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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 […]