Viet Nam’s economy surged to $476.3 billion in 2024, becoming ASEAN’s 4th largest with the fastest growth in the region. With a bold 8% GDP target for 2025, strong manufacturing, exports, and foreign investment are driving rapid expansion. Projections suggest GDP could surpass Singapore’s by 2029 and reach $1.41 trillion by 2039.
Vietnamese economy ranks fourth in ASEAN Read More »
The total foreign investment inflows in Viet Nam reached US$4.33 billion in the first month of 2025, up 48.6% against the same period last year, the Foreign Investment Agency (FIA) reported.
Vietnam’s Foreign investment flows soar by 48% in Jan25 Read More »
Vietnam has been forecasted by The World Bank (WB) to lead the Asia-Pacific region in GDP growth with the growth rate of 6.6% in 2025 and 6.3% in 2026. Despite a slight downward adjustment for 2026, Vietnam is expected to outpace major regional economies such as the Philippines, Thailand, and China, driven by strong export capabilities and domestic demand. The World Bank also highlighted risks for the region.
Vietnam to be forecasted as Asia-Pacific’s fastest growing economy in 2026 Read More »
Vietnam’s internet economy projected to hit $36B this year, marking a 16% increase compared to 2023. Retail e-commerce continues to be a key pillar of Vietnam’s digital economy, contributing $22 billion to the country’s GDP, 18% higher than the previous year, accounting for 61% of the total size of the Internet economy.
Vietnam relies heavily on exports for its economic growth. According to the General Statistics Office, in the January-October 2024 period, exports rose 14.9 percent from a year earlier to $335.586 billion, while imports were up 16.8 percent to $312.28 billion, the GSO said.
VIETNAM BUSINESS NEWS: Vietnam recorded a trade surplus of US$2 billion in Oct2024 Read More »
Following are the highlights of Business News in the forth week of October 2024: Chinese e-commerce platform Temu operates in Vietnam without license; Ho Chi Minh City launches new innovation ecosystem for businesses; Land on downtown Ho Chi Minh City streets priced at $27,000 per sqm; and the last news is Vietnam Stock Market that closed in red as global shares headed for weekly loss.
BUSINESS NEWS IN VIETNAM IN THE FORTH WEEK OF OCT2024 Read More »
Following are the highlights of Business News in the third week of October 2024: Vietnam’s FDI expected to hit $40B in 2024; E-commerce platforms may be asked to pay taxes on behalf of sellers; Dollar gains against dong; and the last news is Vietnam Stock Market that ended week with slight dip.
BUSINESS NEWS IN VIETNAM IN THE THIRD WEEK OF OCT2024 Read More »
Following are the highlights of Business News in the second week of October 2024: Vietnam targets 7.5% economic growth in 2025; VinFast emerges as best-selling car brand in Vietnam in September; and the last news of Vietnam Stock Market that rose 4 sessions in a row.
BUSINESS NEWS IN VIETNAM IN THE SECOND WEEK OF OCT2024 Read More »
Following are the highlights of Business News in the first week of October 2024: Vietnam Q3 GDP grows 7.4% on robust exports, industrial production; Vietnam’s 2024 rice imports projected to hit record of $1bn; Dollar gains on black market, skyrockets among peers; and the last news of Vietnam Stock Market that ended the week with third consecutive decline.
BUSINESS NEWS IN VIETNAM IN THE FIRST WEEK OF OCT2024 Read More »
Following are the highlights of Business News in the fourth week of September 2024: Vietnamese interest in iPhone 16 lower than in iPhone 15; 2024 Ho Chi Minh City Economic Forum opens; Ministry of Finance is reviewing Personal Income Tax Law; and the last news about Vietnam stock market.
BUSINESS NEWS IN VIETNAM IN THE FOURTH WEEK OF SEP2024 Read More »