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Business News
FDI DISBURSEMENT IN VIETNAM IN 2024 HITS RECORD HIGH
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.
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VIETNAM ECONOMY INVESTMENT
POSITIVE OUTLOOK FOR WOOD PRODUCT EXPORTS AFTER ROARING SUCCESS IN 2024
The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association of HCM City has said.
VIETNAM ECONOMY INVESTMENT
2024: VIETNAM'S OUTBOUND INVESTMENT RISES BY 57.7%
In 2024, Vietnamese investors launched 164 new projects and made 26 capital adjustments abroad. Vietnam’s total oversea investment reached nearly 665 million USD, up 57.7% compared to 2023.
MEMBER CORNER / PROMOTIONS
VIETNAM ECONOMIC NEWS RECAP - DECEMBER 2024
As we conclude the year 2024, it is important to recognize the complex landscape Vietnam navigated throughout the year. Despite facing significant challenges, including global economic slowdown and geopolitical tensions, coupled with domestic hurdles such as the stagnant real estate sector and natural disasters like typhoon Yagi, Vietnam’s economy has continuously proven its resilience, showcasing a strong rebound with GDP growth reaching 7.09%, a notable improvement from the 5.05% recorded in 2023. This growth reflects the country’s ability to navigate adversity while capitalizing on opportunities in sectors critical to its development.
VIETNAM ECONOMY INVESTMENT
DIGITAL TRANSFORMATION CATALYST FOR COMPREHENSIVE DEVELOPMENT
Vietnam is entering a period of strong transformation, led by the ongoing digital transformation revolution. The rapid booming of the Fourth Industrial Revolution has leveraged e-government, digital economy and digital society, and motivated comprehensive and sustainable development.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S RIDE-HAILING MARKET ATTRACTS GLOBAL AND LOCAL COMPETITION
As European unicorn Bolt explores a potential entry into Vietnam’s ride-hailing sector, the market is undergoing significant shifts, with local players Be and Xanh SM steadily gaining ground against Grab.
VIETNAM ECONOMY INVESTMENT
INVESTMENT OPPORTUNITIES SEEN IN VIỆT NAM'S POWER STOCKS
The Government's focus on achieving a GDP growth rate between 6.5 per cent and 7.5 per cent in 2025 underscores the critical role of electricity in sustaining industrial and economic activities.
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