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Friday, July 26, 2024

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Vietnam Economy

Vietnam’s GDP grows 6.93% in Q2

HCMC - Vietnam’s gross domestic product (GDP) has expanded by 6.93% in the second quarter of this year, the second highest increase in the...

NA approves extension of VAT cut until year-end

HCMC - The National Assembly (NA) has approved an extension of the two-percentage-point reduction in value-added tax (VAT) for certain goods and services until...

WB: Public investment should remain aggregate demand driver

HCMC – Vietnam should continue supporting demand through public investment, the World Bank (WB) recommended in a new report. This advice comes amid a rising...

Vietnam currency still under pressure – World Bank

HCMC – The Vietnam dong currency is still under pressure, according to the World Bank's (WB) latest macroeconomic update for May 2024. The exchange rate...

Vietnam’s economic recovery momentum to continue in H2 – UOB

HCMC – Singapore’s United Overseas Bank (UOB) has forecast that Vietnam's economic recovery will continue in the second half of this year. In its economic...

Jan-May tax collections reach 51.6% of full-year target

HCMC – The budget revenue collected by tax offices nationwide in the first five months of this year totaled more than VND767.4 trillion, reaching...

State budget revenue up 15% in Jan-May

HCMC – State budget revenue in the first five months of this year totaled over VND898.4 trillion, rising by 14.8% against the year-ago period...

Manufacturing growth continues in May

HCMC – Vietnam's manufacturing sector saw sustained growth in May with solid increases in new orders, prompting a faster expansion in production, according to...

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