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.
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.
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.
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 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.
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.
NEWLY-ESTABLISHED AND OPERATION-RESUMED BUSINESSES IN 2024 INCREASE BY 7.1%
In 2024, Vietnam saw over 157,200 newly registered businesses and nearly 76,200 businesses resuming operation, bringing the total number of new and revived businesses to over 233,400, a 7.1% increase compared to 2023.
2025 A NEW ERA FOR FINANCIAL INSTITUTIONS
Recent adjustments to Việt Nam's economic growth forecasts from major financial institutions highlight growing confidence in the country's economic trajectory.
GREEN MOMENTUM LIKELY TO PERSIST ON VIỆT NAM'S STOCK MARKET
Việt Nam’s stock market staged a strong rebound last week, recovering after two weeks of consecutive declines that had wiped more than 40 points from the VN-Index.
