MARKET EDGES UP AS LIQUIDITY IMPROVES
Việt Nam’s stock market edged up on Tuesday, buoyed by renewed interest in banking stocks and improved liquidity on both the Hồ Chí Minh Stock Exchange (HoSE) and Hà Nội Stock Exchange (HNX). Meanwhile, foreign investors continued their net-selling streak, though at a significantly reduced pace compared to recent sessions.
PRIVATE SECTOR CONTRIBUTES ABOUT 51% OF GDP
With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.
INDUSTRY AND TRADE SECTOR FLEXIBLE, DETERMINED TO MAKE BREAKTHROUGHS
2024 was considered an important milestone of Binh Duong foreign trade when the trade surplus was estimated at US$10 billion. In addition, industrial production expanded quite well, driven by the optimistic recovery of key industries. This success was certainly contributed by the Department of Industry and Trade with consistent and flexible policies.
VIETNAM’S OUTBOUND INVESTMENT INCREASES BY 9.5 TIMES IN TWO MONTHS
Vietnam's overseas investment in the first two months of 2025 totalled nearly 239 million USD, 9.5 times higher than the same period last year.
VIỆT NAM’S SHRIMP EXPORTS MAINTAIN STEADY GROWTH
Việt Nam's shrimp exports have demonstrated impressive resilience in the first two months of 2025, solidifying their status as the leading export product of the seafood industry. The shrimp export value in the two months reached US$542 million out of a total seafood export value at $1.4 billion, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
DEPUTY PM EXPLORES ECONOMIC DEVELOPMENT EXPERIENCE IN CHINA
At working sessions with specialised agencies in Shenzhen, China, Deputy PM Nguyễn Chí Dũng shared Việt Nam's development priorities in the new era, underscoring the Vietnamese Party and Government's interest in enhancing the private sector's role, improving the business climate, attracting high-quality human resources, and developing free trade zones.
VIỆT NAM AMONG WORLD’S FASTEST-GROWING ECONOMIES IN TERMS OF TRADE
Việt Nam is set to rank among the world’s 30 fastest-growing economies in both trade-growth speed and absolute volume increase by 2030, according to a forecast by German logistics provider DHL. The Business Times cited DHL’s latest report as saying that Southeast Asian countries are set for accelerated trade growth over the next five years, with Việt Nam, Indonesia and the Philippines expected to rank among the world’s 30 fastest-growing economies in both trade-growth speed and absolute volume increase by 2030.
VIỆT NAM’S COFFEE EXPORTS REACH $1.72 BILLION IN FIRST TWO MONTHS
Việt Nam exported 309,505 tonnes of coffee, earning approximately US$1.72 billion in the first two months of this year, according to the Department of Customs. Nguyễn Đức Dũng, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Việt Nam's coffee export value increased by over 37 per cent during this period, though its export volume decreased by 22 per cent.
