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Overseas remittances to HCMC record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded US$2.86 billion in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
European businesses' confidence in Vietnam hits two-year high
The European Chamber of Commerce Vietnam (EuroCham) on Monday released the Business Confidence Index (BCI) for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.
Banking credit edges up in Q1
Banking credit grew by 1% to VND13.79 quadrillion (US$552.4 billion) in the first three months of 2024, according to the State Bank of Vietnam.
April 7, 2024 | 06:35 pm PT
CPI rises 3.77% in first quarter, driven by rice prices
Vietnam's consumer price index (CPI), a key measure of inflation, climbed 3.77% year-on-year in the first quarter.
March 29, 2024 | 04:39 pm PT
PM attends Vietnam - Australia Business Forum in Melbourne
Prime Minister Pham Minh Chinh attended the Vietnam - Australia Business Forum in Melbourne on March 5 as part of his trip to Australia to attend the ASEAN - Australia Special Summit and pay an official visit to Australia.
March 5, 2024 | 05:22 am PT
Vietnam to see largest expansion in wealth growth over the next decade
Vietnam will see the biggest surge in wealth growth in the world over the next decade as it positions itself as a global manufacturing hub.
February 22, 2024 | 03:47 pm PT
Vietnamese durian and coffee farmers see unprecedented profits in 2023
The record prices of durian, coffee, and rice in 2023 brought significant profits to farmers in the Central Highlands and the Mekong Delta.
February 12, 2024 | 05:00 am PT
Vietnam's export revenue highest in 22 months
Vietnam's export turnover reached nearly US$33.6 billion in January, up 42% year-on-year, the highest since April 2022, according to the Ministry of Industry and Trade.
February 8, 2024 | 06:00 pm PT
Overseas Vietnamese labor in Asia drives remittance growth
An increase in labor export and remittances from Vietnamese workers in the Asia region were the main reasons behind Vietnam’s record-high inward remittance totals last year.
February 5, 2024 | 12:36 am PT
2023 in review: Vietnam economy weathers the storm
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.
February 4, 2024 | 03:00 pm PT
HCMC eyes economic growth of 6.5% in Q1
Ho Chi Minh City targets economic growth of at least 6.5% in the first quarter so that it can hit the full-year target of 7.5-8%.
February 1, 2024 | 07:20 pm PT
Vietnam a socioeconomic success story: WTO director general
Ngozi Okonjo-Iweala, director general of the World Trade Organization (WTO), hailed Vietnam as a “story of successful socio-economic development” during a meeting with Prime Minister Pham Minh Chinh on Thursday.
January 19, 2024 | 03:17 am PT
Global minimum tax unlikely to inhibit FDI flows into Vietnam: experts
Global minimum tax is not a big concern as multinational corporations not only consider tax incentives but also other factors and support policies when investing in Vietnam, experts assess.
January 11, 2024 | 08:28 pm PT
Vietnam among world's top 25 economies by 2038: UK think tank
Vietnam and the Philippines are the two economies in Southeast Asia that are projected to make a big leap in the World Economic League Table (WELT) between 2023 and 2038, according to the Center for Economics and Business Research (CEBR).
December 30, 2023 | 06:00 pm PT
The stressful anticipation of Tet bonuses
As a reporter covering labor and industry, I've noticed the year-end period tends to be stressful and anxious for workers, and businesses too.
December 29, 2023 | 07:05 pm PT
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