Thông tấn xã Việt Nam
Business-Integration
Vietnam manufacturing returns to expansion
Vietnam manufacturing returns to expansion

The S&P Global Vietnam Manufacturing PMI rose to 51.2 in October from 47.3 in September, marking a return above the 50-point threshold after disruptions caused by Typhoon Yagi.

Vietnam’s national brand value reaches 507 billion USD in 2024
Vietnam’s national brand value reaches 507 billion USD in 2024

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.

FDI hits over 27 billion USD in first 10 months
FDI hits over 27 billion USD in first 10 months

Vietnam reported about 27.26 billion USD in foreign direct investment (FDI) in the first 10 months of the year, an on-year increase of 1.9%. The capital disbursed for foreign investment projects is estimated at approximately 19.58 billion USD, up 8.8% compared to the same period in 2023.

Vietnam’s FTA network as of October 2024
Vietnam’s FTA network as of October 2024

As of October 2024, Vietnam has signed and implemented 17 Free Trade Agreements (FTAs) and is negotiating two more. As of October 2024, Vietnam has signed and implemented 17 Free Trade Agreements (FTAs) and is negotiating two more. Expanding its FTA network underscores Vietnam’s commitment to economic integration, offering substantial opportunities to deepen its role in global value chains, boost exports, drive GDP growth, and enhance institutional frameworks.

Int’l organisations raise Vietnam's economic growth forecast
Int’l organisations raise Vietnam's economic growth forecast

Several international organisations have raised their economic growth forecasts for Vietnam in 2024 after the release of Q3 GDP data, which showed a significant 7.4% increase, exceeding previous projections.

Business confidence among European enterprises increases
Business confidence among European enterprises increases

The Business Confidence Index (BCI) report for Q3 2024, recently published by the European Chamber of Commerce in Vietnam (EuroCham), indicates positive signals in business sentiment, despite ongoing economic challenges stemming from the impacts of Typhoon Yagi and operational barriers for businesses in Vietnam.

Highlights of Vietnam's economy in the first nine months of 2024
Highlights of Vietnam's economy in the first nine months of 2024

In the first nine months of 2024, Vietnam's Gross Domestic Product (GDP) increased by 6.82% year-on-year, with a GDP growth rate of 7.4% in the third quarter. The socio-economic situation in the third quarter and the first nine months of the year continues to show positive trends, with various sectors gaining significant achievements, laying a foundation for further growth in the remainder of the year.

Vietnam posts 6.8% GDP growth in the first 9 months
Vietnam posts 6.8% GDP growth in the first 9 months

The GDP in the first 9 months of 2024 expanded by 6.82% compared to the same period in 2023. The GDP, based on 2010 constant prices, reached 4,472.22 trillion VND (around 180 billion USD).

Vietnam – China comprehensive strategic cooperative partnership
Vietnam – China comprehensive strategic cooperative partnership

Vietnam and China are neighboring countries with many similarities in culture, political systems, and development paths. Recently, with the joint efforts of both sides, the relationship between the two parties and the two countries has maintained a very positive momentum of development, achieving significant accomplishments in all areas.

Hanoi’s economy: Significant changes after 70 years of liberation
Hanoi’s economy: Significant changes after 70 years of liberation

Once a war-torn city, Hanoi has transformed into a hub of dynamic growth and development. The capital's economy consistently achieves strong growth rates, contributing 16% to the national GDP and 19% to the overall state budget.

First 9 months: Registered FDI into Vietnam up by 11.6%
First 9 months: Registered FDI into Vietnam up by 11.6%

As of September 30, the total registered capital from new licenses, adjustments, and capital contributions for share purchases by foreign investors reached over 24.78 billion USD, up 11.6% compared to the same period in 2023.

Vietnamese passion fruits enter Australian market
Vietnamese passion fruits enter Australian market

A ceremony was held recently to announce the export of Vietnamese passion fruits to Australia, and the import of Australian plums into Vietnam. The announcement, stated by the Ministry of Agriculture and Rural Development and the Australian Embassy, has made passion fruits become the fifth kind of Vietnamese fruits to be officially exported to Australia.

First 8 months: Total import-export turnover up 16.7%
First 8 months: Total import-export turnover up 16.7%

Vietnam’s total trade turnover reached 511.11 billion USD in the first eight months of 2024, marking a 16.7% increase compared to the same period last year.

Vietnam's economy projected to grow 6.1% this year: WB
Vietnam's economy projected to grow 6.1% this year: WB

Vietnam's economy is expected to grow by 6.1 percent in 2024 and 6.5 percent in both 2025 and 2026, up from 5 percent last year, according to the latest Taking Stock report from the bank.

Fresh coconuts to be officially exported to China
Fresh coconuts to be officially exported to China

Fresh coconuts to be officially exported to China