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Industrial production expands over 6% year on year in Q1: MoIT

Industrial production continued to thrive in the first quarter with the entire sector’s added value rising 6.18 per cent year on year, the Ministry of Industry and Trade (MoIT) reported. The increase contributed 2.02 percentage points to the growth of the economy’s added value, the MoIT told its regular press conference in Hà Nội last […]

Giá cà phê tiếp tục lập đỉnh

Nguồn cung cạn khiến giá cà phê Việt tiếp tục tăng và lập đỉnh mới khi lên sát 103.000 đồng một kg. Mở cửa phiên giao dịch ngày 4/4, giá cà phê tại các tỉnh Tây Nguyên (Đăk Lăk, Đăk Nông, Gia Lai và Kon Tum) tăng thêm 1.200-1.300 đồng, kéo mặt hàng này lên […]

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

A future trans-Vietnam high-speed railway is expected to contribute one percentage point to the country’s annual economic growth in the 2025-2037 period, a report has shown. Such contribution is possible if the railway has a designed speed of 350 kilometers/hour and transports both passengers and freight, the Ministry of Transport said in the report read […]

Vietnamese rice value heading upwards

As of the end of March, Vietnam is projected to have exported approximately 1.6 million tons of rice this year, generating over 1 billion USD in revenue, for a 50% increase year-on-year. The result signifies Vietnam’s highest rice exports for 34 years, offering a positive outlook for 2024 as a whole. The Tan Long Group has been […]

Các nền kinh tế được Việt Nam rót tiền nhiều nhất 3 tháng đầu năm, cái tên đầu bảng gây bất ngờ lớn

Trong 3 tháng đầu năm 2024, các nhà đầu tư Việt Nam đã đầu tư ra nước ngoài 22 dự án đầu tư mới và 2 lượt điều chỉnh vốn đầu tư. Theo số liệu thống kê từ Bộ Kế hoạch và Đầu tư, trong 3 tháng đầu năm 2024, tổng vốn đầu tư của […]

Vietnam’s super-rich among top 5 fastest growing in Asia-Pacific

The super-rich are those with a net worth (excluding debts) of US$30 million or more, including the real estate they reside in. Vietnam is projected to have nearly 1,000 super-rich individuals by 2028, ranking fifth in terms of growth rate in the Asia-Pacific region. A Wealth Report released by the real estate consultancy firm Knight Frank (UK) […]

Number of new businesses in Vietnam up 7% in Q1

Vietnam’s General Statistics Office (GSO) estimates 36,200 new businesses entered the market in Q1/2024, up 6.9% year-on-year. Their total charter capital and workforce topped VND332.2 trillion ($13.8 billion) and 258,800 employees, up 7% and 21.9% year-on-year, respectively. Over the course of the first three months, more than 23,600 enterprises reinstated operations, up 2.4% year-on-year, bringing […]

Vietnam’s CPI rises in Q1, driven by rice prices

Vietnam’s consumer price index (CPI), a key measure of inflation, climbed 3.77% year-on-year in the first quarter, General Director of the General Statistics Office (GSO) Nguyen Thi Huong told a press conference in Hanoi on March 29. Huong attributed the rise primarily to a surge in domestic rice prices. This increase mirrored a rise in […]

FDI attraction up over 13% in three months

Viet Nam lured close to US$6.17 billion in foreign direct investment (FDI) from the beginning of this year to March 20, up 13.4 percent year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. In the period, there were 644 newly-registered projects with total registered capital of US$4.77 billion, up 23.4 […]

Vietnam seeing positive export signs in Q1

Recovery of the world economy, including many major export markets of Vietnam, is a positive sign for the Southeast Asian nation’s import and export activities in the coming time.  Recovery of the world economy, including many major export markets of Vietnam, is a positive sign for the Southeast Asian nation’s import and export activities in the coming […]

Xuất khẩu hạt điều tăng vọt

Ảnh minh họa Tháng 3, Việt Nam xuất khẩu 55.000 tấn hạt điều, trị giá 289 triệu USD, gấp đôi so với tháng trước. Số liệu trên vừa được Cục Xuất nhập khẩu (Bộ Công Thương) trích dẫn từ Hải quan. Lũy kế quý I, xuất khẩu hạt điều đạt 147.000 tấn, trị giá 782 […]

Taiwan firms see Vietnam as crucial link in supply chain shift to Southeast Asia

Taiwanese businesses have recognized Vietnam as a crucial link in their supply chain shift to Southeast Asia, said CY Huang, founder of the Southeast-Asia Impact Alliance (SIA). Illustration Cultural similarities, a young population, significant investor presence, robust economic growth and industrial diversity were key factors driving their decision, Huang said at the Vietnam-Taiwan Business Forum […]