Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Viet Nam - China Trade Turnover May Touch US$140 Billion in First Ten Months

The two-way trade turnover between Viet Nam and China is estimated to reach US$140 billion in the first 10 months of 2023, according to the Ministry of Industry and Trade.

Thu, Nov 09, 2023, 15:06:00

Viet Nam is Fastest-Growing Digital Economy in Southeast Asia

Viet Nam's digital economy is expected to grow 20 percent a year in the 2023-2025 period and is on track to reach around US$45 billion by 2025, the fastest pace in Southeast Asia along with the Philippines, an annual industry report showed.

Thu, Nov 09, 2023, 15:06:00

New Prospects for Vietnam-Saudi Arabia Tourism Cooperation

Prime Minister Pham Minh Chinh’s visit to Saudi Arabia on October 19, 2023 has opened up many opportunities for strong cooperation between the two countries in the tourism industry. The two countries have significant potential for development and cooperation in this field, especially after the historic meeting between the Ministry of Culture, Sports and Tourism of Vietnam and the Ministry of Tourism of Saudi Arabia.

Thu, Nov 09, 2023, 15:06:00

US firms push ahead with investment plans in Vietnam

Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.

Thu, Nov 09, 2023, 15:06:00

Textile stocks face uncertain future as recovery hinges on export market and inventory management

Analysts suggest that Việt Nam's exports have reached their lowest point, and there are indications of recovery in the fourth quarter, aided by the depletion of US retailers' inventories. The recovery is also attributed to the growing trend of multinational companies shifting their production from China to Việt Nam.

Thu, Nov 09, 2023, 15:06:00

Data of Singapore luxury resort customters hacked

The Singaporean intergrated resort operator Marina Bay Sands (MBS) announced on November 7 that a recent cyberattack has affected personal data of 650,000 members of its Sands LifeStyle rewards programme.

Wed, Nov 08, 2023, 15:31:00

Low vaccination rates and dog smuggling aiding transmission in Vietnam

Vietnam’s national rabies control efforts have been proving to be incrementally effective, yet some risks still persist due to free-roaming animals, some lack of awareness, the dog meat trade, and a low proportion of vaccinated pets.

Wed, Nov 08, 2023, 15:31:00