September 5, 2024

The second “Meet Thailand” conference was opened in the northern province of Lao Cai on August 28-29 in celebration of the 48th anniversary of diplomatic relations (1976-2024) and the 11 years of bilateral strategic partnership (2013-2024). The event, organised by the Lao Cai provincial People’s Committee in partnership with the Ministry of Foreign Affairs and […]

September 5, 2024

Party General Secretary and President To Lam and his spouse chaired a ceremony in Hanoi on August 29 to celebrate the 79th anniversary of the National Day of Vietnam (September 2). Attending the event were former and incumbent Party, State, National Assembly and Government leaders, as well as officials of ministries, agencies, socio-political organisations, and […]

September 5, 2024

The credit rating organisation Moody’s has forecast a positive economic outlook for the Asia-Pacific region in 2025, with accelerating growth in Southeast Asia, and Vietnam is expected to benefit notably from this trend. The data showed that Southeast Asia’s economic boost is driven by trade, investment, consumption, and fiscal policies, including anticipated monetary easing at […]

September 5, 2024

Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report. The economy is forecast to grow 6.1% in 2024, and 6.5% in both 2025 and 2026, up from […]

July 2, 2024

The property market has seen demand, supply and prices rise this year, according to the Vietnam Association of Realtors. There were 6,200 transactions involving new properties across all segments last quarter for an average absorption rate of nearly 31%, an 8 percentage point increase from the last quarter of 2023 and double the rate from […]

July 2, 2024

The property industry will likely see more mergers and acquisitions during the second half of this year as businesses need funds to restructure debts, brokerage MB Securities has said. Many property developers lack resources and access to capital while their costs are rising, it said. Selling projects to other investors would help them maintain their […]

July 2, 2024

Vietnam’s goods export turnover was estimated at 190.08 billion USD in the first half of 2024, a year on year rise of 14.5% and pushing up the country’s trade surplus to 11.63 billion USD, reported the General Statistics Office (GSO) on June 29. The growth was driven by both domestic and foreign-invested sectors. The domestic […]

July 2, 2024

Regional connectivity is seen as a key to bolster growth as well as create breakthroughs for the socio-economic development in localities and the country as a whole, according to insiders. The economy has recorded robust signs over the past time, with localities posting positive gross regional domestic product (GRDP) growth. The northern province of Bac […]

July 2, 2024

Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1%, according to the General Statistics Office. Foreign investors registered nearly 9.54 billion USD in 1,538 new projects, up 46.9% in capital and 18.9% in the project number as compared to the […]