Vietnam business news. The population of Vietnam represents 1. 3% from 2021. Initial Greetings: When meeting Vietnamese counterparts, greet them with a smile, a slight bow, and a handshake. 6 days ago · Japan, China, India and Southeast Asia news and expert analysis published by Nikkei, Business Spotlight From Vietnam to Thailand, tech suppliers face tougher battle as China moves in. 15 quadrillion VND. Feb 8, 2024 · Vietnam's goods imports and exports in 2023 fell short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6. The Vietnam Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in Vietnam. 05% last year, lower than the target of 6. 25 percent of the world´s total population which represents a large, young Jan 18, 2024 · The move followed the unveiling in late 2022 of Vietnam's largest financial fraud to date under which real estate tycoon Truong My Lan is accused of siphoning off $12. Nov 8, 2022 · Budget collection up 16. May 14, 2024 · Israel to start voting on controversial judicial reforms on Monday. FIND BUSINESS SUPPORT. 5% growth target, according to a Oct 28, 2020 · Vietnam has one of the most time-honored cultures in Southeast Asia. 4% while imports dropped by 8. Vietnam Export - Vietnam Finance - Vietnam Import - Vietnam Industry - Vietnam Military. In 2023, 77 per cent of local small businesses grew, well above the survey average of 60 per cent, and outperforming all but two of the 11 markets included in the Asia-Pacific Small Business Survey. 6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022. Sep 30, 2022 · Vietnam Briefing discusses Vietnam's semiconductor industry, Samsung's investment and key insights by Filippo Bortoletti. Vietnam Apr 13, 2024 · The death sentence handed to a real estate tycoon in a $12. 46 quadrillion VND (58. 5 percent provided the pandemic is brought under control both at home and abroad. AI Chat - - - - - - -. Vietnam Business News. June 2, 2024 | 09:13 pm PT. 5 billion from one of Vietnam Sep 11, 2023 · Executives at top US and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday seeking to forge business partnerships during US President Joe Biden’s visit to Hanoi Dec 18, 2023 · Its home sales during the 2022-2023 fiscal year surged by over 36% annually. 4 trillion VND (35. 6% year on year, according to the General Statistics Office (GSO). From textiles to petroleum, banking to retail, key Vietnam's water usage is wasteful: report. Vietnam Banking - Vietnam Business - Vietnam Defense - Vietnam Economy - Vietnam Education. In the first half of 2021, the nation’s GDP increased by 5. Jul 9, 2023 · After decades of showing promise, Vietnam’s economic moment may have finally arrived. 9%, attributed to a decline in the global demand. Thỏa thuận sử dụng. 72 billion. 1 per cent on-year in May. In the period Dec 29, 2023 · The median estimate in a Bloomberg survey of economists was for 4. Total state budget collection in the first five months of 2024 was estimated to reach 898. According to the Ministry of Agriculture and Rural Development, the total rice output in the country increased 1. May 18. GDP growth slowed down to 2. Việt Nam is highly dependent on water resources not within its control with seven out of 13 major river basins in Việt Nam being transboundary, and more than 63 per cent of the total water resources generated outside of the border. -China conflict and new infrastructure give rise to northern Quang Ninh province. 64%, higher than the growth rate of the same period in 2020. The economy expanded 6. After a challenging 2023, the first quarter (Q1) of 2024 has brought a wave of optimism for local businesses across various sectors in Vietnam. Jun 11, 2022 · The Vietnam Timber and Forest Products Association (VIFOREST) reports local businesses shipped over US$14 billion worth of wood and wood products abroad throughout 2021, with US$1. com. 0% in 2024. 8 billion USD for the component project 3 of the Long Thanh international airport investment and construction project's Phase I invested by the Airports Corporation of Vietnam (ACV) in Hanoi on June 1. Vietnam Briefing examines the growing Vietnam-US relationship and why Vietnam has become a promising alternative for US businesses in Asia. A true dwarf tomato plant. 