Thông tấn xã Việt Nam


30 cities and provinces with the best economic governance announced

The 2023 report on Vietnam’s Provincial Competitiveness Index and Provincial Green Index (PCI/PGI), compiled by USAID and the Vietnam Chamber of Commerce and Industry (VCCI), was released recently, announcing the 30 cities and provinces with the best economic governance.

Registered FDI reaches 9.27 billion USD after four months of 2024

As of April 20, total registered foreign investment in Vietnam had reached 9.27 billion USD, an increase of 4.4% compared to the same period of 2023.

Vietnam’s economic performance in the first 4 months

Vietnam’s total registered foreign investment reached nearly 9.27 billion USD in the first four months of the year, up 4.5% compared to the same period last year. The total import-export turnover of goods reached 238.88 billion USD, up 15.2%.

Export value of six key industrial crops to reach 14-16 bln USD by 2030

Vietnam aims to post export turnover of 14-16 billion USD from six key industrial crops by 2030.

Rice exports up 40% in Q1

According to the Ministry of Agriculture and Rural Development, Vietnam exported 2.07 million tonnes of rice in the first quarter of 2024, earning 1.37 billion USD in revenue. This represents a 12% increase in volume and 40% in value compared to the same period of 2022.

Four commodities post Q1 export value of over 5 billion USD

The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.

Total export-import turnover hits 178.04 billion USD in Q1

Vietnam’s total export-import turnover hit 178.04 billion USD in the first quarter of this year, up 15.5% year-on-year. Exports increased by 17% and imports by 13.9%.

Rice exports up nearly 50% in January-February

The Ministry of Agriculture and Rural Development has reported that Vietnam’s rice exports hit 708 million USD in the first two months of 2024, an increase of nearly 50% compared to the same period last year. The figures promise a positive outlook for rice exports during 2024 as a whole, especially those to major markets.

Shrimp exports expected to grow slightly in 2024

Vietnam’s shrimp exports are expected to recover this year and slightly increase by between 10 and 15%. Export turnover is believed to reach 4-4.3 billion USD.

Coffee exports set to account for 80-85% of total production by 2030

The Ministry of Agriculture and Rural Development has set a target of Vietnam’s total coffee plantation area reaching 640,000 - 660,000 hectares by 2030, with exports expected to account for 80-85% of the country’s total production.

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 the world’s second-largest shoe exporter

Vietnam ranked second in the world, just after China, in footwear exports, with 1.5 billion pairs shipped overseas and a presence in 150 markets in 2022. Footwear exports last year brought in over 20.2 billion USD, marking the 26th consecutive year, since 1998, that footwear exports have been in the billion-dollar category.

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%.

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.

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.