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 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.

The Animal and Plant Quarantine Agency (APQA) of the Republic of Korea officially published the import regulations for fresh pomelo from Vietnam on its website on 30 July 2024.

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.

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.

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 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%.

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

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%.

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.

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%.

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 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.

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.

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

Vietnam continued its streak of trade surpluses in 2023, making it eight consecutive years, with an estimated 26 billion USD, or nearly triple the figure in 2022 and a new record.