Category Archives: News

Vietnamese enterprises invested over US$25 million in 17 new projects aboard in the first two months of 2024, equal to 21.7 percent of the capital registered in the same period last year, the Foreign Investment Agency reported. Vietnamese investors poured capital in eight industries, in which wholesale and retail accounted for 39.4 percent, real estate […]

The total retail sales of goods and consumer service revenue in February increased by 8.5% over the same period last year to 509.7 trillion VND (20.63 billion USD), according to the General Statistics Office (GSO).   The total retail sales of goods and consumer service revenue in February increased by 8.5% over the same period […]

Total registered capital estimated at $8.9 billion. Around 8,590 new enterprises were established in February with total registered capital of VND67.26 trillion ($2.74 billion), figures from the Business Registration Management Agency at the Ministry of Planning and Investment show. The figures represent a decline of 2.8 per cent and a rise of 2.6 per cent, […]

Vietnam’s index of industrial production (IIP) fell 6.8% year-on-year in February and 18% from a month earlier, the General Statistics Office (GSO) reported Thursday. The one-week Lunar New Year (Tet) holiday, which fell totally in February, was a main factor in the month-on-month fall, it said. Despite February’s fall, the January-February IIP went up 5.7% […]

The consumer price index (CPI) in February rose 1.04% against January and 3.98% year-on-year, fueled by high consumer demand for Tet (Lunar New Year) holiday and a surge in rice prices, the General Statistics Office said on February 29.   In the first two months, the CPI rose 3.67% from the same time last year, […]

Foreign investors have continued to bet on Vietnam’s success story by pouring in fresh cash, sending committed foreign direct investment (FDI) in the Southeast Asian country to $4.29 billion in the first two months of this year, up 38.6% year-on-year. The strong growth has been driven by a 55.2% year-on-year rise in the number of […]

Vietnam has recorded a trade surplus of 4.72 billion USD in the first two months of 2024, higher than the figure of 3.5 billion USD reported in the same period last year, according to the General Statistics Office (GSO). In the period, the country’s total import-export turnover is estimated at some 114 billion USD, up 18.6% year-on-year. […]

Jan-Feb export value hit $20.9 billion, up 22 per cent. Illustration. Vietnam’s exports of hardware and electronic products is expected to stand at $135 billion this year, according to the Ministry of Information and Communications (MoIC). Revenue in the information and communications technology (ICT) sector in the first two months of the year reached over […]

Vietnam plans to have renewables account for 15-20% of total primary energy by 2030 and the weight will be raised to 65-70% by 2045, according to the newly approved National Energy Development Strategy. The nation’s total primary energy output is expected to hit 150-170 million tons of oil equivalent (TOE) by 2030 and 260-280 million […]

Vietnam remains the world’s second-largest smartphone exporter. Vietnam earned over $5.5 billion from exporting phones and accessories in January, a year-on-year increase of 11.4 per cent, figures from the General Department of Vietnam Customs show. The figure also represents growth of 50.4 per cent compared to December. The US remained Vietnam’s largest export market in […]