April 22, 2024

Vietnam has had its share of billionaire celebrity visits in recent years but Apple CEO Tim Cook’s recent visit was probably one of the most meaningful in the light of recent global news coverage relating to Vietnam. Apple began operating in Vietnam over a decade ago and is supporting over 200,000 jobs across the country […]

April 3, 2024

Amid a gloomy real estate market, experts have pointed out that the affordable housing segment is the key to mobilising capital. Le Xuan Nghia, an economist, suggests that focusing on developing affordable housing projects instead of social housing or worker housing under stringent conditions would help stimulate real estate capital flow. “If the attention remains […]

April 3, 2024

The Real Estate Business Law in Vietnam introduces significant amendments compared to its predecessor, with a particular emphasis on the rights and responsibilities of foreign investors. Vlad Savin, partner at Acclime Vietnam, explains the changes. In a significant departure from the previous legislation, the 2023 Real Estate Business Law in Vietnam has revised the treatment […]

April 3, 2024

Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to world media. Hanoi (VNA) – Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to world […]

April 3, 2024

Vietnam’s economy grew 5.66% in the first quarter compared to the same period last year, the highest for the first quarter since 2020, the General Statistics Office (GSO) announced at a press conference in Hanoi on March 29. Hanoi (VNA) – Vietnam’s economy grew 5.66% in the first quarter compared to the same period last year, […]

April 3, 2024

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. In the period, total export-import turnover hit $178.04 billion, up 15.5% from the same period last year. Exports performed particularly well, with an estimated value of $93.06 billion, reflecting a 17% […]

April 3, 2024

Recovery of the world economy, including many major export markets of Vietnam, is a positive sign for the Southeast Asian nation’s import and export activities in the coming time. Hanoi (VNA) – Recovery of the world economy, including many major export markets of Vietnam, is a positive sign for the Southeast Asian nation’s import and export activities in […]

April 3, 2024

Minister of Foreign Affairs Bui Thanh Son held a working session with US National Security Advisor Jake Sullivan in Washington D.C. on March 25 as part of his US trip to co-chair the first annual dialogue between the foreign ministers of Vietnam and the US. Washington D.C. (VNA) – Minister of Foreign Affairs Bui Thanh Son […]

March 7, 2024

Vietnam is among the fastest growing countries globally and saw a strong bounce-back following pandemic-induced economic slowdowns. The country’s middle class is also booming, and while it currently accounts for around 13% of the total population this is expected to double by 2026. With this rapid growth, it comes as little surprise that the urbanisation […]