

Hanoi still tops FDI destinations during nine months
Hanoi recorded nearly 2.53 billion USD in foreign direct investment (FDI) registered during the first nine months of 2023, maintaining its top position in FDI attraction in Vietnam, said the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Nine-month CPI increases by 3.16% year on year
The average consumer price index (CPI) in the first nine months of this year increases by 3.16% from the same period last year, the General Statistics Office (GSO) reported on September 29.

Up to 116,300 enterprises established in nine months: GSO
As many as 116,300 enterprises registered for establishment, up 3.1% year on year, with combined registered capital of 1,086.8 trillion VND, down 14.6% year on year, in the first nine months of 2023, the General Statistics Office (GSO) reported on September 29.

Foreign media upbeat about Vietnam’s economy
Many foreign press agencies have run articles featuring Vietnam’s economic growth, pointing to rosy signs in its recovery.

Over-1.2 billion-USD project to upgrade, expand Dung Quat Oil Refinery
Over 1.2 billion USD will be poured into a project to upgrade and expand Dung Quat Oil Refinery of Binh Son Refining and Petrochemical JSC (BSR), according to a decision signed by Deputy Prime Minister Tran Hong Ha.

Agro-forestry-fisheries sector posts 22.5% rise in nine-month trade surplus
The agro-forestry-fisheries sector posted a trade surplus of 8.04 billion USD in the first nine months of this year, up 22.5% annually, reported the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s nine-month GDP increases by 4.24%
Vietnam’s gross domestic product (GDP) in the first nine months of this year rose by 4.24% from the same period last year, the General Statistics Office (GSO) announced on September 29.

Vietnam posts trade surplus of 21.68 billion USD in nine months
Vietnam’s trade surplus in September was estimated at 2.29 billion USD, bring the figure in the first nine months of the year to 21.68 billion USD, the General Statistics Office (GSO) announced on September 29.

Vietnam records over 38,000 valid foreign-invested projects: FIA
There were 38,379 valid foreign-invested projects in Vietnam with a total registered capital of 455.06 billion USD as of September 20, reported the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Vietnam leaps two places in global innovation index in 2023
Vietnam has leaped two places in the Global Innovation Index (GII) in 2023, ranking 46th out of 132 countries and territories, according to a GII report released by the World Intellectual Property Organization (WIPO) on September 27.

More investments from RoK coming to Vietnam
A number of large enterprises from the Republic of Korea (RoK) are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.

SBV issues another 20 trillion VND worth of treasury bills
The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.

Revenue of 19 State groups, corporations accounts for 20% of 2022 GDP
The total consolidated revenue of 19 State-owned economic groups and corporations hit 1.871 quadrillion VND (77.9 billion USD) last year, or 20% of the country’s gross domestic product (GDP), up 0.6% from 2018, heard a workshop in Hanoi on September 26.

Vietnam’s regulatory interest rates to further down in fourth quarter: UOB
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation ...

VNX becomes official member of World Federation of Exchanges
The Vietnam Stock Exchange (VNX) said it has become an official member of the World Federation of Exchanges (WFE) following voting by the WFE General Assembly as part of the federation’s annual meeting from September 19-21.