TIẾNG VIỆT 
Ho Chi Minh City Expects to Attract $7.4 Billion in FDI in 2023
Ho Chi Minh City, Vietnam is on its way to attracting $7.4 billion in foreign direct investment (FDI) capital this year, nearly double the amount attracted in 2022.
Economy
Moody's predicts gradual decrease in inflation in Asia-Pacific, with Vietnam to peak in Q1 2023
Moody's, a global credit rating agency, has forecasted a gradual decrease in inflation in the Asia-Pacific region, including Vietnam.
Foxconn Secures New Production Site in Vietnam Amid Shift Away from China
Foxconn Technology Group, Apple's largest contractor, has secured a new production site in Vietnam as the company continues to diversify its supply chain away from mainland China, SCMP reported.
China remains Vietnam's only trading partner with over $10 billion in import-export turnover in January 2023
China has remained Vietnam's sole trading partner with an import-export turnover of over $10 billion in January 2023, according to statistics from the General Department of Vietnam Customs.
- Vietnam receives over 11.2 million visitors in 11 months 1
- Exporting agricultural products "maintains the stronghold" 2
- Bitter taste of beer 3
- Vietnam a gateway for Canadian firms to enter ASEAN 4
- Vietnam's textile, garment sector targets $44 billion export turnover in 2024 5
- State budget revenue hits $63.5 billion in 11 months, completing 94.9% of whole-year plan 6
Most view
Vietnam-Japan Relations on the Rise as Japanese Investments Accelerate in 2023
As the two countries celebrate 50 years of diplomatic relations, expectations are high that Japan will accelerate its investment in Vietnam.
Vietnam's import-export activity slumps 44% in January 2023
In the second half of January 2023, Vietnam's import-export activity saw a 44% decline, reaching $18.08 billion, compared to $32.6 billion recorded in the same period in 2022.
Vietnam records strong trade surplus with Americas in January 2023
Vietnam recorded a trade surplus of $6.56 billion with the Americas in January 2023, with exports reaching $8.21 billion and imports at $1.65 billion, according to the Ministry of Industry and Trade.
Vietnam receives FDI worth around $1.7 bln in Jan
In the first 20 days of 2023, Vietnam attracted a substantial amount of foreign direct investment (FDI) worth approximately $1.69 billion.
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Vietnam-Laos trade surges by 24% in 2022, beating expectations
The total trade turnover between Vietnam and Laos in 2022 reached $1.703 billion, a 24% increase compared to 2021 ($1.372 billion), according to the Vietnam Trade Office in Laos
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Vietnam’s PMI edges up to 47.4 points in January
Vietnam's Manufacturing Purchasing Managers' Index (PMI) edged up to 47.4 in January from 46.4 in December, according to S&P Global Market Intelligence.
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Vietnam records trade surplus of $3.6 bln in January
Vietnam enjoyed a trade surplus of $3.6 billion in the first month of 2023, according to the General Statistics Office.
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Vietnam's trade with Asia reaches $475 bln
Vietnam's trade in products with Asia was $475.29 billion in 2022, up 9.6% from 2021, and it accounted for the biggest share (65.1%) of all import and export value in the country.
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Vietnam emerges as a new manufacturing hub
Vietnam is being recognized by overseas "key figures" due to its strategic position and transportation, cheap manufacturing costs, plentiful and dynamic people resources, and open investment regulations, according to Sputnik.
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Vietnam received $1.69 billion in foreign direct investment (FDI) as of January 20 this year, a 19.8% decrease year on year, according to the General Statistics Office.
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Vietnam has potential to lure $38 billion in FDI in 2023
Vietnam is likely to attract $36-38 billion in foreign direct investment this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
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Global smartphone shipment slowdown could hurt Vietnam
Manufacturing hubs like Vietnam and South Korea could be hurt this year as global smartphone shipments suffered its worst quarterly drop on record, signaling a cool down in consumer demand.
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Vietnam's exports to the US surpass $100 bln
Vietnam's largest export market in the past year was the United States, which is the first country to exceed the milestone of $100 billion/year in exports in 2022.
