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Tag: VIETNAMPLUS


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.

Son Doong Cave named among world’s 10 best

Son Doong Cave in the central province of Quang Binh has been ranked sixth among the 10 most beautiful caves in the world by British travel magazine Time Out. With 38.5 million cubic metres of space, the 9-kilometre-long cave is the world’s largest natural cave.

Coconut output to top 2 million tonnes by 2030

Coconuts have been designated one of the six primary national industrial crops by the Ministry of Agriculture and Rural Development. It is projected that the country’s coconut cultivation area will expand to 195,000-210,000 hectares by 2030, resulting in a substantial harvest of over 2 million tonnes.

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%.

Vietnam’s economic performance in Q1, 2024

Figures from the General Statistics Office show that Vietnam’s economy is experiencing a strong recovery during the first quarter of 2024. GDP growth is higher than in the first quarter in the 2020-2023 period, while tourism is booming and an impressive trade surplus has been posted.

Vietnam - China comprehensive strategic cooperative partnership

Chairman of the National Assembly Vuong Dinh Hue will lead a high-ranking delegation to pay an official visit to China from April 7-12 at the invitation of Chairman of the Standing Committee of the National People's Congress (NPC) of China Zhao Leji.

GDP grows 5.66% in Q1

Vietnam's gross domestic product (GDP) expanded by 5.66% in the first quarter of this year, the highest for the three-month period since 2020, according to the General Statistics Office (GSO).

Hoi An emerges as most affordable long-haul destination

In a recent study conducted by the British financial company Post Office, the enchanting ancient town of Hoi An in the central province of Quang Nam has been recognised as the world’s most budget-friendly long-haul destination for British travellers.

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%.

MoIT launches nationwide electricity saving campaign

A host of activities in response to the national programme on energy efficiency for the 2019-2030 period have been organised during March by the Ministry of Industry and Trade (MoIT).

Acting President of the Socialist Republic of Vietnam Vo Thi Anh Xuan

Mme. Vo Thi Anh Xuan, Vice State President, assumes the position of Acting President of the Socialist Republic of Vietnam from March 21, 2024, until the National Assembly elects a new President, an announcement of the National Assembly (NA)’s Standing Committee read.

Urbanisation to reach minimum of 45% by 2025

Under Decision No 179/QD-TTg, dated February 16, 2024, approving the Construction Industry Development Strategy until 2030 with orientations to 2045, the urbanisation rate is to reach a minimum of 45% by 2025.

Record trade surplus since 2009 in first two months

Vietnam’s exports stood at 59.34 billion USD in the first two months of this year, while imports totalled 54.62 billion USD. The trade surplus was therefore 4.72 billion USD, the highest since 2009.

Vietnam successfully curbed many dangerous diseases

Vietnam has successfully curbed many dangerous diseases such as smallpox, polio, plague, SARS, and COVID-19, and is one of only a few countries with a complete and broadly-organised healthcare network accessible to hamlets and villages.

PMI exceeds 50, Vietnam’s manufacturing demonstrating ongoing improvements

Vietnam’s Purchasing Managers’ Index (PMI) hit 50.4 points in February, up slightly compared to the 50.3 points recorded in January and above the 50-point threshold for the second month in succession.

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.