As many as 51,600 new enterprises with total registered capital of nearly 508 trillion VND (20 billion USD) were established in the first four months of 2024, representing year-on-year increases of 3.4% in the number of businesses and 9.3% in the capital, according to the General Statistics Office (GSO). As many as 51,600 new enterprises […]

Vietnam’s index of industrial production (IIP) remained on an upward trend, rising 6.3% year-on-year in April and 6% in January-April this year. The corresponding figures for March and Jan-March were 4.1% and 5.7%, according to the General Statistics Office. The IIP declined 6.8% in February but went up 5.7% in Jan-Feb. The Jan-April 2024 performance […]

The consumer price index (CPI) in April inched up 0.07% from the previous month and 4.4% year on year, mainly fueled by a petroleum price hike, the General Statistics Office (GSO) said on April 29. Among the 11 main groups of consumer goods and services, eight saw price hikes compared to the previous month while […]

Registered foreign direct investment (FDI) in Vietnam reached $9.27 billion in the year to April 22, while disbursed FDI hit $6.28 billion, the highest figure in the last five years. The registered FDI was 4.4% higher than the same period last year ($8.88 billion), but lower year-on-year compared to 2019-2022, the peak period of the […]

Vietnam’s import-export revenue reached $238.88 billion in the first four months of this year, with trade surplus reaching $8.4 billion, higher than the $7.66 billion recorded in the same period last year. April exports were estimated at $30.94 billion , up 10.6% over the same period last year, pushing the total results in the first […]

The total capital demand for Vietnam’s energy sector is estimated at VND4.13-4.8 quadrillion (US$163-189.7 billion) in investment capital during 2021-30, according to a plan to implement the National Power Planning. Under the plan, which has been approved in a decision signed by Deputy Prime Minister Tran Hong Ha, the capital for energy projects will come […]

With a $1 billion blitz of spending, training and policies, the ascendant manufacturing hub is positioning itself to be a key link in the global chip supply chain Vietnam is embarking on an ambitious mission to mint a large, highly skilled semiconductor workforce in a bid to capture a sizable share of the world’s largest […]

Vietnam’s economy has shown signs of uneven recovery in early 2024 and economic activities are expected to firm up in the second half of this year, the World Bank says in its latest bi-annual economic update. After experiencing a slowdown in 2023, the economy is showing mixed signs of recovery in early 2024, the bank […]

Để tiếp tục duy trì tốt đà tăng trưởng trong xuất khẩu, Bộ NN&PTNT tiếp tục xử lý các vấn đề thị trường nhằm tạo điều kiện thuận lợi cho xuất khẩu nông, lâm, thuỷ sản, nhất là sang các thị trường: Trung Quốc, Hoa Kỳ, Nhật Bản, EU; đồng thời, mở cửa các thị […]

Kanoria Chemicals & Industries Ltd., one of the leading manufacturers of chemical intermediates and specialties in India, has shown interest in the Bai Goc deep-water port project located in the Nam Phu Yen economic zone in Vietnam’s central province of Phu Yen. During talks with Ta Anh Tuan, chairman of the provincial People’s Committee, on […]

Hoa Kỳ là thị trường xuất khẩu lớn nhất của Việt Nam trong 4 tháng đầu năm 2024 với kim ngạch ước đạt 34,1 tỷ USD. Theo số liệu vừa công bố của Tổng cục Thống kê, tính chung 4 tháng đầu năm 2024, cán cân thương mại hàng hóa của Việt Nam ước tính xuất […]

As demand soars and trade policies favor, Vietnam’s wood industry surges, yet hurdles loom in regulatory scrutiny and market diversification. Vietnam’s wood and wood product exports have been surging, driven by robust global demand and the country’s favorable trade policies. In the first four months of 2024, these exports are estimated to have reached $4.8 […]