exit Vietnam from September 16 as a step towards focusing its operations in major markets with higher growth potential.
Viet Nam’s share in global textile exports surpasses India
Viet Nam’s share in global textile, leather, and footwear exports reached 5.9 percent, overcoming the shares of India (3.5 percent) and Bangladesh (5.1 percent) in these sectors, noted the World Bank (WB) in its recent report.
U.S. becomes largest importer of Vietnamese agricultural, forestry and fishery products
Agricultural, forestry and fishery exports reached US$40.08 billion, while imports stood at US$28.28 billion in the first eight months of 2024.
Challenges of collecting e-commerce tax losses
Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
Small banks face more loan delinquencies, liquidity issues
Asset risks and profitability of Vietnamese banks remained broadly stable, but small banks faced more loan delinquencies and liquidity issues in the first half of 2024, analysts said.
Economic growth models innovation an essential step for sustainable development: Experts
Vietnam must continue to innovate its growth model by focusing on high technology, supporting innovative startups, and transitioning to a green economy, according to experts.