Business News

By the end of 2024, the disbursed FDI capital in Vietnam is estimated to reach approximately 25.35 billion USD, up 9.4% compared to 2023, marking the highest disbursement level ever recorded. Total newly registered capital, additional capital adjustments, and foreign investors' capital contributions and share purchases are estimated at nearly 38.23 billion USD.

The rapid growth of the digital economy has propelled Vietnam’s retail e-commerce market to surpass $25 billion in 2024, marking a 20 per cent increase from the previous year.

The average Consumer Price Index (CPI) in 2024 increased by 3.63% compared to 2023, meeting the target set by the National Assembly.

With a young and dynamic population, rising incomes and increasing urbanisation, the sector is emerging as one of the most promising engines for economic expansion in the coming years.

Vietnam's gross domestic product (GDP) grew 7.09 per cent in 2024, surpassing the growth target of 6.5 per cent for the full year, according to the General Statistics Office (GSO) on January 6.

Vietnam’s foreign direct investment (FDI) disbursements hit a record high of US$25.35 billion in 2024, a 9.4% increase compared to the previous year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

In 2024, despite global uncertainties, Vietnam's exports remain a bright spot thanks to measures addressing challenges, supporting production, promoting trade and expanding markets.  Recognized as one of the fastest-growing exporters from 2019-2023, Vietnam ranks 23rd among the world's top 30 exporting economies, according to the WTO. The Sputnik has also hailed Vietnam as the "economic star" of the Asia-Pacific region.

SMEs now account for over 95 per cent of the total enterprises in Việt Nam. They also recruit 51 per cent of the social workforce, contributing more than 40 per cent of GDP and 30 per cent of total state budget revenue.