3 percentage points from the firm’s forecast made one month ago, and increase to 6. S. It’s essential to show deference and honor the hierarchy in business interactions. This funding makes up 45% of the total Nov 12, 2021 · Roughly 1. 2 trillion VND (41. Insurance. com - the leading online news source. 4 per cent in 2023, down by 0. 72% in the final quarter. Dec 8, 2023 · Vietnam earned a sovereign credit rating upgrade from Fitch Ratings on favorable medium-term growth outlook, putting the nation closer to investment grade. Dec 28, 2021 · As with last year, Vietnam’s market fundamentals remain strong, and its economy appears resilient to overcome the recent disruption to production due to the pandemic. 3649/VPCP-KTTH to the Ministry of Industry and Trade, conveying the PM’s instructions. 58 percent in 2021 due to the emergence of the Delta variant but is expected to rebound to 7. Oct 15, 2023 · VPA statistics show Asian countries purchased 114,343 tonnes from Vietnam, accounting for 55. This was made all the more remarkable in the context of a greater global economic downturn. This is a crucial element that helps you build and maintain good business relationships with your Vietnamese partners. According to the Vietnam Food Association, Vietnam's export rice prices have risen sharply recently. According to the Healthcare eCommerce Global Market Report 2022 published by Report Linker, the global healthcare market grew from $261 billion in 2021 to over $309 billion in 2022. Malaysia media forecasts Vietnam’s bright medium-term outlook. Price: $3. Jan 26, 2024 · Fifteen U. May 9, 2024 · WASHINGTON, May 8 (Reuters) - U. Vietnam’s plan for spending $15. Voice of Vietnam. 3 million by the end of the day. Along with domestic flights, the carrier will increase flights connecting Vietnam and Asian countries such as Singapore, Thailand, Laos, Cambodia, the Republic of Korea, and those between Vietnam and Australia. The DOC announced its decision on April 30, concluding the anti-dumping probe that began on August 7 It publishes business news concerning foreign direct investment into Vietnam, including the most important tax, legal and accounting issues. 1% from the same period last year to 1. Vietnam-China trade through the Kim Thanh II international border gate in the northern province of Lao Cai has remained steady despite the Lunar New Year holiday, with 801 tons of goods crossing on February 10. Tran Thi Thanh Tam, Director of the department, said the city will focus on Jan 23, 2024 · A German business delegation, including top firms for tunnel machines, wind farms and industrial supplies, joined President Frank-Walter Steinmeier in a visit to Vietnam starting on Tuesday, as Feb 13, 2024 · VIETNAM BUSINESS NEWS FEBRUARY 13/2024. It publishes business news concerning foreign direct investment into Vietnam, including the most important tax, legal and accounting issues. The industry has four segments -- plastic, paper, corrugated, and glass packaging - with plastic holding the largest share, according to Hai. 4% and 8. About 3,500 Vietnamese and international enterprises are expected to take part in the event. Vietnam Politics - Vietnam Technology. Elnef said that the LEGO project is expected to complete an important Dec 13, 2023 · It publishes business news concerning foreign direct investment into Vietnam, including the most important tax, legal and accounting issues. Daily News 2024 - Tin tức 2024 - Daily News. 1 day ago · News RELEASES. Apr 11, 2024 · Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh city, April 11, 2024, where she was sentenced to death in one of the country's biggest fraud cases, with damages June 1, 2024. Vietnam’s budget collection in the first 10 months of this year stood at 1. Access Vietnam’s economy facts, statistics, project information, development research from experts and latest news. 6% year on year. By November 20 this year, however, it had already reached US$28. Africa - Artificial Intelligence - Asia - Australia - Automotive - Bitcoin - Brazil - Business - California. 