Category Archives: News

According to statistics from the Import-Export Department, Ministry of Industry and Trade, the total import-export turnover between Vietnam and the Philippines by the end of November 2024 has officially exceeded 8 billion USD (8.042 billion USD). Specifically, Vietnam’s export turnover to the Philippine market in the first 11 months of 2024 reached 5.758 billion USD, […]

At the conference summarizing the Industry and Trade sector of Dong Thap province in 2024, the Department of Industry and Trade of Dong Thap province said that in 2024, the province’s export turnover in 2024 is estimated to reach 2 billion USD, an increase of more than 53% compared to 2023, reaching more than 142% […]

Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that the estimated export turnover of fruits and vegetables in 2024 will reach 7.12 billion USD, an increase of 27.1% compared to 2023. This is the first year that the fruit and vegetable industry has reached and surpassed the threshold of 7 billion […]

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 […]

Vietnam is expected to lead ASEAN in growth this year with a GDP expansion rate of 7%, driven by manufacturing and trade, according to lender HSBC. The forecast is grounded on strong performances in the second and third quarter with growth rates of 6.9% and 7.4% respectively, the bank said in a note. Vietnam is […]

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 […]

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 […]

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 […]

The move aims to realize the Politburo’s conclusion on building regional and international financial centers in Da Nang City and Ho Chi Minh City, the Government said in a plan released on Saturday. The Government tasked the Municipal People’s Committees of Ho Chi Minh City and Da Nang City to work closely with relevant agencies […]

According to data released by the General Statistics Office on the morning of January 6, 2025, the industrial production index (IIP) in the fourth quarter of 2024 increased by 7.9% over the same period last year. In general, in 2024, the industrial production index is estimated to increase by 8.4% over the previous year (in […]