Category Archives: News

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 […]

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 […]

According to the latest preliminary statistics announced by the General Department of Customs, the total value of Vietnam’s import and export of goods in the first period of December 2024 (from December 1 to December 15, 2024) reached 31.48 billion USD, down 3.5% (equivalent to a decrease of 1.16 billion USD) compared to the results […]

At the press conference to inform about production and business activities, labor movement in 2024, and orientation for 2025 of Vietnam Textile and Garment Group (Vinatex) on December 25, Mr. Cao Huu Hieu, General Director of Vinatex, said that up to now, the group has completed and exceeded the plan, revenue and profit exceeding the […]