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Exchange rate cools in wake of SBV’s new policy

Vietnam News Economy - Wed, 01/08/2025 - 08:57
Instead of using spot contracts to sell the US dollar as previously, the SBV has stopped this and has started to use the futures contract.

State budget revenue reaches nearly $80 billion last year

Vietnam News Economy - Wed, 01/08/2025 - 08:51
State budget expenditures were around VNĐ1.8 quadrillion ($70.9 billion), reaching 86.4 per cent of the forecast.

Việt Nam among top 10 countries with the fastest e-commerce expansion in the world

Vietnam News Economy - Wed, 01/08/2025 - 07:53
E-commerce is not only an opportunity for enterprises to boost revenue, but also a platform for Vietnamese firms to penetrate deeply into the global supply chains.

Market corrects as liquidity continues to decline

Vietnam News Economy - Wed, 01/08/2025 - 06:58
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,246.95 points, rising slightly by 0.6 points, or 0.05 per cent.

Thái Nguyên launches goods booth on e-commerce platform

Vietnam News Economy - Tue, 01/07/2025 - 19:32
Thái Nguyên is the first province in Việt Nam to open this booth on the e-commerce platform with the goal of becoming a leading province in e-commerce development.

Vietnam SuperPort and strategic partners to strengthen regional connectivity

Vietnam News Economy - Tue, 01/07/2025 - 18:04
The collaboration agreement marks a pivotal moment in Việt Nam's efforts to advance its logistics industry and strengthen trade relations with other countries in the region.

Overseas investment rises by almost 60% in 2024

Vietnam News Economy - Tue, 01/07/2025 - 17:10
Around 31 different countries and territories received investments from Việt Nam in 2024.

Sacombank, Ho Chi Minh City Finance and Investment State-Owned Company partner to provide funding

Vietnam News Economy - Tue, 01/07/2025 - 16:32
Under the agreement, Sacombank and HFIC will jointly provide funding to key sectors such as technology, healthcare, education and training, culture, and sports and for carrying out digital transformation.

Hải Phòng maintains double-digit growth rate for 10 consecutive years

Vietnam News Economy - Tue, 01/07/2025 - 16:15
The port city is now one of the top five largest economies in the country.

Over one fourth of Việt Nam's population participates in eSports

Vietnam News Economy - Tue, 01/07/2025 - 15:08
The Vietnam Recreational eSports Association (VIRESA), in partnership with OTA Network, has published the Vietnam eSports White Paper 2022–2023.

Fruit and vegetable industry aims for $10 billion in exports by 2030

Vietnam News Economy - Tue, 01/07/2025 - 14:22
Based on impressive export results in recent years, Việt Nam’s fruit and vegetable industry has set a target of achieving US$10 billion in export value by 2030, according to the Việt Nam Fruit and Vegetables Association.

EVN asks to take charge of new energy projects

Vietnam News Economy - Tue, 01/07/2025 - 14:00
Vietnam Electricity (EVN) estimates that with the GDP growth target of 8 per cent this year, electricity generation must grow by a factor of 1.5.

Việt Nam maintains position as RoK’s third largest trading partner

Vietnam News Economy - Tue, 01/07/2025 - 12:04
Việt Nam continued solidifying its position as the Republic of Korea (RoK)’s third-largest trading partner in 2024, trailing only China and the US, marking the third consecutive year of the significant trade relationship.

Twelve projects to be developed in Saigon Hi-tech Park in 2025

Vietnam News Economy - Tue, 01/07/2025 - 10:57
Twelve projects, including 10 domestic projects and two foreign-invested ones with a total investment exceeding US$1 billion, are set to break ground in the Saigon Hi-tech Park (SHTP) in HCM City in 2025.

Vietnamese pepper: decline in volume, surge in value

Vietnam News Economy - Tue, 01/07/2025 - 08:36
In December 2024, Việt Nam exported 15,265 tonnes of pepper of all types, including 12,771 tonnes of black pepper and 2,494 tonnes of white pepper, generating a total turnover of $100.6 million.

LNG power projects face multiple hurdles

Vietnam News Economy - Tue, 01/07/2025 - 08:29
LNG power projects in Việt Nam are currently grappling with many obstacles, ranging from bureaucratic delays to issues with power purchase agreements (PPAs), leading to significant slowdowns.

GDP grows by over 7 per cent, exceeds target for 2024

Vietnam News Economy - Tue, 01/07/2025 - 08:27
The growth rate is relatively impressive for the 2011-24 period, only lower than the rates of 2018, 2019 and 2022.

2025 GDP growth target: ambitious and challenging

Vietnam News Economy - Tue, 01/07/2025 - 08:14
Taking into consideration all the factors, the 8 per cent GDP growth target is undoubtedly ambitious and will be challenging to achieve. As a highly open economy, Việt Nam is particularly vulnerable to global economic fluctuations and risks.

Đồng forecast to depreciate by 3% against dollar in 2025

Vietnam News Economy - Tue, 01/07/2025 - 08:13
The possibility of a sharp increase in the USD/VNĐ exchange rate will significantly impact the monetary policy of the State Bank of Vietnam (SBV).

Garment 10 Corporation targets a 7.4 per cent increase in revenue in 2025

Vietnam News Economy - Tue, 01/07/2025 - 07:19
Garment 10 Corporation (Garco 10) has set a goal of increasing by 7.4 per cent its revenue in 2025 to reach more than VNĐ5.05 trillion (US$198.4 million).

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