News

Fitch upgrades Vietnam’s credit-rating to BB+ from BB on “robust” FDI

Fitch Ratings has upgraded Vietnam's Long-Term Foreign-Currency Issuer Default Rating to 'BB+', from 'BB', with a stable outlook, according to Friday statement from Fitch.

Vietnam-U.S. 11-month bilateral trade exceeds $100 billion amidst global trade slowdown

Bilateral trade between Vietnam and the United States reached $100.62 billion in the first 11 months of 2023, despite a global trade slump.

T&T and CIENCO4 win PPP bid to invest in $239.4 mln airport in Quang Tri

A consortium of T&T transport infrastructure development and investment company and CIENCO4 Group JSC won the bid to invest in the Public-Private Partnership airport worth VND5.82 trillion ($239.408 million) in Quang Tri.

Jan.-Nov. State budget collection from import-export reaches $14 bln, down nearly ...

State budget collection from import-export activities topped VND335.1 trillion ($13.8 billion) in 11 months, or 78.9% of the estimate, down 16.8%, according to latest report from the General Department of Vietnam Customs.

Vietnam gov’t mulls special package for high-speed railway

The Vietnamese government is considering a package of special mechanisms for the construction of a colossal high-speed railway that will run the length of the country.

Samsung partners QTech to invest $430 mln plant in Nghe An province

QTech, a camera manufacturer located in Hong Kong, China, has planned to invest $430 million in Nghe An, central region of Vietnam.

Vietnam's 11-month trade volume reaches over $600 billion

Trade between Vietnam and the rest of the world hit $619.17 in the first eleven months of this year, according to the Ministry of Industry and Trade.

Ho Chi Minh City attracts over $3 billion in FDI in 11 months

Over $3 billion in FDI came to HCMC in the first 11 months of 2023. This is 12.9% less than the same time last year, according to the city's Statistics Office.

Vietnam exports shrimp to 100 countries, territories

Shrimp are exported from Vietnam to around 100 nations and territories worldwide, according to the Ministry of Agriculture and Rural Development's General Department of Fisheries.

Ministries, SBV requested to boost corporate bond, real estate ...

In order to support corporate bond and real estate markets in a safe, healthy, and sustainable manner, Prime Minister Pham Minh Chinh has called for further measures to encourage credit availability.

Carbon market development key to green transition

Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as increasingly crucial tool.

Vietnam targets $44 billion in textile, apparel exports in 2024

The Vietnam Textile and Apparel Association wants to make 44 billion USD from exporting textiles and clothing by 2024. Things have been going well since the last quarter of this year.

Vietnam set to raise effective tax rate on multinationals as part of global ...

Vietnam's parliament is set to approve a top-up tax for multinationals, which will raise the effective rate of the corporate levy to 15% from January in line with a global agreement.

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News

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South Korea's Hyosung Group to invest $720 million in Vietnam

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