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GDP growth 6% max this year, ministry predicts

GDP growth 6% max this year, ministry predicts

Vietnam's GDP growth will reach 6% at most this year despite efforts to resolve business and production difficulties, announced the Ministry of Planning and Investment at a government meeting Saturday.
Bonanza for sweet potato farmers as prices double

Bonanza for sweet potato farmers as prices double

Sweet-potato growers in the Central Highlands are enjoying a windfall as prices have doubled from last year to VND15,000–20,000 ($0.61-0.82) per kilogram on higher demand and declining output.
September 30, 2023 | 01:00 am PT
HCMC tumbles 8 places in global financial centers ranking

HCMC tumbles 8 places in global financial centers ranking

Ho Chi Minh City has fallen eight places this year to 120th out of 121 cities in the Global Financial Centers Index despite getting a rating increase.
September 29, 2023 | 02:30 am PT
Fake orders a stain on e-commerce scene

Fake orders a stain on e-commerce scene

Many e-commerce vendors are hiring people to make fake orders and put in high reviews on their products to draw in gullible customers.
September 28, 2023 | 11:00 pm PT
No global minimum tax will result in revenue loss: finance minister

No global minimum tax will result in revenue loss: finance minister

Vietnam will lose tax revenues and investment flows if it does not apply the global minimum tax from next year, Minister of Finance Ho Duc Phoc has warned.
September 28, 2023 | 09:56 pm PT
HCMC economy grows 4.57% in 9 months

HCMC economy grows 4.57% in 9 months

Ho Chi Minh City’s gross regional domestic product (GRDP) grew 6.71% between July and September, bringing total growth in the first nine months to 4.57%.
September 28, 2023 | 05:16 pm PT
Significance of Vietnam being a market economy

Significance of Vietnam being a market economy

Vietnam will have a newfound advantage in dealing with anti-dumping and anti-subsidy investigations by other countries if major importers like the U.S. and EU consider it a market economy.
September 28, 2023 | 04:46 am PT
More investments from South Korea coming to Vietnam

More investments from South Korea coming to Vietnam

A number of large enterprises from the South Korea are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.
September 27, 2023 | 11:14 pm PT
19 state-owned firms' sales match 5th of Vietnam GDP

19 state-owned firms' sales match 5th of Vietnam GDP

The 19 state-owned companies run by the State Capital Investment Corporation reported revenues of nearly US$82 billion last year, or 20% of Vietnam’s GDP.
September 26, 2023 | 08:40 pm PT
Novaland negotiating interest payment default on $300M bonds, investors antsy

Novaland negotiating interest payment default on $300M bonds, investors antsy

Property developer Novaland said it is negotiating with a group of bondholders after being unable to pay the US$7.8 million interest on its $298.6 million worth of overseas bonds.
September 26, 2023 | 06:28 pm PT
Bank bad debts increase at slower pace in Q2

Bank bad debts increase at slower pace in Q2

Although banks’ bad debt rates increased in the first half of 2023, their growth slowed down.
September 25, 2023 | 11:43 pm PT
EVN seeks to speed up electricity imports from Laos

EVN seeks to speed up electricity imports from Laos

Vietnam Electricity (EVN) is seeking approval from the government to speed up the import of electricity from Laos since shortages are forecast in the northern region.
September 25, 2023 | 11:13 pm PT
Vietnam seeks to enhance trade with Brazil

Vietnam seeks to enhance trade with Brazil

Prime Minister Pham Minh Chinh wants trade with Brazil to top US$10 billion by 2025 and $15-20 billion by 2030.
September 24, 2023 | 06:13 pm PT
Economic recovery to continue in Q3: Standard Chartered

Economic recovery to continue in Q3: Standard Chartered

Standard Chartered forecasts Vietnam's GDP growth to be 5.1% in Q3, up from 4.1% in the previous quarter.
September 24, 2023 | 03:13 am PT
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