The founding congress of the Vietnam-Singapore Friendship Association in Hanoi was held on the afternoon of January 21. Mr. Trần Anh Tuấn, a member of the Hanoi Party Committee and Secretary of the Sơn Tây Party Committee, was elected as the President of the Association. Mr. Nguyễn Ngọc Kỳ, Chairman of the Hanoi Union of […]
Category Archives: News
Two-way trade turnover hitting over $3.2 bln in 2024. VPrime Minister Pham Minh Chinh (L) and his Polish counterpart Donald Tusk co-chaired a press conference after their talks in Warsaw on January 16. (Photo: VGP) Prime Minister Pham Minh Chinh and his Polish counterpart Donald Tusk agreed to boost economic cooperation with the aim of […]
Dragon Capital proposes two economic growth scenarios for Vietnam in 2025. Vietnam is entering a new era of growth, Dr. Le Anh Tuan, Chief Investment Officer of Dragon Capital, confirmed at the Investor Day 2025 event organized by Dragon Capital recently. Drivers for double-digit growth Looking back at the 2024 macro economy, Mr. Tuan assessed […]
Average occupancy rate ranging between 80-89%. Industrial real estate is considered a bright spot in Vietnam’s property market in 2024, with the participation of many foreign investors and occupancy rates at industrial parks (IPs) continuing to head upwards. Over the past year, many major global producers such as Samsung, LG, Foxconn, Hyosung and Nestle announced […]
With the forecasted figures from the General Department of Customs, this achievement is expected to surpass the record set in 2022. Billion-Dollar Products and a Sector Bringing in $62 Billion in Export Revenue in 2024 Vietnam boasts rare “heaven-sent treasures,” with its exports ranking second globally, with India being the largest buyer. According to the […]
Vietnam Achieves Record Trade Turnover According to Prime Minister Phạm Minh Chính, by the end of November, Vietnam’s total import-export turnover was estimated at approximately USD 715 billion, up 15.3%, with a trade surplus exceeding USD 23 billion. For the full year, trade turnover is projected to reach USD 807.7 billion, the highest ever recorded. […]
FDI attraction for the whole year is estimated to reach $550 million. Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted approximately $491.7 million of FDI capital as of December this year, equivalent to 89.4% of the annual target, according to the Ho Chi Minh City Export Processing and Industrial […]
Nvidia CEO Jensen Huang’s second visit to Vietnam marks a turning point in the country’s AI journey, with major announcements including the establishment of Nvidia Vietnam and the acquisition of VinBrain. Nvidia CEO Jensen Huang’s recent trip to Vietnam has made headlines, marking his second visit to the country within a year. During his stay, […]
Along with India, Canada, and China, Vietnam has experienced the fastest average annual export growth from 2019 to 2023. From being a minor player in global exports before 2013, Vietnam has soared to the 11th spot among the world’s top 15 exporters by 2023. The country is considered a surprising factor in global trade, according […]
Vietnam currently boasts one of the fastest-growing e-commerce markets in the region. Vietnam’s digital economy is projected to reach $220 billion by 2030, according to a new report from market research firm IMARC Group which described e-commerce as a key driver of this growth, solidifying Vietnam’s position in Southeast Asia and attracting significant global investment. […]