News

Vietnam's (PPP) GDP predicted to surpass $2 trillion by 2030, ranking 9th in the world

The latest economic forecast by Australia's Lowy Institute predicts that Vietnam's (PPP) Gross Domestic Product will surpass $2 trillion by 2030, ranking 9th in the world.

EuroCham White Book 2022: Vietnam Continues to Attract Foreign Direct Investment

Vietnam remains an attractive foreign direct investment (FDI) destination despite the ongoing COVID-19 pandemic, according to the European Chamber of Commerce in Vietnam's White Book 2022.

Vietnam spends more than $900 million on petroleum imports in January

In January 2023, Vietnam witnessed a significant surge in the import of various types of petroleum products from its two main markets, South Korea and Singapore.

Korean enterprises inject most investment capital into Vietnam

According to the General Statistics Office's Economic Census of 2021, Vietnam had 22,242 FDI enterprises in operation as of the end of 2020, with 88.1% of them being foreign-invested FATS.

Vietnam Participates in Biofach 2023, One of the World's Leading Organic Food Trade ...

Ten Vietnamese companies are among over 2,500 exhibitors from nearly 100 countries that participated in Biofach 2023, the world's leading organic food trade fair, held in Nuremberg, Germany from February 14-17.

Vietnam Implements Plan to Combat Illegal Fishing and Meet EU Traceability ...

Deputy Prime Minister Tran Luu Quang has signed a plan to combat illegal, unreported, and unregulated (IUU) fishing and meet the European Union’s traceability requirements for seafood exports.

Vietnam and Japan collaborate for green growth

Experts suggest Vietnam and Japan work together in industries such as renewable energy, organic farming, and wooden architecture to promote green growth and ensure a sustainable future.

Vietnam narrows labor productivity gap with Japan, South Korea

Vietnam's labor productivity is improving relative to neighboring countries, but absolute differences persist.

Vietnam’s 2023 household spending estimated to grow 7.3%: Fitch

Real household spending in Vietnam is expected to grow by 7.3% in 2023, a slowdown from 7.5% growth recorded in 2022, according to recent report from Fitch Solutions.

Vietnam emerges as a key destination for South Korean investment

The relationship between South Korea and Vietnam has undergone a remarkable transformation over the years, moving from being wartime adversaries to economic partners, Asia Sentinel reported.

Vietnam Airlines restores Hanoi-Kuala Lumpur flight service

Vietnam Airlines has officially resumed its flight service between Hanoi and Kuala Lumpur, Malaysia, to serve the travel needs of passengers.

Samsung to support Vietnam's tech industry with scholarships

Samsung to support tech talent in Vietnam with scholarships and business cooperation programs. Boosting local industry to join Samsung's global value chain.

Vietnam sets economic growth target of 9% for Red River Delta

The government has set an economic growth target of 9% a year from now until 2030 for the Red River Delta, which includes Hanoi.

Vietnam imports nearly $500M of meat from India

Vietnam spent $1.49M importing 680,000 tons of meat and meat products, with India being the largest supplier with a value of nearly $500M, accounting for 22.27% of Vietnam's total meat imports.

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News

$310M earmarked for rail infrastructure development this year

Vietnam and Singapore sign agreement to export renewable energy by 2030

Vietnam's car imports surge by 219% in January