AVERAGE CPI IN 2024 INCREASES BY 3.63%
The average Consumer Price Index (CPI) in 2024 increased by 3.63% compared to 2023, meeting the target set by the National Assembly.
VIETNAM’S STOCK MARKET GAINS TWO MILLION NEW ACCOUNTS IN 2024
Vietnam’s stock market witnessed robust growth in 2024, with over two million new investor accounts opened, reflecting a surge in market participation. By the end of December, the total number of domestic investor accounts exceeded 9.2 million, surpassing the country’s 2025 target a year early.
VIETNAMESE RETAIL INDUSTRY EXPECTS BRIGHT FUTURE AHEAD
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.
SPECIAL DISCOUNT FOR MEMBER OF HKBAV
"Whether it's celebrating New Year's Eve, toasting at a Spring Wine gathering, or heading home for the holidays, Want Want's 'Reunion Gift Bag' lets you send thoughtful gifts that are sure to leave a lasting impression."
GDP GROWTH BEATS FORECASTS TO REACH 7.09 PER CENT IN 2024
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.
FDI DISBURSEMENTS AT RECORD HIGH IN 2024
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.
VIETNAM'S EXPORTS BRIGHT SPOT OF 2024
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.
BANK OF COMMUNICATIONS (HONG KONG) LTD. AND HONG KONG BUSINESS ASSOCIATION VIETNAM ESTABLISH FRIENDLY RELATIONSHIP
In early 2024, representatives from the Bank of Communications (Hong Kong) Ltd. (“the Bank”) visited the Hong Kong Business Association Vietnam (HKBAV) to explore the cross-border financial services needs of the overseas Chinese in Vietnam. The Bank was honorably invited to join the membership of HKBAV and became a member subsequently.