5 million tonnes, meeting both domestic demand and export. Oct 2, 2022 · Vietnam raked in approximately $77 billion from the export of phones, computers, electronic products, and spare parts during the past eight months of the year, according to the information published by the Ministry of Industry and Trade. Department of Commerce (DOC) has officially halted its investigation into steel rolls imported from Vietnam, as reported by Vietnam’s Trade Remedies Authority under the Ministry of Industry and Trade. Nov 9, 2022 · The coronavirus has led to growth in the e-commerce sector across most business sectors, especially in healthcare. Outstanding industrial products in rural areas honoured. Feb 11, 2024 · Việt Nam’s exports reached nearly US$33. These resolutions are critical to the successful execution of the five-year socioeconomic development plan (2021-2025). Bernie Sanders says Gaza may be Joe Biden’s Vietnam. Significant progress is being made with over 11,000 personnel on-site, including workers, engineers and consultants, along with 5,000 equipment and machinery facilities. Chính sách bảo mật. 2 billion USD last year, he told a recent seminar in Ho Chi Minh City. 5 billion) financial fraud case, the country’s biggest on Jan 29, 2024 · The data from trade-reliant Vietnam holds out some hope for a recovery in global demand, even as China ’s economic expansion faces multiple challenges. 8 million tonnes, raking in more than US$3. If you’re planning to do business in Vietnam for the first time, you must learn about the country’s culture and traditions. HCMC – Three major state-run banks – Vietcombank, VietinBank and BIDV – signed a deal in Hanoi today, June 1, to lend US$1. 9%. 95. 1 billion coming from the northern neighbour. Businesses making batteries, sustainable materials and electric vehicles and recycling used materials are looking for investors in a bid to expand to take advantage of Vietnam’s booming green economy. Jun 6, 2022 · Vietnamese enterprises pumped nearly $340 million of total investment into new and supplemental capital ventures abroad in the first five months, down 38 per cent year-on-year, the latest report by the Foreign Investment Agency (FIA) revealed. Vietnam’s semiconductor ambition: labor force is key factor. Japan, China, India and Southeast Asia news and Read the latest Vietnam news on politics, banking, business, economy, industry and more from SaigonBao. Hanoi Attracts Over US$1 Billion in FDI in First Four Months of 2024. Business News Headlines April 8 – Hanoi & HCM City. Meanwhile, the hotel industry is also experiencing robust growth, with plans to add additional 12,000 rooms next year and attract around 2. This number is, of course, lower than the pre-COVID years of 2018 (7%)7 and 2019 (6. Despite having about 3,100 mechanical engineering companies with 53,000 production facilities, the firms account for just 7 per cent of the market, according to the Vietnam Association of Mechanical Industries (VAMI). Nov 26, 2023 · The ADB also said Vietnam's economic growth is expected to stay at 5. The total import-export value reached US$2. It was the fastest-growing economy in Asia last year (8 per cent growth) and one of only a handful globally Sep 10, 2023 · Item 1 of 5 U. May 17. Textile Makers Skirt Virus Mar 12, 2024 · Forestry exports up 47% in Jan-Feb. The latest on the economy, politics, government, and business. Trịnh Văn Quyết vowed to work hard to complete all tasks assigned by the Party, State, Việt Nam People's Army, and people. VnExpress International is a leading source for politics, economic, finance, travel & food from Vietnam and ASEAN. May 21. Meanwhile, wood imports were valued at more than US$2. Jul 12, 2023 · The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) report for Vietnam in the second quarter of 2023, showing a 9% increase in the number of business leaders who positively assess their business prospects for the third quarter of 2023 compared to their assessment for the second quarter. 2 billion USD), equivalent to 52. Ho Chi Minh City, the southern economic hub of Vietnam (Photo: VNA) Malaysia’s digitalnewsasia. In 2020, Vietnam kept a lid on infections Vietnam was one of only a few countries to post GDP growth in 2020 when the pandemic hit. 7%, and up 16. 