TIẾNG VIỆT 
Consumer finance sector expected to face major changes
After the boom period, the consumer finance market is facing unprecedented difficulties and requires major changes.
Economy
ESG becomes mainstream, opening significant opportunities for sustainable businesses
ESG has become mainstream in Vietnam in recent years, especially with a strong commitment on the transition to a carbon neutral economy by 2050, coupled with investors’ growing demand for sustainable development.
Vietnam aims for a GDP growth rate of more than 5% in 2023
The Vietnamese government is making every effort to attain a GDP growth rate of 5% in 2023, laying the groundwork for even higher growth in 2024.
Clock ticking for southern localities to fulfil FDI attraction targets
While some southern localities have fulfilled targets for FDI attraction, the clock is ticking for many others to complete goals since there are only 1.5 months left to the end of 2023.
- 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
Companies unable to get loans despite banks have plenty of cash
It is not capital but the ability of businesses to absorb capital that is the major bottleneck in growth momentum.
Early warning system for trade remedies helps maintain exports' competitiveness
Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.
Straighten cross ownership in banking sector
Despite going through many restructuring phases, risk in the banking and financial systems continues to be a big problem.
Bank earnings face a narrow window of opportunity
Many banks' profits recorded negative growth while bad debt increased, reflecting the persistent difficulties of the economy.
-
_315361.png)
Van Xuan FMCG Investment introduces Hoang Gia Fish Sauce to the US ...
Vietnam's Hoang Gia Fish Sauce, which won The Superior Taste Award 2023 from Belgium's International Taste Institute, was released to the US market on October 24, 2023.
-
Vietnam likely to be among fastest-growing economies in next decade: East Asia ...
Vietnam has uniquely positioned itself to be among the fastest-growing economies in the coming decade, according to an article published recently on the Australia-based website eastasiaforum.org.
-
S&P Global: Vietnam's PMI declines slightly amidst pick-up in demand
The Vietnam Manufacturing PMI as reported by S&P Global, edged down to 49.6 in October from 49.7 in the previous month, indicating a second consecutive monthly decline in the manufacturing sector.
-
Vietnam Oct exports up 5.9%, industrial output recovers
Vietnam's exports and industrial output rose in October from a year earlier, showing signs of a gradual economic recovery in the countrywhich is highly sensitive to swings in global demand.
-
Efforts promoted for achieving agricultural products export target
The total export turnover of agriculture, forestry and fisheries of the whole country was estimated at 38.48 billion USD down 5.1% compared to the same period in 2022.
-
Vietnam sees strong demand for cold storage facilities
With demand exceeding supply, cold storage real estate in Vietnam is always an attractive market.
-
Standard Chartered maintains robust 2024 GDP growth forecast of 6.7% for Viet ...
Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6.7 percent for Viet Nam in its latest macro-economic updates about Viet Nam released on October 23.
-
Vietnam enhances positions in global value chain
The attraction of large FDI inflows is a positive signal about Vietnam’s economic development and international cooperation as well as the country's efforts in improving its position on the global value chain.
