{"id":4875,"date":"2024-10-06T07:05:11","date_gmt":"2024-10-06T07:05:11","guid":{"rendered":"https:\/\/vietnammanual.com\/?p=4875"},"modified":"2024-10-06T07:09:28","modified_gmt":"2024-10-06T07:09:28","slug":"business-news-in-vietnam-in-the-first-week-of-oct2024","status":"publish","type":"post","link":"https:\/\/vietnammanual.com\/vi\/2024\/10\/06\/business-news-in-vietnam-in-the-first-week-of-oct2024\/","title":{"rendered":"BUSINESS NEWS IN VIETNAM IN THE FIRST WEEK OF OCT2024"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4875\" class=\"elementor elementor-4875\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6378c373 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6378c373\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6d53534\" data-id=\"6d53534\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-517f94b1 elementor-widget elementor-widget-text-editor\" data-id=\"517f94b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>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\u2019s 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.<\/strong><\/p><p><strong>Vietnam Q3 GDP growed 7.4% on robust exports, industrial production<\/strong><\/p><p>Vietnam&#8217;s gross domestic product (GDP) grew 7.4 percent\u00a0year-on-year in the third quarter on the back of strong exports and industrial production, government data showed on Sunday. Third-quarter GDP showed the highest quarterly expansion in two years, despite the impact of\u00a0Typhoon Yagi\u00a0which hit the country last month.<\/p><p><strong>Vietnam\u2019s 2024 rice imports projected to hit record of $1bn<\/strong><\/p><p>Vietnam, one of the world\u2019s top rice exporters, is expected to import nearly US$1 billion worth of rice by the end of 2024, according to the General Department of Vietnam Customs. The country spent $850 million on rice imports in January-August, compared to last year&#8217;s total spending\u00a0of $860 million.\u00a0Rice imports cause no impact on local production. Vietnam\u2019s rice output is abundant to ensure national food security, national reserves, and exports. The General Department of Vietnam Customs reported\u00a0that the country exported 6.15 million metric tons of rice in January-August, generating over $3.85 billion,\u00a0a 5.8-percent increase in volume and a 27-percent rise in value.\u00a0<\/p><p><strong>Dollar gains on black market, skyrockets among peers<\/strong><\/p><p>The U.S. dollar gained against the Vietnamese dong on the black market Saturday morning and after jumping to a seven-week high among major peers Friday. The dollar was sold at VND25,210 at unofficial exchange points, up 0.64% from Friday. Vietcombank kept its rate unchanged at VND24,940. The State Bank of Vietnam\u2019s reference rate was stable at VND24,133.<\/p><p>Globally the dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September led traders to cut bets that the Federal Reserve will make further 50-basis-point rate cuts.<\/p><p><strong>Market ended the week with third consecutive decline<\/strong><\/p><p>The VN-Index on the H\u1ed3 Ch\u00ed Minh Stock Exchange (HoSE) closed the day at 1,270.6 points, down 7.5 points, or 0.59 per cent, marking\u00a0its third consecutive decline. On the H\u00e0 N\u1ed9i Stock Exchange (HNX), the HNX-Index also dropped by 0.29 per cent, closing at 232.67 points. Foreign investors resumed their net selling trend, with net sales amounting to over VN\u0110573 billion on the HOSE.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b0b2e85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b0b2e85\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f923197\" data-id=\"f923197\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9797742 elementor-widget elementor-widget-video\" data-id=\"9797742\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/_7wwJhPNr44?si=IakxkfLvFsnrXLaa&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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. <\/p>","protected":false},"author":1,"featured_media":4879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[152,153],"tags":[156,229,231],"class_list":["post-4875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-vietnam","category-vietnam-news","tag-doing-business-in-vietnam","tag-vietnam-business-news","tag-vietnammanual"],"_links":{"self":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/comments?post=4875"}],"version-history":[{"count":7,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4875\/revisions"}],"predecessor-version":[{"id":4904,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4875\/revisions\/4904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media\/4879"}],"wp:attachment":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media?parent=4875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/categories?post=4875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/tags?post=4875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}