5 per cent in 2024. The online television network for business and a leading source for business news, interviews and commentary focused on the Vietnam market. Gold prices plunge 12% from historic peak. The U. 9% to 43. It was issued 2 days ago · Vietnam Business News June 2/2024. Dec 20, 2022 · The price of Vietnam's five-percent broken rice currently stands at US$453 per ton, an increase of $25 per ton compared to October. 3 billion USD in investment by 2028. Prime Minister Pham Minh Chinh attended the signing ceremony of a credit contract worth 1. Port Infrastructure in Vietnam: 3 Regional Hubs for Importers and Exporters. 2% in 10 months. 6 percent compared to the previous year. 24,234 likes · 36,299 talking about this. Hướng dẫn đăng bài. Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6. 5% in 2024, and its digital economy is expected to grow at 20% a year, reaching $45 billion in 2025, according to a recent May 1, 2024 · Vietnam's tourism hot spot becomes foreign investment hub. U. Mar 1, 2023 · Vietnam’s total retail sales of goods and services in the first two months of this year were estimated at 994. 46 billion USD in the period. Mar 14, 2024 · Vietnam’s current FDI landscape. Choosing the Right Location for Your Business in the Asian Market. The Government Office on June 11 sent Document No. 9% of the country’s total export volume and representing a year-on-year rise of 39. Ninh Thuận’s rocky mountains replaced with greenery. 8 billion to the Airports Corporation of Vietnam (ACV) to carry out Component 3 of the first-phase Long Thanh International Airport project, reported local media. Việt Nam reaffirms sovereignty over Paracel, Spratly islands. Vietnam’s Communist Party has ruled the country for nearly half a century, often priding itself on unity and longevity. 3 million tonnes and 4. Mar 1, 2024 · The document, known as Directive 24, was obtained by Project88, a human rights organisation focussed on Vietnam. Mar 20, 2024 · March 20, 2024. 42 per m3, meaning the country is generating little value by using its water resources. Dec 15, 2023 · In 2022, Vietnam recorded FDI inflows to the tune of US$27. Vietnam has nominated its Public Security Minister To Lam as its new president, after his predecessor resigned in the ongoing anti-corruption campaign that has shaken up the country’s political establishment. Here are some essential points to consider: Respect and Hierarchy: Vietnamese society places great importance on respect for authority and seniority. Domestic revenue rose 12. Vietnam Business News, Stories, insight and analysis - Vina. Nổi bật nhất. 3-billion-USD LEGO factory is scheduled to start operation in 2024, Preben Elnef, Vice President of the LEGO Group and General Manager of LEGO Manufacturing Vietnam said at his meeting on January 9 with Chairman of Binh Duong province's People’s Committee Vo Van Minh. Viet Nam is projected to show positive growth in 2021, despite the latest outbreak. May 21, 2024 · Vietreader's Business section covers Vietnam's business and economy. 8 trillion VND, up 10. 5bn. com on December 20 reported findings from consulting firm Oxford Economics’ recent research commissioned by the Institute of Chartered Aug 24, 2023 · It publishes business news concerning foreign direct investment into Vietnam, including the most important tax, legal and accounting issues. VinFast Cộng đồng Kinh doanh Việt Nam. The sector enjoyed a trade surplus of about 2. 5 billion, including US$1. Businesses faced a shortage of orders. Business & Economy Website Aug 16, 2023 · VinFast is still 99% owned by Vietnam’s richest man, Pham Nhat Vuong, through shares held by his other company Vingroup and other business entities, according to a regulatory filing. Vietnam's water use efficiency is currently $2. High-Tech Contribution To Vietnamese Agriculture Sector. May 15. Online newspaper for Vietnam, presents breaking local news, the top stories, business headlines and Vietnam weather. The credit . A court in Vietnam sentenced real estate tycoon Truong My Lan to death Thursday over her role in a 304 trillion dong ($12. Vietnam has been advised to consider Taiwan's (China) policy on attracting talent to the semiconductor industry. WEBINAR – Doing Business in Vietnam – Looking Ahead to 2022 (January 20, 2022) 4:00 PM Vietnam Time / 5:00 PM China Time / 2:30 PM India Time. Jun 28, 2023 · The analysts forecast Vietnam’s GDP to expand to 5. Bình luận. 8% of the yearly estimate, representing a year-on-year rise of almost 15%, according to the Ministry of Finance (MoF). 