Insight

Newsletter

newsletter

November’s CPI grows 0.13%

Hanoi (VNA) – Vietnam’s consumer price index (CPI) for November rose by 0.13% from the previous month and 2.77% compared to the same period last year, announced the General Statistics Office (GSO) on December 6. Eight groups of goods and services saw price increases and three experienced declines, it said. The group of housing, electricity, water, […]

Vietnam attracts nearly $31.4B in foreign investment in 11 months

Total registered foreign direct investment (FDI) into Vietnam, including new and additional investments, and capital contributions via share purchases, reached $31.4 billion in the first 11 months of 2024. Nearly $17.39 billion was poured into 3,035 new projects, while $9.93 billion was added to 1,350 existing projects, and $4.06 billion was spent by foreign investors […]

Trade surplus reaches $24.3B in 11 months

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 […]

Vietnam, US strengthen supply chain cooperation in global marketplace

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 […]

Vietnam ranks in top 11 largest exporters globally

Hanoi (VNS/VNA) – From being a minor exporter prior to 2013, Vietnam rose to number eleven in the global rankings of top exporters by 2023, emerging as a surprise player in global trade. According to the World Trade Organisation (WTO), Vietnam has advanced significantly in import-export rankings, now standing second in ASEAN, trailing only Singapore. Phung […]