Business recovery, economic growth

Vietnam’s economy has recovered and grown strongly in 2024, gradually regaining the growth momentum seen before the COVID-19 pandemic, with many positive signs, especially in exports and foreign direct investment (FDI) attraction, according to statistics from the Vietnam Chamber of Commerce and Industry (VCCI).

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Official Operation Announcement of Urban Railway Line No. 1

The Ho Chi Minh City Urban Railway Management Board officially launched Urban Railway Line No. 1, Ben Thanh – Suoi Tien route (Metro Line No. 1), marking a significant milestone in the city’s public transportation system. Following the ceremony at Ben Thanh Central Station, commuters experienced riding the first urban railway line of Ho Chi Minh City (the City), with complimentary rides offered for the first 30 days to encourage adoption and familiarity with the new mode of transportation.

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Tien Tien Garment JSC: Affirming Position as Leading Exporter

In the context of Vietnam's garment export industry facing many major challenges, Tien Tien Garment Joint Stock Company has affirmed its position as one of the leading enterprises in this field.

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Dual transition – a pillar of Vietnam’s economic growth

“Dual transition – digital transformation and green transition” has become a strategic growth trend in many countries, which helps them moving towards both sustainability and digital targets, making the most of the benefits from this dual transition.

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A vibrant period on horizon for mergers and acquisitions

Real estate deals continue to be made at the end of the year, with the signs looking promising for a vibrant 2025 and 2026.

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Aquatic exports hit 10 billion USD

Vietnam's aquatic exports reached 10 billion USD in 2024, driven by shrimp and pangasius, despite challenges related to markets, logistics, and raw materials, the Vietnam Association of Seafood Exporters and Producers (VASEP) said on December 23.

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Budget smartphone sales hit two-year high on 2G shutdown

Budget smartphone segment, priced under 5 million VND (200 USD), accounted for about 51% of the total industry revenue in the third quarter of 2024, marking the highest share since the first quarter of 2022, according to Vietnam Handset Market Tracker.

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Phu Quoc welcomes a new era with the arrival of the world's most prestigious resort brands

Phu Quoc is asserting its position as a high-class destination by with the arrival of numerous famous resort brands, paving the way for it to become one of the world's most luxurious islands.

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Clear Legal Framework Needed to Unlock Digital Asset Potential

The past decade has seen remarkable advancements in technology worldwide, particularly in digital assets such as blockchain, cryptocurrencies, asset tokenization and decentralized finance (DeFi). Once unfamiliar, digital assets have now become integral to the global financial system. Leading nations in this field not only to drive innovation but also establish a strategic edge in the global economy.

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Vietnam's Coconut Industry: Great Opportunity to Affirm Global Position

CocoNext 2024, themed “Empowering Vietnamese Coconut Value Chain,” officially opened as part of the annual CocoNext International Coconut Conference, initiated by Betrimex and co-hosted with the Vietnam Coconut Association. The event featured innovative ideas and offered experiences through Betrimex’s creative exhibition spaces.

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PM Pham Minh Chinh signed dispatch to promote economic growth of at least 8% in 2025

PM Pham Minh Chinh signed dispatch to concert efforts for economic growth of at least 8% in 2025: Vietnam's gross domestic product (GDP) growth rate is projected to reach at least 8% (Illustrative image. (Photo: VNA)

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Slower mobilization than credit may put pressure on interest rates

According to the latest data from the State Bank of Vietnam (SBV), deposits in the banking system as of the end of September 2024 reached more than 14 million billion VND, an increase of 4.9% compared to the beginning of the year, but the rate was still slower than credit, which could put pressure on interest rates.

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UK a niche market for Vietnamese speciality coffee

The DakLak September 2nd Import-Export Company Limited (Simexco DakLak) said the UK is a strategic market for its speciality coffee products.

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2024 economic growth propels Vietnam into its “Rising Era”

In 2024, Vietnam’s gross domestic product (GDP) growth is expected to exceed seven percent, significantly higher than the target set by the National Assembly at the beginning of the year. The 2024 GDP growth result is considered an important foundation for Vietnam to enter its “Rising Era.”

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Viet Nam-most active country in Asia in promoting dual transition: HSBC

Viet Nam has emerged as the most active country in Asia as well as in the world, which also keeps up with dual transition trend, taking digital transformation and green transition as its important growth drivers.

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PM inspects, attends groundbreaking ceremony of infrastructure projects in Lao Cai

Prime Minister Pham Minh Chinh inspected the construction site of the Lao Cai - Hanoi - Hai Phong railway project and attended the groundbreaking ceremony of a social housing project in Lao Cai city in the northern mountainous province of the same name on December 22.

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OCOP and agricultural products promotion week underway in Hanoi suburb

The event is part of the "Vietnamese Prefer to Use Vietnamese Goods" campaign.

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Significant milestone: HCM City’s first metro line launches after years of delay

Ho Chi Minh City marked a significant milestone in its long-awaited mass transit development on December 22, with the official launch of its first metro line after years of delay.

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