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Vietnam economy
Vietnam seeks to push per capita income beyond $5,000
The government has proposed a GDP per capita target in excess of US$5,000 for 2025.
Rice export prices plunge to 9-year low
Standard Chartered projects 6.7% growth for Vietnam in 2025
Durian, coffee farmers rake in big bucks in 2024 on rising prices, bumper crop
Farmers growing durian and coffee earned up to billions of dong (VND1 billion = US$39,500) last year thanks to soaring prices or yields.
February 4, 2025 | 03:00 pm PT
Vietnam faces challenges in agricultural exports for 2025
Tighter import regulations in mainland China, the U.S. and Taiwan are expected to impact Vietnam’s agricultural and seafood exports in 2025.
January 31, 2025 | 09:00 pm PT
Vietnam's rice exports to Singapore surge by 28%
Vietnam’s rice exports to Singapore grew 28.45% to S$128.9 million (US$95.2 million) in 2024, making it the city-state's third largest rice supplier, according to the Vietnam Trade Office in Singapore.
January 22, 2025 | 07:22 pm PT
Rice export prices drop to 4-year low
Vietnam's 5% broken rice price has fallen to US$434 per ton, the lowest in four years, posing challenges for businesses and farmers.
January 12, 2025 | 01:21 am PT
Government sets 8-10% growth target for 2025
The Vietnamese government targets a GDP growth of between 8% and 10% this year, with key economic hubs aiming for even higher goals.
January 8, 2025 | 01:15 am PT
GDP expands by 7.09% in 2024
Vietnam's GDP grew by an estimated rate of 7.09% in 2024 despite global uncertainties, according to the General Statistics Office (GSO).
January 5, 2025 | 11:34 pm PT
Vietnam nuclear power program needs 2,400 workers for revival, shortage feared
Vietnam needs around 2,400 engineers, scientists and other personnel to revive its defunct nuclear program with two plants in Ninh Thuan Province, but officials flag a likely shortage.
January 2, 2025 | 08:08 pm PT
ICT industry sees growth of over 11% in 2024
The digital technology industry (ICT) industry's GDP contribution is estimated at VND989.02 trillion (US$38.8 billion), a rise of 11.2% compared to the previous year.
January 1, 2025 | 04:00 pm PT
Credit growth projected at 16% for 2025
Credit growth across Vietnam's banking system is projected to reach about 16% in 2025, according to the State Bank of Vietnam (SBV). In a document sent to financial institutions, said the central bank.
January 1, 2025 | 03:00 pm PT
Innovation, acceleration lead Vietnam into new era
On the occasion of the New Year 2025, Prime Minister Pham Minh Chinh has written an article stressing the importance of innovation, creativity, acceleration, and breakthroughs to lead Vietnam steadily into a new era – the era of rising up for strong, civilized and prosperous development of the Vietnamese nation.
January 1, 2025 | 12:28 am PT
Vietnam's GDP predicted to surpass Singapore's in 2029
Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).
December 30, 2024 | 08:45 pm PT
Vietnam's trade surges by 15.3%
Vietnam's imports and exports totaled US$745 billion, up 15.3% from a year earlier, according to the General Department of Vietnam Customs.
December 19, 2024 | 03:41 pm PT
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