As many as 116,300 enterprises registered for establishment, up 3.1% year on year, with combined registered capital of 1,086.8 trillion VND in the first nine months of 2023.
The disbursed capital during January-September topped 363 trillion VND (14.89 billion USD), up 46.7% from the same time last year.
In the wake of the U.S.-China trade conflict and the COVID-19 pandemic, there has been a notable shift in rhetoric toward supply chain independence and security.
The Vietnamese economy has recovered positively from quarter to quarter despite weak global demand for major exports and high inflation.
- Vietnam's 11-month FDI inflows reach $28.85 bln, up 14.8% 1
- Vietnam’s bonds outstanding hits over $108 bln by end of September 2
- Experts predict that Q4's strong economic growth to boost the year's overall performance. 3
- "Golden season" of sales 4
- Walmart wants to turn Vietnam into goods supply center of Asia 5
- Great potential for Vietnamese goods to enter Africa, Middle East 6
Vietnam's GDP growth accelerated in the third quarter from the previous three months but fell short of this year's growth target as dull demand for exports overshadowed support from monetary easing.
Vietnam’s overseas investment approximated 416.8 million USD during the first nine months of 2023, rising 4.6% year on year.
Viet Nam’s economy remains resilient, and recovery is expected to pick up in the near term.
Vietnam’s trade surplus in September was estimated at 2.29 billion USD, bring the figure in the first nine months of the year to 21.68 billion USD.
Tax cuts are one of the most powerful instruments to boost domestic consumption under the current economic conditions.
The country’s GDP grew by 4.24% in the first 9 months, exceeding the growth rate of 2.19% and 1.57% in 2020 and 2021, according to data from the General Statistics Office.
Following early signs of recovery in the second quarter, Standard Chartered Bank forecasts a comeback in Vietnam's economy in the second half of the year.
On the foundation of macroeconomic stability, the government has shifted its policy to prioritising economic growth in alignment with curbing inflation and ensuring the major balances of the economy.
The banking sector is forecast to grow slowly in 2023 due to general difficulties in the economy.
Vietnam has experienced its longest export decline in more than a decade, but there are signs that Vietnamese exports will recover...
One of the biggest problems facing the economy is inflation. It does more than just make prices go up; it also creates winners and losers.
A deceleration in exports is not only a matter of concern for businesses but also poses challenges for government agencies as exports constitute one of the three drivers of Vietnam’s economic growth.