Remittances to Ho Chi Minh City reaches US$9.6 bln in 2024
Overseas remittances to Ho Chi Minh City hit US$9.6 billion in 2024, an increase of US$140 million compared to the previous year.
2025 marks new cycle of housing market: Insider
2025 marks the beginning of a new cycle for the housing market in Ho Chi Minh City, characterised by abundant supply and improved product quality, driven by increasing competition among real estate developers, said Executive Director of CBRE Vietnam Duong Thuy Dung.
Viet Nam, Laos launch cross-border QR payment service
Viet Nam and Laos launced cross-border QR payment service to enhance tourism and economic exchanges between the two nations, at a ceremony held in Vientiane, Laos, on January 9.
Viet Nam, Laos pledge to soon realize trade goal of US$5 billion
Viet Nam and Laos have agreed to double effort to soon achieve the trade goal of US$5 billion from US$2.2 billion in 2024.
Retail investors net buy over 3 billion USD on stock market last year
In a tumultuous year for the Vietnamese stock market, retail investors played a significant role, contributing to the market's liquidity recovery.
Steering committee set up for regional, int’l financial centres
Prime Minister Pham Minh Chinh has issued a decision on setting up a steering committee for regional and international financial centres.
Numerous measures to be taken to fulfil 8% growth target in 2025
Vietnam will take various actions to achieve a growth rate of at least 8% in 2025 as set by the Government, Deputy Minister of Planning and Investment Nguyen Duc Tam told a regular Government press briefing on January 8.
Four foreign suppliers not yet complete tax registration
The department of taxation of large enterprises under the General Department of Taxation (GDT) has recently announced that four foreign suppliers conducting business in Vietnam through e-commerce digital platforms have not yet complied with regulations on tax registration through the GDT’s e-portal.
European businesses optimistic about the economic prospects of Viet Nam
Viet Nam’s Business Confidence Index (BCI) jumped from 46.3 in Q4, 2023 to 61.8 in Q4, 2024, reflecting a positive sentiment in both current and future outlooks, EuroCham Viet Nam said Wednesday.
Nearly 19% of total FDI inflow in Vietnam poured into real estate: GSO
Foreign direct investment (FDI) in the real estate sector for 2024 reached 3.72 billion USD, making up 18.8% of the total FDI that Vietnam attracted in the year, second only to the manufacturing sector, reported the General Statistics Office (GSO).
Berggruen Holdings pledges to support Viet Nam to establish development investment fund
Berggruen Holdings stands ready to work with Viet Nam in human resources training and help the country establish a development investment fund, said Founder and Chairman of the US-based company Nicolas Berggruen.
Viet Nam’s e-commerce hits US$25 billion in 2024
Viet Nam’s e-commerce market hit US$25 billion in 2024, up 20 percent compared to the previous year, making up 9 percent of the nation’s total retail sales and services revenue.
Viet Nam’s foreign trade hits record high in 2024
Viet Nam’s foreign trade reached an all-time high of US$786.29 billion in 2024, up 15.4 percent against the previous year, reported the General Department of Customs.
FDI disbursement reaches record high in 2024
The disbursed volume of FDI was estimated to reach a record high of US$25.35 billion in 2024, a year-on-year increase of 9.4 percent, according to the Foreign Investment Agency (FIA).
Vietnamese dong forecast to depreciate by 3% against US dollar in 2025
A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about three% against the dollar, experts forecast.