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Sunday, February 23, 2025

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Vietnam economy

Renovation and overtaking

Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of...

CPI growth in 2021 at five-year low

HCMC – Vietnam’s consumer price index (CPI) in 2021 has edged up 1.84% year-on-year, the lowest rate since 2016, according to the General Statistics...

Covid-induced losses in Vietnam exceed VND500 trillion: official

HCMC – Vietnam’s economy has incurred losses of some VND507 trillion over the past two years due to the Covid-19 pandemic, according to Nguyen...

Credit grows strongly in Oct

HCMC – The country’s credit growth reached 8.72% last month, much higher than the 6.5% in the same period last year, according to a...

Vietnam sees newly established enterprises soar in Oct

HCMC – The country saw over 8,230 newly established enterprises in October, surging 42.9% from August and 111.2% from September, as the economy reopened. According...

Retail sales plunge after years of solid growth

HCMC – The heavy impact of the Covid-19 pandemic has led to Vietnam’s retail sales dropping significantly after many years of double-digit growth. Data of...

Clash of values in a pandemic

HCMC has entered a new phase in the battle against Covid-19, when social distancing measures are tightened. In reality, the fight against Covid-19 in HCMC...

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