Thông tấn xã Việt Nam
Business-Integration
Tea exports grow 30% in H1
Tea exports grow 30% in H1

According to the Vietnam Tea Association, Vietnam currently ranks 5th in the world in tea export and 7th in global tea production.

Pepper export turnover up 30.3% in H1
Pepper export turnover up 30.3% in H1

Vietnam’s export value of pepper reached nearly 630 million USD in the first six months of 2024, an increase of over 30% compared to the same period in 2023.

Import-export turnover hits 368.53 billion USD in H1
Import-export turnover hits 368.53 billion USD in H1

Vietnam’s total export-import turnover hit 368.53 billion USD in the first half of this year, up 15.7% year-on-year. Exports increased by 14.5% and imports by 17%. The trade balance showed a surplus of 11.63 billion USD.

Q2 average income sees considerable increase
Q2 average income sees considerable increase

The average monthly income of laborers nationwide was 7.5 million VND (295 USD) in the second quarter of 2024, an increase of 19.6 USD compared to the same period last year. The growth rate of average monthly income reached 7%, 1.3 times higher than in the second quarter of 2023.

HCM City, Hanoi among Savills list of 15 fastest-developing cities
HCM City, Hanoi among Savills list of 15 fastest-developing cities

Ho Chi Minh City and Hanoi have been included in the list of the 15 fastest-developing cities in the world until 2033, which was recently released by commercial real estate brokerage firm Savills.

GDP growth reaches 6.42% in first half
GDP growth reaches 6.42% in first half

Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period.

Rice exports up 32% in H1
Rice exports up 32% in H1

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning 2.98 billion USD. This represents an increase of 10.4% in volume and 32% in value compared to the same period last year.

FDI inflow into Vietnam reaches nearly 15.2 billion USD
FDI inflow into Vietnam reaches nearly 15.2 billion USD

Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1%, according to the General Statistics Office.

Seven items post export value of over 7 billion USD in H1
Seven items post export value of over 7 billion USD in H1

In the first half of this year, Vietnam saw 7 export items posting a turnover of more than 7 billion USD, accounting for 65.6% of the country’s total export value.

Vietnam’s ratings affirmed at “BB+” with stable outlook
Vietnam’s ratings affirmed at “BB+” with stable outlook

The US’s S&P Global Ratings affirmed its 'BB+' long-term and 'B' short-term sovereign credit ratings on Vietnam, with a “stable” outlook on the long-term rating, the website disclosure.spglobal.com reported on June 20.

Vietnam's economy sees positive growth in H1
Vietnam's economy sees positive growth in H1

Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, according to the General Statistics Office.

Vietnam-RoK trade relations thriving
Vietnam-RoK trade relations thriving

In 2022, Vietnam surpassed Japan to become the third largest trading partner of the Republic of Korea (RoK), and maintained this position in 2023.

Vietnam’six export markets of billion-USD growth
Vietnam’six export markets of billion-USD growth

By the end of May, Vietnam's major export markets maintained impressive growth, with six markets increasing by 1 billion USD or more compared to the first five months of 2023, according to the General Department of Vietnam Customs.

Vietnam – China two-way trade
Vietnam – China two-way trade

Economic, trade, and investment cooperation between Vietnam and China has continuously deepened and become a highlight in their bilateral relations in recent times. China is Vietnam’s largest trading partner and its second-largest export market. Meanwhile, Vietnam is China's largest trading partner within the Association of Southeast Asian Nations (ASEAN) and its fifth-largest trading partner globally, following the US, Japan, Republic of Korea and Russia.

Bac Giang successfully exports lychee to demanding markets
Bac Giang successfully exports lychee to demanding markets

According to the Department of Industry and Trade of Bac Giang province, approximately 67,000 tonnes of lychee have been sold so far, representing about 67% of the province's total output. Bac Giang "thieu" lychee has found its way into many domestic and international markets, notably penetrating several demanding ones.

FDI hit over 11.07 billion US in January-May
FDI hit over 11.07 billion US in January-May

As of May 20, 2024, foreign direct investment (FDI) into Vietnam during the first five months of the year reached over 11.07 billion USD, up nearly 2% year-on-year, according to the Ministry of Planning and Investment.