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Economy

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FDI sector accounts for almost half of Vietnam’s wood exports

Vietnam's wood export increased 20 percent in 2021, but foreign direct invested firms contributed half of the export revenue.

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Vietnam’s foreign reserves rise to $110 bln, 10 times higher than 2010

Foreign exchange reserves have hit a record of nearly $110 billion, marking ten times higher than 2010 figures, according to data from the State Bank of Vietnam.

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Vietnam economy sustains recovery of economic activities

Despite the negative impacts of the COVID-19 pandemic, Vietnam economy sustains recovery.

Export turnovers to Russia, Ukraine drop sharply

Export turnovers to Russia, Ukraine drop sharply

In February, Vietnam’s export turnover to Russia experienced a month-on-month decline of 44.46 percent and a year-on-year decrease of 12.45 percent, according to the General Department of Vietnam Customs.