Category Archives: News

UOB forecasts Vietnam’s GDP growth to reach 6.4% in 2024 and increase to 6.6% in 2025, thanks to strong internal factors and improvements in many economic sectors…. Continuing the steady growth momentum in Q3/2024, UOB Bank forecasts that Vietnam’s economy will continue to grow well in Q4. Accordingly, Vietnam’s GDP growth is forecast to reach […]

Vietnam posted a trade surplus of US$24.31 billion in the first 11 months of 2024, according to the General Statistics Office. Its exports and imports totaled $715.55 billion during the period, up 15.4% from a year earlier, with November alone accounting for $66.4 billion, up 9% year-on-year. In the first 11 months, exports expanded by 14.4% from […]

HCM City (VNA) – The 2024 Vietnam-US Cooperation Forum, held in Ho Chi Minh City, focused on new US policy directions and opportunities to enhance bilateral economic and trade relations. The event was co-organised by Vietnam’s Ministry of Industry and Trade, the US Embassy in Vietnam, and AmCham Vietnam. Ta Hoang Linh, Director of the Europe-Americas […]

The 2024 seafood export target of 10 billion USD is within reach, according to the Vietnam Association of Seafood Exporters and Producers (Vasep). In November, despite a slight slowdown, seafood exports still reached nearly 924 million USD, an increase of 17% over the same period in 2023. Overall, in the first 11 months of the […]

Vietnamese products made from coconut, mango, and jackfruit are increasingly popular in international markets, helping export turnover reach nearly 1.1 billion USD in 10 months. According to data from the General Department of Customs, in October, processed fruit and vegetable exports reached 127 million USD, up nearly 28% over the previous month and 18% over […]

Cambodia is the largest rubber supplier to Vietnam, followed by China and South Korea. Rubber, considered “white gold”, was once a key crop for export. However, prices have dropped sharply over the years, causing the growing area to shrink and farmers switching to other crops. As a result, Vietnam has had to increase imports of […]

Binh Duong surpassed Hanoi to become second in the country in attracting foreign capital, with 42.39 billion USD, while Ho Chi Minh City is still the leader in attracting FDI. According to foreign investment (FDI) attraction data of the Ministry of Planning and Investment, by the end of November, Hanoi attracted nearly 42.2 billion USD, […]

Hai Phong City has just awarded investment certificates to 12 projects with a total capital of 1.8 billion USD. The conference to award Investment Registration Certificates for projects in economic zones (EZs) and industrial parks (IPs) in the city took place on the afternoon of November 14. At the conference, Hai Phong City People’s Committee […]

Citing data from the General Department of Customs, the Vietnam Association of Seafood Exporters and Producers (VASEP) said that pangasius exports in September 2024 reached 172 million USD, an increase of 3% compared to September 2023. In the first 9 months of 2024, pangasius exports will reach 1.5 billion USD, up 8% over the same […]

According to the latest preliminary statistics just announced by the General Department of Customs, Vietnam’s import and export value of goods in the first period of November 2024 (from November 1 to November 15, 2024) reached 33.44 billion USD, down 9.7% (equivalent to a decrease of 3.58 billion USD) compared to the results realized in […]