Vietnam’s economy emerged from COVID-19 with a surprisingly high 8 per cent annual growth rate at the end of 2022, but took a gloomy U-turn in the first half of 2023, plagued by falling exports due to monetary tightening in…
Hanoi has spent the past year lobbying Washington intensely to bring its anti-dumping rules closer in line with the EU’s approach.
Vietnam’s ambassador to the United States on Tuesday urged Washington to end its “non-market economy” label on Hanoi, warning that maintaining the resulting punitive duties on Vietnamese goods is bad for increasingly close bilateral ties.
Vietnam should consider creating a national carbon credit exchange as it moves toward developing a low-carbon economy and proactively coping with climate change, a financial official told a meeting on Monday.
In 2023, the total bilateral trade turnover reached about $1.6 billion, a slight decrease of 2.1 percent year on year, but the import value from Laos surged by 4.2 per cent.
Despite the gradual recovery of the seaport industry, there are still several potential risks to consider in 2024.
Vietnam’s distributors of luxury brands such as Louis Vuitton, Chanel, Dior and Hermes posted VND3.8 trillion ($156.57 million) in 2022 profits, up 270% year-on-year, according to latest data from a market research company.
Vietnam’s gross domestic product (GDP) grew 5.05 percent this year, lower than its target of 6.5 percent, according to the General Statistics Office (GSO).
Vietnam’s 2023 growth underperforms as exports sag and concerns rise about unreliable power supplies and skilled labor shortages
After two frustrating years of COVID-induced economic slowdown, Vietnam bounced back in 2022 with a strong performance — its GDP grew more than 8 per cent. In 2023, the government hoped that a stronger Chinese and global economy would allow…
Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to uprade the country to emerging market status and attract hundreds of millions of dollars of new investment, sources…
Des gains modérés dans l’industrie et les services ont été à l’origine d’une modeste reprise économique. Les développements suggèrent une croissance cette année et l’année prochaine conforme aux prévisions. L’incertitude politique et la poursuite des conflits internes compromettent les perspectives…
The Vietnamese government said on Tuesday it plans to extend a rate cut for the value-added tax (VAT) until the end of June to boost domestic consumption and production as the global economy remains sluggish.
Vietnam is expected to miss this year’s economic growth target, the country’s lawmaking body said on Monday.
The Planning and Investment Ministry has outlined three potential economic growth trajectories for 2024, with the peak gross domestic product (GDP) growth rate forecast at 6.5%.
Vietnam’s exports in August fell 7.6 per cent from a year earlier, official data showed on Tuesday, making a sixth straight month of decline as weak global demand weighs on the export-reliant economy.
Prime Minister Pham Minh Chinh helmed the welcoming ceremony of his Singaporean counterpart Lee Hsien Loong at the Presidential Palace on Monday.
Au cours des sept premiers mois de l’année, le Vietnam a enregistré un excédent commercial estimé à 15,23 milliards d’USD. La situation socio-économique en sept mois s’est révélée plus positive que lors de la même période de l’année précédente, touchant…
The current stagnation could shock the ruling Communist Party into putting economic policy back into sensible hands.
Despite a slight decline in quarterly economic growth from 5.92% in the fourth quarter of 2022 to 3.32%, Vietnam continues to maintain a positive growth rate.
Vietnam on Thursday reported faster economic growth in the second quarter, driven by the services sector, despite a slump in trade that analysts say could signal a slowdown ahead.
Like many nations, Vietnam’s growth prospects are challenged by conflicting objectives. The ruling Communist Party aims to reach high-income status by 2045, which would improve wellbeing indicators. But the Party has also committed to various environmental targets. In light of Vietnam’s susceptibility…
Vietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT) on goods and services until the end of this year to boost domestic consumption and production, as its export-driven economy faces headwinds from…
South Korea and Vietnam agreed on Friday to boost security cooperation, citing North Korea’s nuclear threat, and committed to increasing bilateral trade and investment despite a slump this year and Vietnam’s planned tax hikes on large firms.
Vietnam plans to cut its value added tax (VAT) on goods and services to 8% from 10% to boost domestic consumption, state media reported on Wednesday, as its export-driven economy confronts headwinds from slowing global demand.
Singapore and Vietnam inked fresh deals to step up cooperation in the digital and green economies, as they continue building on recent bilateral collaboration in these fields.