HCMC reaches $20B in budget revenue
Ho Chi Minh City is poised to reach VND502 trillion (US$19.76 billion) in budget revenue this year, contributing 27% of the nation’s total.
Vietnam a key US partner : Secretary of State Blinken
As Vietnam plays an increasingly important standing in the Southeast Asian region, it continues to solidify its role as an important U.S. partner, Secretary of State Antony Blinken told the 2024 U.S.-Vietnam Business Summit in Hanoi on Wednesday.
Vietnam PM urges US to lift some high-tech export restrictions
Vietnam’s Prime Minister Pham Minh Chinh on Wednesday urged the United States to lift export restrictions on some technology and said the country wanted to develop satellite communications.
Vietnam signs economic partnership agreement with United Arab Emirates
The agreement, Vietnam’s first free trade deal with a Middle Eastern nation, comes after a busy couple of years in the country’s foreign relations.
Vietnam’s pet industry sees double-digit growth in 2023
The pet industry in Vietnam reported a 35 percent year-on-year rise in 2023 as dogs and cats have been increasingly valued, heard the Super Pet Fest held in Ho Chi Minh City on Saturday.
Cambodia’s trilateral deal pullout strains its relations with Vietnam
The Cambodia-Laos-Vietnam tripartite split signals an assertive Cambodia and the onset of a precipitous deterioration in its ties with Vietnam.
What is behind Vietnam’s economic success story ?
The World Bank has forecast that Vietnam will show the strongest growth of the emerging economies in Southeast Asia.
Vietnam, China sign 10 deals in bid to boost ties
Vietnam and China have signed 10 agreements ranging from agriculture co-operation to cross-border QR code payments during Chinese Premier Li Qiang’s three-day visit to Hanoi as the two neighbours seek to boost ties.
The United States must axe Vietnam’s ‘non-market economy’ status
On 2 August 2024, following an almost year-long review, the United States decided to retain Vietnam’s classification as a ‘non-market economy’. While framed as a procedural decision based on economic criteria, this move overlooks the broader strategic imperative and is…
Vietnam sees tougher final quarter after GDP growth surprise
Vietnam’s economic growth unexpectedly accelerated last quarter, buoyed by manufacturing and exports before a super typhoon in September caused widespread damage and prompted warnings of a challenging end to the year.
Vietnam sustaining growth amidst shifting FDI trends
Trade ties between the US and emerging market economies in the Asia-Pacific region are shifting from efforts to diversify supply chains out of China through “friendshoring” or “nearshoring”. Against this backdrop, Vietnam is among the Asia-Pacific markets relatively well-placed to…
How much of Vietnam’s policy reform is driven by FTAs ?
Over three decades, Vietnam’s economy has transitioned successfully from a centrally planned agrarian economy to a dynamic manufacturing and services hub, due largely to the doi moi reforms initiated in 1986 and the country’s pursuit of free trade agreements (FTAs).…
Fmovies, world’s largest film piracy syndicate based in Hanoi, shut down
Hanoi police, in collaboration with a global entertainment coalition, have dismantled Fmovies, one of the world’s largest film piracy networks.
Why the US could regret not Lifting Vietnam’s ‘Non-Market Economy’ status
Hanoi hoped that its reclassification would help cement the two nation’s new Comprehensive Strategic Partnership.
US rejects Vietnam’s bid for ‘market economy’ status in blow to trade ties
Classification would have boosted exports and reduced tariffs on goods from country that is rising supply chain alternative to China.
Fear not ? The economic impact of Vietnam’s political churn
Political stability is supposed to be one of Vietnam’s selling points, but its politics remain opaque and everything tends to come as a surprise.
What’s at stake in the US decision to grant Vietnam ‘Market Economy’ status?
What’s at Stake in the US Decision to Grant Vietnam ‘Market Economy’ Status?
Political upheaval in Vietnam is holding its economy back
Officials have become extremely cautious about signing off on public investment decisions – and foreign investors are taking note.
Vietnam fulfills half of 2024 foreign tourist goal
Vietnam welcomed 8.8 million foreign tourist arrivals in the first half of 2024, reaching nearly half of its inbound tourism target of 18 million this year, according to the General Statistics Office (GSO).
Vietnam economy expands 6.4 pct in first half of year
Vietnam’s economy grew by more than six percent in the first half of 2024, government figures have shown, as analysts said more reforms are needed to further boost the economy.
PM proposes Vietnam-China’s upgrade of border gate infrastructure
Prime Minister Pham Minh Chinh proposed Vietnam and China continue cooperating to improve customs clearance efficiency, upgrade border gate infrastructure, and study smart border gates, while holding talks with Chinese Premier Li Qiang in Dalian city, China’s Liaoning province on…
Russia’s Putin praises Vietnam for its stance on Ukraine
Russia’s President Vladimir Putin praised Vietnam for its « balanced » stance on the Ukraine war and listed progress on payments, energy and trade in an opinion piece published on Wednesday in the newspaper of Vietnam’s Communist Party.
President Putin’s state visit to strengthen Việt Nam – Russia ties
During the visit, senior leaders of Việt Nam, President Putin, and the high-ranking delegation of Russia will discuss the situation in each country and international issues of mutual concern such as the maintenance of peace, cooperation and development
President Putin to visit Vietnam
Russian President Vladimir Putin will make a state visit to Vietnam from June 19-20, following an invitation from Communist Party General Secretary Nguyen Phu Trong.
Vietnam’s GDP growth slowed to 5.66% in Q1 on weak phone, car output
Side effects of government’s crackdown on corruption also hit businesses.
Da Nang eyes setting up Vietnam’s first free trade zone
Authorities in Da Nang City, central Vietnam have suggested the creation of the country’s inaugural pilot free trade zone (FTZ), which includes incentives for foreigners, aiming to generate a new development boost for the coastal city.