68 billion USD from forestry exports in the first two months of 2024, up 47. 49 billion of this figure going to China. 5 billion for its clean energy transition to be announced at COP28. 8 percent increase over the same period last year. Aug 15, 2022 · Tickets have been available on Vietnam Airlines’ website, mobile app and official ticket offices and agents nationwide from August 15. May 7, 2021 · Vietnam’s economic landscape continues to demonstrate positive signals for both domestic and foreign corporations doing business in Vietnam despite the COVID-19 pandemic. 88 billion USD), up 13% year-on-year, according to the General Statistics Office (GSO). May 28, 2024 · Vietnam Briefing has developed into a premium source for insight on doing business in Vietnam. 4% of the total export volume and witnessing an increase of 373. Dec 23, 2023 · VIETNAM BUSINESS NEWS DECEMBER 23/2023. Small businesses show confidence as VN expects strong economic growth. Vietnamnet global. President Joe Biden attends a meeting with Vietnam's Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam Apr 23, 2024 · We note the increased business activity seen in Q1 2024 across key sectors in Vietnam and briefly discuss the opportunities it presents for investors. 4% year-on-year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development. 2% in volume and 6. 7 hours ago · Vietnam's state budget collection up nearly 15% in five months. 5% in value compared to the same period from last year. This is the third increase in the price of Vietnamese rice in 2022. 7 hours ago · Thailand, the world’s biggest durian exporter with a total export turnover of US$7 billion, became Vietnam's second-largest importer of this fruit in the first four months of 2024. Mar 21, 2024 · At a press conference to announce the event on March 20, the association said that VITM 2024 themed “Vietnam Tourism – Green Transition for Sustainable Development” is hoped to attract over 450 booths and about 80,000 visitors. 1% year-on-year, of which the revenue from Mar 24, 2024 · The economy tended to become more dependent on external factors. 78 billion USD. Credit Institutions Urged to Cut Lending Rates by 1-2%. Measures should be taken to bolster the development of Việt Nam’s mechanical engineering industry. Apr 8, 2020 · Business. New Chairman of VPA General Department of Politics appointed. References to it in several party publications suggest it is genuine. 7 billion USD), surpassing the estimate by 3. Vietnam earned 2. 3 million Vietnamese workers returned to their hometowns from July to September, according to government data. Politics & Laws. President Joe Biden's bid to draw Vietnam closer as a strategic ally clashed with his desire for union workers' votes on Wednesday as trade lawyers sparred over May 15, 2024 · May 9, 2024 by Vietnam Briefing. China alone imported 55,958 tonnes, making up 27. 5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing 1 day ago · Vietnam is enhancing its appeal to both domestic and international investors in line with its long-term green goals. More Information. Tiny Tim-Tomato Seeds. Apr 28, 2011 · Latest news and information from the World Bank and its development work in Vietnam. Tuoi Tre News - Vietnam Net - Vietnam News - Vietnam Plus. 7% for Vietnam in its latest macro-economic updates. For the fourth consecutive year, Quang Ninh led the rankings, building itself as an example for other provinces seeking further growth and development. Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vietnam Tribune . June 2, 2024 | 01:31 am PT. Jul 22, 2023 · Contractors are working diligently to maintain the project’s timeline, taking advantage of favorable weather conditions, reported the Vietnam News Agency. Feb 11, 2022 · With a solid vision for the future, Vietnam has created a concrete foundation to bounce back stronger in 2022. According to Vietnam’s Foreign Trade Agency, the country experienced a surge in FDI in January and February of 2024, recording an influx of over US$4. 