ADB raises Vietnam's 2026 growth forecast to 7.8%
ADB has raised Vietnam’s growth forecast to 7.8% in 2026, from 7.2% in its July update, while raising its 2027 projection from 7.0% to 7.6%.
Vietnam to become competitive player in global financial market: Minister
Vietnam, an emerging financial centre, is seizing a “golden opportunity” to become a competitive player in the international financial arena with progressive legal frameworks and standout initiatives, according to Minister of Planning and Investment Nguyen Chi Dung.
Vietnam – rising star for foreign investment in Southeast Asia
Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.
Newly-established and operation-resumed businesses in 2024 increase by 7.1%
In 2024, Vietnam saw over 157,200 newly registered businesses and nearly 76,200 businesses resuming operation, bringing the total number of new and revived businesses to over 233,400, a 7.1% increase compared to 2023.
More potential for Vietnam - India Comprehensive Strategic Partnership: Ambassador
Vietnam and India have long maintained a strong and sustainable relations, built on a shared historical foundation, cultural exchanges, and common strategic interests.
Early Tet celebration on Bach Long Vi island district
A warm Tet celebration was held on January 13-14 for residents of Bach Long Vi island district in the northern port city of Hai Phong.
Red River Delta, Hanoi urged to lead Vietnam’s ascent
Prime Minister Pham Minh Chinh urged the Red River Delta and Hanoi to play a pioneering role in propelling the nation into a new era of growth and prosperity while chairing the fifth conference of the Red River Delta Coordinating Council in Hanoi on January 14.
Vietnam eyes 8 billion USD in fruit, vegetable export value in 2025
Vietnam's fruit and vegetable sector aims to achieve 8 billion USD in export revenue in 2025, building on significant market expansion and sound growth, according to the Vietnam Fruits and Vegetables Association (VINAFRUIT).
Vietnam’s int’l financial centre development draws Argentine media’s acclaim
Argentine media has lauded Vietnam’s landmark decision to establish an international financial centre in Ho Chi Minh City – the nation’s economic and commercial powerhouse, marking a pivotal shift in the Government’s economic development strategy.
Sinh villagers move to preserve Hue folk paintings
Every lunar new year, Sinh village in the central city of Hue comes alive with vibrant energy, as the nearly 450-year-old tradition of folk painting takes center stage. These iconic artworks are more than just a testament to artistic craftsmanship. They're a profound reflection of the region's spiritual and cultural identity, making Sinh Village a unique gem of the ancient capital.
Foreign visitors to Vietnam up over 39%
In 2024, Vietnam welcomed nearly 17.6 million international visitors, marking a 39.5% increase compared to the previous year. The figure is equivalent to 97.6% of the total in 2019, prior to the COVID-19 pandemic.
Central steering committee for sci-tech development, innovation, digital transformation set up
A decision on the formation of the Central Steering Committee for the Development of Science, Technology, Innovation and Digital Transformation was announced at a national conference held by the Politburo and the Party Central Committee’s Secretariat in Hanoi on January 13 morning.
Agro-forestry-fishery exports hit record 62.4 billion USD
Vietnam continues to solidify its position as one of the world's leading exporters of agro-forestry-fishery products, achieving an export turnover of 62.4 billion USD in 2024, an 18.5% increase compared to 2023.
2024: Key economic balances remain stable, trade reaches new heights
In 2024, the Ministry of Industry and Trade successfully achieved and exceeded all targets and tasks, delivering exceptional results across all areas.
2024 trade value sets record of nearly 800 billion USD
In 2024, Vietnam's trade revenue reached 786.29 billion USD, a 15.4% increase compared to 2023. Of this, exports rose by 14.3%, and imports grew by 16.7%. The trade balance recorded a surplus of 24.77 billion USD.
Overseas Vietnamese maintain contributions to their homeland: Deputy FM
Overseas Vietnamese (OV) continued to make significant contributions to their homeland last year through direct projects, remittances, and engagement in science, technology, and education collaboration, Deputy Minister of Foreign Affairs Le Thi Thu Hang told the press in Hanoi on January 9.
FDI disbursement in Vietnam in 2024 hits record high
By the end of 2024, the disbursed FDI capital in Vietnam is estimated to reach approximately 25.35 billion USD, up 9.4% compared to 2023, marking the highest disbursement level ever recorded. Total newly registered capital, additional capital adjustments, and foreign investors' capital contributions and share purchases are estimated at nearly 38.23 billion USD.
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).
Great friendship, special solidarity, and comprehensive cooperation between Vietnam and Laos
At the invitation of Lao Prime Minister Sonexay Siphandone, Prime Minister Pham Minh Chinh along with a high-ranking delegation of the Vietnamese Government, visit Laos and co-chair the 47th Meeting of the Vietnam-Laos Intergovernmental Committee on January 9-10, 2025.
Strong brands propel business recovery, sustainable growth: Vietnam Report
Building a strong brand continues to play a pivotal role in enabling businesses to recover swiftly and grow sustainably in the future, said Vu Dang Vinh, CEO of Vietnam Report JSC, during a ceremony held on January 8 to announce the country’s top 500 largest enterprises in 2024.
European businesses confident in Vietnam’s economic prospects: report
European business leaders are increasingly optimistic about the economic prospects of Vietnam whose position as a crucial link in Southeast Asia continues strengthening despite a turbulent global landscape, according to the Q4 2024 Business Confidence Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham Vietnam) on January 8.
