Category Archives: News

Vietnam e-commerce market 3rd largest in Southeast Asia

Vietnam’s e-commerce market is estimated at US$22 billion, the third largest in Southeast Asia behind only Indonesia ($65 billion) and Thailand ($26 billion). The market has grown by 18% from last year, the third fastest rate behind the Philippines (23%) and Thailand (19%), according to the annual “e-Conomy SEA 2024” report by Google, Temasek and […]

Ho Chi Minh City Economy 2024: Estimated growth of 7.17%, many outstanding bright spots

At the conference to summarize the implementation of socio-economic development tasks in 2024, and to disseminate and deploy tasks in 2025 of the Ho Chi Minh City People’s Committee on December 26, Mr. Duong Ngoc Hai, Permanent Vice Chairman of the Ho Chi Minh City People’s Committee, said that in 2024, despite facing many difficulties […]

Foreign suppliers pay nearly $341M in taxes in 2024

A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than VND8.68 trillion (US$340.6 million) through the General Department of Taxation’s e-portal this year. This amounted to 74% of the annual target and marked a 26% year-on-year increase. According to the department, foreign withholding tax collected from companies offering cross-border digital […]

Overseas investment rises by almost 60% in 2024

The Foreign Investment Agency under the Ministry of Planning and Investment reported that Việt Nam’s overseas investment in 2024 rose by 57.7 per cent year-on-year to US$664.8 million. The capital went towards 164 new projects and towards increasing funding for 26 projects already in operation. The agency said that in 2024, Vietnamese investors put capital […]

CPI in 2024 increased by 3.63%, inflation was effectively controlled

The General Statistics Office’s report on January 6 showed that the consumer price index (CPI) in December 2024 increased by 0.29% compared to the previous month. Compared to December 2023, the CPI in December increased by 2.94%. The reason for the increase is that some localities adjusted the price of medical services according to Circular […]