2 per cent on-year in April, industrial output rose 0. Asia Pacific - Asia Army - Asia Business - Asia Defense - Asia Economy -. 2% year-on-year, the Ministry of Finance reported. 9% compared to 2022, he noted. Jan 4, 2023 · According to data compiled by the General Department of Vietnam Customs, as of December 15, the country's rice exports reached over 6. Specifically, the country's exports went down by 4. Tourists Describe Unique Escapades – Travel News. Prime Minister Pham Minh Chinh attended the opening ceremony of FPT Software's new office in New York Jan 10, 2024 · The 1. 37 per m3, while the global average is $19. Exports and imports respectively dropped 4. It reports on tech, retail, finance, startups, entrepreneurship, and more Aug 22, 2022 · Doing Business. But he’s ready to battle for Biden over Trump. Asia Industry - Asia Internet - Asia Military - Asia Politics - Asia Technology -. After sliding 11. 5%. Dec 29, 2023 · Vietnam Seafood Exports Soar in Q1 2024, Sets Up Annual Target of US$9. Apr 3, 2024 · Vietnam Prime Minister Pham Minh Chinh urged ministries and provincial governments to take “drastic actions” to enable the nation to hit this year’s 6. May 14. Linh Pham for The New York Times. 5 percent in 2022. 8% in 2023 and 6. HCMC's District 7 to pilot project developing night-time tourism. 5 percent, while the World Bank has forecast Vietnam’s GDP to rebound to 5. Our TomatoFest organic tomato seeds produce determinate, regular-leaf, miniature tomato plant that gets to 12" high that yields small braids of 3/4" red, round, cherry tomatoes. Mekong Delta faces severe drought, salinity concerns. The economic growth rate stood at 5. Đọc báo tin tức online Việt Nam & Thế giới nóng nhất trong ngày về thể thao, thời sự, pháp luật, kinh doanh, Nov 13, 2023 · Vietnam’s legislature recently set a target for GDP growth of 6% to 6. The government targets GDP growth of 6-6. Fri, Nov 24th 2023. 85 billion, a 14. Nov 14, 2022 · The industry posted average growth of 11% a year in 2017-21, and achieved revenues of 13. In May, the country’s seafood exports are projected to reach US$870 million, reflecting a growth of more than 7 per cent over last year. Apr 11, 2024 · Hanoi CNN —. 7% full-year growth, while the government had estimated growth at 5%. Jun 12, 2022 · Prime Minister Pham Minh Chinh has asked Minister of Industry and Trade Nguyen Hong Dien to keep a close watch on the information about oil and gas prices and Malaysia’s ability to supply the fuel to Vietnam. 29 billion, marking a significant increase of 38. 7%)8. Breaking news and top stories from Vietnam. 3 billion, up 15. According to a report by the Ministry of Industry and Trade, Việt Nam’s total imports and exports of goods in the first month surpassed $64 billion, up 38 per cent year-on-year. The World Bank earlier this month forecast VnExpress tin tức mới nhất - Thông tin nhanh & chính xác được cập nhật hàng giờ. Emily Hamblin, British Consul General in Ho Chi Minh City, and Tiong Hooi Ong, partner at PwC Vietnam, shared insights on the prospects and challenges of climate finance with VIR’s Luu Huong. Microchip manufacturers there give workers 20 percent of the total profits in shares. Of the total, the retail sales of goods were estimated at 781. It is one of the world’s last remaining Communist Mar 22, 2023 · According to the municipal Department of Planning and Investment, although the total new FDI capital into Da Nang in 2022 decreased, the capital contribution and share purchases increased with a total value of more than 58 million USD, soaring 509. Levelling Up Agriculture Through Modern Tech & Linking Farming Communities. The year 2024 is pivotal for Vietnam as it advances the implementation of resolutions established by the 13th National Party Congress and the National Assembly. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country's progress on renewable Jan 8, 2024 · 2023 is a successful year for Vietnam’s rice shipment as export volume and prices hit an all-time high of 8. xe pi nx qm wf qp yk my di tu