Thông tấn xã Việt Nam

Tag: ECONOMY


Registered FDI in Vietnam tops 6.17 billion USD in Q1

As of March 20, total newly-registered, additional, and contributed capital and share purchases of foreign investors stood at more than 6.17 billion USD in 2024, a year-on-year increase of 13.4%.

Vietnam's economy in first two months of 2024

In the first two months of 2024, economic indicators paint a dynamic picture for Vietnam with the Consumer Price Index (CPI) surging by an average of 3.67%, core inflation increasing by 2.84% and total registered foreign investment reaching nearly 4.29 billion USD.

Int’l organisations upbeat about Vietnam’s 2024 GDP growth

The Asian Development Bank (ADB), Bloomberg, and HSBC have all forecast that Vietnam’s GDP growth could reach 6 percent in 2024. Standard Chartered Bank, meanwhile, has forecast 6.7 percent, surpassing Vietnam’s own growth target of 6-6.5 percent.

Vietnam’s economic performance in January 2024

The consumer price index (CPI) increased 3.37% in the opening month of 2024, foreign direct investment 40.2%, international arrivals 73.6%, and the Index of Industrial Production (IIP) 18.3%.

E-commerce grows 25% in 2023

The size of Vietnam’s e-commerce market is estimated to have reached 20.5 billion USD in 2023, for growth of 25 percent compared to 2022. This demonstrates that e-commerce is increasingly asserting its position as a crucial component of Vietnam’s digital economy, driving economic development and leading digital transformation in businesses.

Rice exports soar to record 8.3 million tonnes

Vietnam’s rice production in 2023 stood at 43.5 million tonnes, an increase of 1.9%, adequately meeting domestic consumption, processing, animal feed production, and exports, which set a record of nearly 8.3 million tonnes.

Vietnam’s economic performance in 2023

Vietnam’s economy tended towards recovery in 2023, with macroeconomic stability maintained, inflation controlled, major balances ensured, and significant achievements made across various sectors, with set targets met. The country continues to be a bright spot in the regional and global economies.

FDI up over 32% in 2023

Total newly-registered foreign investment capital, adjusted and contributed capital to buy shares and buy contributed capital of foreign investors totalled 36.6 billion USD as of December 20, 2023, an increase of 32.1% compared to 2022.

Vietnam’s economy remains a bright spot in 2023

The trend towards economic recovery continued in Vietnam, with each successive month revealing further improvements over the previous month and each subsequent quarter surpassing the prior quarter. The country essentially achieved its overall goals and posted significant results in various sectors. It remained a bright spot amid a rather challenging global economic landscape.

Newly-established enterprises at record high in 2023

Business registrations continued to be a bright spot within the overall landscape of Vietnam’s economy in 2023, with nearly 160,000 new enterprises being established, an increase of 7.2% compared to 2022.

Average CPI up 3.25% in 2023

Vietnam’s average consumer price index (CPI) rose 3.25% year-on-year in 2023 - within the target set by the National Assembly.

Vietnam’s economic performance in first 11 months of 2023

In the first 11 months of this year, Vietnam’s average consumer price index (CPI) increased 3.22 percent, foreign direct investment rose 14.8 percent, a trade surplus of 24.44 billion USD was posted, and international visitors increased 3.8-fold compared to the same period of 2022.

Vietnam posts trade surplus of over 24.6 billion USD

Vietnam’s trade surplus hit a record 24.61 billion USD in the first 10 months of this year, 2.6-fold higher than the surplus of 9.56 billion USD posted in the same period of 2022.

First batch of bird’s nest products exported to China

China’s official permission for bird’s nest products from Vietnam to be exported to the country will create significant opportunities for the local bird’s nest farming industry and the production and processing of bird’s nests in Vietnam.

Vietnam post-COVID-19: Macro-economy stable, major balances guaranteed

Vietnam’s economy has steadily regained its growth momentum following the COVID-19 pandemic. Its growth rate, though short of expectations, remains at the top among developing and emerging countries, with GDP in 2023 estimated at some 435 billion USD.

Vietnam’s economic performance in the first 10 months of 2023

In the first 10 months of this year, Vietnam’s average consumer price index (CPI) increased 3.2 percent, foreign direct investment rose 14.7 percent, a trade surplus of 24.61 billion USD was recorded, and international visitors increased 4.2-fold compared to the same period of 2022.