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Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

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 […]

Trade surplus hits $8.4B in four months

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 […]

Energy industry needs $190B investment by 2030

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 […]

Vietnam Bets Big on Chips

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 economic recovery expected to speed up in H2: WB

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 […]

3 thị trường lớn nhất của xuất khẩu nông, lâm, thủy sản Việt Nam tiếp tục là Hoa Kỳ, Trung Quốc và Nhật Bản

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 […]

Indian chemicals giant Kanoria eyes deep-water port, oil refinery investments in central Vietnam

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

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 […]

Vietnam’s Wood Export Surges 23.7% In First Four Months of 2024

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 […]

Opening Vietnam’s Economic Arteries: The Race to Complete North-South Expressway by 2025

Against a backdrop of ambitious infrastructure projects, including the Van Phong – Nha Trang, Khanh Hoa – Buon Ma Thuot, and Chi Thanh – Van Phong expressways, Vietnam’s development story unfolds with determination and resolve.  Ảnh: VGP/Nhật Bắc As Vietnam eagerly anticipates commemorating the 50th anniversary of the South’s liberation, the Prime Minister’s call resonates […]

Central Vietnam province okays Swiss-invested $126 mln bamboo board factory

Vietnam’s central province of Thanh Hoa has given an in-principle nod for staBoo Thanh Hoa JSC to invest VND3,199 billion ($126 million) in a factory for manufacturing bamboo oriented strand board (bamboo OSB). The factory, named OSB staBOO Thanh Hoa, is set to cover 26.1 hectares in Ba Thuoc district, including 25.9 hectares in the […]

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows. The shift in global production chains, especially in core technology, chip technology, and future technology industries, is opening up many opportunities for Vietnam to […]