As of May 20, 2024, the total newly registered capital, adjusted capital and capital contributions and share purchases of foreign investors stood at over 11.07 billion USD, a year-on-year rise of 2%. Foreign investors registered nearly 9.54 billion USD in 1,538 new projects, up 46.9% in capital and 18.9% in the project number as compared […]

Vietnam’s goods export turnover was estimated at 190.08 billion USD in the first half of 2024, a year on year rise of 14.5% and pushing up the country’s trade surplus to 11.63 billion USD, reported the General Statistics Office (GSO) on June 29. The growth was driven by both domestic and foreign-invested sectors. The domestic […]

The Government on June 30 issued a decree regulating a reduction in value-added tax (VAT) on goods and services from July 1 to December 31, in accordance with Resolution 142/2024/QH15 adopted by the National Assembly on June 29. The Government on June 30 issued a decree regulating a reduction in value-added tax (VAT) on goods […]

The number of millionaires in Vietnam virtually doubled between 2013 and 2023, the fastest rate globally, to 19,400, a new report says. The country also has 58 centi-millionaires (those with US$100 million or more in assets) and six billionaires, according to British investment migration consultancy Henley & Partners. In terms of growth rate, Vietnam was […]

Vietnam’s economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29. Of the economy’s total value added growth, the sectors of agro-forestry-fishery, […]

Giá xăng và dầu (trừ mazut) cùng giảm từ 15h hôm nay, sau điều chỉnh của liên Bộ Công Thương – Tài chính. Giá xăng RON 95-III (loại phổ biến trên thị trường) giảm 260 đồng, xuống 23.290 đồng một lít. Còn E5 RON 92 ở mức 22.280 đồng một lít, hạ 180 đồng. Các […]

The province lincesing 23 new FDI projects. Northern Quang Ninh province attracted over $1.59 billion of FDI Capital in the first six months of the year, equivalent to 51.6% of the annual target, according to the provincial Statistics Office. The province licensed 23 new FDI projects with a combined registered capital of $1.358 billion. Meanwhile, […]

Vietnam shipped some 29.2 billion USD worth of agro-forestry-aquatic products abroad during the January-June period, a year-on-year increase of 19%, according to the Ministry of Agriculture and Rural Development. The sector’s trade surplus during the six-month span surged 62.4% against the same time last year to around 8.28 billion USD. Seven products and groups of […]

Giá trị xuất khẩu lâm sản nửa đầu năm 2024 ước đạt 7,95 tỷ USD, tăng 21,2% so với cùng kỳ năm 2023 Một số thị trường nhập khẩu lâm sản chính tăng mạnh như Trung Quốc tăng hơn 46%, Hoa Kỳ tăng hơn 27% so với cùng kỳ năm 2023. Trong báo cáo kết […]

GRDP up 6.46%, the higest in the last three years. Ho Chi Minh City recorded significant economic growth in the first half of 2024 with the GRDP soaring 6.46% year-on-year, the highest rate in the last three years, according to the city’s Statistics Office. The figure is higher than the national average of 6.42%. Of […]

New orders surging at one of the fastest rates on record. The rate of expansion in the Vietnamese manufacturing sector accelerated sharply at the end of the second quarter, according to the latest report from the S&P Global. New orders rose at one of the fastest rates on record, prompting firms to ramp up production […]

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning almost $3 billion, according to the Ministry of Agriculture and Rural Development. The figures represent an increase of 10.4% in volume and 32% in value over the same period last year. The country harvested 3.48 million ha of rice […]