Economy

Fruit and vegetable exports may reach $5 billion in 2023

Export value of fruits and vegetables is likely to reach $5 billion this year, according to the Viet Nam Fruits and Vegetables Association.

Vietnam’s banks have too much cash

Abundant cash is meant to support markets, but large cash flows have not yet reached businesses.

New motivation for fast and sustainable national growth

The Party and State place high expectations on science, technology and innovation, considering this a “Breakthrough Strategy” and the “main motivation” to create breakthroughs in productivity, quality, efficiency and economy's competitiveness.

Export shows sign of gradual recovery: Statistics office

Vietnam’s export turnover is estimated to reach 29.3 billion USD in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities.

Vietnam's glowing economic statistics raise eyebrows at home

Skepticism about economic statistics released by Vietnam's central and local governments is spreading, as gross domestic product and tourism figures show marked improvement despite poor business sentiment.

Experts confident in Vietnam’s economic recovery

Although Vietnam’s growth has slowed down amid global economic crises, the country is showing stronger performance and continuing to be an attractive destination for foreign manufacturers.

AMRO raises Viet Nam's 2024 GDP growth forecast to 7.6%

Viet Nam's growth forecast for 2024 has been raised to 7.6 percent from the previous projection of 7.1 percent, reflecting signs of an emerging turnaround.

Coping with market volatility

Under the influence of global economy, especially the plummeting of purchasing power in major markets, the Vietnamese textile and garment industry’s outcomes in the first months of this year were quite gloomy.

Government orders continued solutions to back businesses

With domestic industrial production gradually gaining momentum, the government is continuing to offer new solutions to spur on the confidence among the business community and attract more foreign direct investment.

Three scenarios put forward for national economy in 2023

Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).

Vietnam’s economic moment has arrived: Financial Times

Financial Times said that Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.

Foreign investors eye Vietnam’s logistics on infrastructure ...

M&A deals in the logistics sector has been driven by the boom in infrastructure investment in Vietnam.

European businesses upbeat about Viet Nam's economic prospects in Q3

BCI of the European business community in Viet Nam shows a 9 percent increase in the number of business leaders who assess their business prospects positively for the third quarter this year.

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Economy

Vietnam relies on exports, investment, and consumption for growth

Vietnamese economy overcomes difficulties with internal strength

Demand recovery expected to drive GDP growth: Experts