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Wednesday, January 15, 2025

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Vietnam Economy

Capital of new businesses up 120% in HCMC in January

HCMC - HCMC has seen a 120% year-on-year rise in capital registered for new businesses in the first 20 days of January. The city approved 3,303...

Vietnam, Indonesia look to raise bilateral trade to US$15 billion

HCMC – Vietnamese State President Vo Van Thuong and Indonesian President Joko Widodo have expressed their commitment to increasing bilateral trade from nearly US$14...

Vietnam’s 2023 per capita GDP hits US$4,284

HCMC – Vietnam's per capita GDP in 2023 reached US$4,284, US$174 higher than in 2022 but still well below the 2025 target range of...

Standard Chartered forecasts Vietnam’s 2024 GDP at 6.7%

HCMC - Standard Chartered Bank has projected Vietnam's GDP growth at 6.7% this year following a 5.05% expansion in 2023. This projection is 0.2 percentage...

Vietnam expects 162,500 new businesses to emerge in 2024

HCMC – The General Statistics Office (GSO) has projected that 162,500 new businesses will enter the market this year, up by 2% compared to...

Vietnam overcomes economic headwinds in 2023: PM

HCMC – Vietnam successfully navigated the headwinds in 2023 despite external and internal woes, said Prime Minister Pham Minh Chinh at a hybrid conference...

Vietnam manufacturing still contracts in December 2023

HCMC - Vietnam's manufacturing industry continued to contract in December last year, with the S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) staying at...

Vietnam’s 2023 public debt at 37% of GDP

HCMC - Vietnam's public debt in 2023 amounted to VND3.8 quadrillion, equivalent to 37% of gross domestic product (GDP), according to the Ministry of...

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