Vietnam’s economic growth to reach 6.5% in 2023: ADB (05/04/2023)
After a strong performance in 2022, Vietnam’s economic growth is expected to moderate at 6.5% this year and further expand at 6.8% in 2024, according to the Asian Development Bank (ADB).
After a strong performance in 2022, Vietnam’s economic growth is expected to moderate at 6.5% this year and further expand at 6.8% in 2024, according to the Asian Development Bank (ADB).
Plenty of room for real estate market to develop: Experts (05/04/2023)
The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with 766 million USD, accounting for 14.1% of total FDI.
The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with 766 million USD, accounting for 14.1% of total FDI.
Vietnam needs more impetus to achieve 6.5% growth target for 2023 (05/04/2023)
Vietnam’s gross domestic product (GDP) grew 3.32% in the first quarter of this year, a 4-year low, according to the General Statistics Office. Foreign direct investment attraction and goods import and export, which used to see impressive continuous growth rates have fallen. Vietnam will need more impetus to achieve growth of 6.5% this year. The government has warned that geopolitical uncertainties may continue affecting Vietnam’s efforts to boost production and exports this year.
Vietnam’s gross domestic product (GDP) grew 3.32% in the first quarter of this year, a 4-year low, according to the General Statistics Office. Foreign direct investment attraction and goods import and export, which used to see impressive continuous growth rates have fallen. Vietnam will need more impetus to achieve growth of 6.5% this year. The government has warned that geopolitical uncertainties may continue affecting Vietnam’s efforts to boost production and exports this year.
Việt Nam prioritises investment, export and consumption: PM Chính (04/04/2023)
Việt Nam will prioritise promoting three growth drivers of investment, export, and consumption amid external factors that influenced the country’s economic performance in the first quarter of this year, Prime Minister Phạm Minh Chính said at the regular Government meeting held on Monday in the capital city.
Việt Nam will prioritise promoting three growth drivers of investment, export, and consumption amid external factors that influenced the country’s economic performance in the first quarter of this year, Prime Minister Phạm Minh Chính said at the regular Government meeting held on Monday in the capital city.
Tremendous potential in Vietnam’s supporting industries (04/04/2023)
Small- and medium-sized enterprises (SMEs) in supporting industries can benefit from multinational groups’ China plus-one strategies that include Vietnam, wrote Filippo Bortoletti, Country Director of the Dezan Shira & Associates Vietnam.
Small- and medium-sized enterprises (SMEs) in supporting industries can benefit from multinational groups’ China plus-one strategies that include Vietnam, wrote Filippo Bortoletti, Country Director of the Dezan Shira & Associates Vietnam.
HCM City’s industrial production index down 0.9% in Q1 (04/04/2023)
Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Production and export boost acknowledged to fortify targets (04/04/2023)
With a decline in trade for Q1, looming risks both in the global markets are posing challenges for the country to reach its export target this year.
With a decline in trade for Q1, looming risks both in the global markets are posing challenges for the country to reach its export target this year.
MARD targets $14 billion in agro-forestry-aquatic exports in Q2 (04/04/2023)
The Ministry of Agriculture and Rural Development targets $14 billion in export turnover of the agro-forestry-acquatic sector in the second quarter of this year, an increase of 3 per cent on-year.
The Ministry of Agriculture and Rural Development targets $14 billion in export turnover of the agro-forestry-acquatic sector in the second quarter of this year, an increase of 3 per cent on-year.
Private sector remains driving force for Vietnam’s economy (04/04/2023)
Capital from the private sector also makes a great contribution to socio-economic development.
Capital from the private sector also makes a great contribution to socio-economic development.
Vietnam’s fisheries exports reach 1.85 billion USD in Q1 (04/04/2023)
Fisheries export value was estimated at 1.85 billion USD in the first quarter of this year, a decline of 27% compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Fisheries export value was estimated at 1.85 billion USD in the first quarter of this year, a decline of 27% compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Garment exports expected at more than $45 billion in 2023: association (04/04/2023)
The Vietnam Textile and Apparel Association (VITAS) forecast garment exports to reach more than USS$45 billion in 2023, higher than this year value of $44 billion, driven by the opportunities provided by new-generation free trade agreements.
The Vietnam Textile and Apparel Association (VITAS) forecast garment exports to reach more than USS$45 billion in 2023, higher than this year value of $44 billion, driven by the opportunities provided by new-generation free trade agreements.
Vietnamese embassy meets overseas Vietnamese in India, Nepal (03/04/2023)
The Vietnamese Embassy in India on April 1 held an online meeting with representatives of the Vietnamese communities in India and Nepal.
The Vietnamese Embassy in India on April 1 held an online meeting with representatives of the Vietnamese communities in India and Nepal.
Vietnam, Israel conclude FTA negotiations (03/04/2023)
Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.
Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.
Vietnam’s exports face plenty of challenges in year ahead (03/04/2023)
Inflation is still high in many countries, leading to the trend of monetary tightening and interest rates which are expected to continue to increase in the first half of the year.
Inflation is still high in many countries, leading to the trend of monetary tightening and interest rates which are expected to continue to increase in the first half of the year.
HCM City sees over 22% rise in FDI inflows in Q1 (03/04/2023)
Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.
Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.
Vietnamese retail market appealing to foreign investors (03/04/2023)
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.
Gains feasible through large-scale FDI (03/04/2023)
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.
Capital poured into HCM City’s export processing, industrial zones up 21% in Q1 (31/03/2023)
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.
Digital transformation paves way for agro exports (31/03/2023)
Given the decline of many traditional raw export markets, agro businesses have been actively promoting technology transfer and application in production, focusing on deep processing to diversify export markets.
Given the decline of many traditional raw export markets, agro businesses have been actively promoting technology transfer and application in production, focusing on deep processing to diversify export markets.
Vietnam expected to export 7 million tonnes of rice this year: Ministry (31/03/2023)
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
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