July 2, 2024

Vietnam’s economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29. Of the economy’s total value added growth, the sectors of agro-forestry-fishery, […]

July 2, 2024

Prime Minister Pham Minh Chinh hosted receptions on June 25 for Kim Sang-hyup, Co-Chairperson of the Presidential Commission on Carbon Neutrality and Green Growth of the Republic of Korea, and Lou Qiliang, Chairman and Director General of China Railway Signal Information Corporation (CRSC). At the meeting with Kim Sanghyup, held in Dalian at the sideline […]

May 31, 2024

Foreign investors poured nearly US$1.98 billion into the property sector in the first five months of 2024, up 70% year-on-year. It was the second-highest behind manufacturing, which received $7.43 billion, according to the Ministry of Planning and Investment. The rising investment comes as analysts expect a recovery by the property sector this year and next with inflation […]

May 31, 2024

Roadblocks related to credit accessibility, legal procedures, and demand-supply factor must be removed to bolster the recovery of the real estate market, experts said at a forum held in Ho Chi Minh City on May 29. According to the Ho Chi Minh City Real Estate Association (HOREA), as legal procedure bottlenecks account for 70% of […]

May 31, 2024

Vietnam’s industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed. With increasing global demand and the government’s support measures, the business outlook for companies in the field is expected to improve significantly in the coming months. Reports from the ministry indicated that between […]

May 31, 2024

Vietnam’s trade surplus hit $8.01 billion between January and May, with $156.77 billion in export revenue and $148.76 billion in imports, up 15.2% and 18.2% year-on-year, respectively. Of the total export earning, $43.69 billion came from the domestic sector and $113.08 billion from the foreign-invested one, rising 20.5% and 13.3% against the same time last […]

May 31, 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% […]

May 31, 2024

The index of industrial production (IIP), foreign direct investment (FDI) and export-import were among the bright spots of the national economy in the first five months of this year, experts have said. Such bright spots came from both the domestic and FDI sectors, signalling that exports will drive the economy in the year. According to […]

May 31, 2024

Minister of Foreign Affairs Bui Thanh Son received Anna Krystyna Radwan-Röhrenschef, Undersecretary of State at the Polish Ministry of Foreign Affairs, in Hanoi on May 29. Minister of Foreign Affairs Bui Thanh Son received Anna Krystyna Radwan-Röhrenschef, Undersecretary of State at the Polish Ministry of Foreign Affairs, in Hanoi on May 29. The Polish official […]