China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value.

The owner of a well-known hotel chain in the ancient town of Hoi An has decided to sell four out of seven hotels to pay debts. Other hoteliers say they have sold hotels at a loss of up to 40 percent.

As of the end of November 2023, the amount of outstanding loans provided to the real estate sector had reached VND1 quadrillion, up 3 percent over the previous month (VND994 trillion).

On January 16, the European Chamber of Commerce in Vietnam (EuroCham) announced that it has unveiled its 15th annual Whitebook, offering insights into Vietnam's business policies from the European business community.

The Vietnam Blockchain Association says the US recognition of Bitcoin ETFs will help promote the circulation of clean bitcoin and help traditional financial investors access bitcoin.

Nguyen Dang Quang, president of retail giant Masan Group, has been removed from Forbes’ list of global billionaires following his company’s shares plunging for four consecutive sessions between January 4 and January 9.

Despite lingering difficulties, businesses have recovered their confidence, the Private Economic Development Research Board under the PM’s Administrative Reform Advisory Council underlined in report on business situation in 2023 and outlook for 2024.

The Ministry of Industry and Trade has ordered local firms to ensure sufficient supply of goods of affordable prices for the upcoming Tet (Lunar New Year) holiday, as demand on this occasion is forecast to increase 10% from the same time last year.

The cryptocurrency market in Vietnam remained bleak in 2023, resulting in a lack of profitability for nearly 65% of investors.

Vietnam's European Plastics Joint Stock Company (EuP) has inaugurated a factory specialising in producing filler masterbatch in Sadat city, Menoufaya province of Egypt, marking the first factory of a Vietnamese enterprise in the Middle East country.

Signs of recovery of Vietnam’s and the world economies appeared in the last months of 2023.

2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million.

Despite formidable challenges for the real estate market in 2023, industrial property market has stood out as a bright spot that has maintained its growth momentum on the back of the foreign direct investment (FDI) flow, according to insiders.

Weak market demand coupled with stricter regulations remain the main barriers to the Vietnamese tea processing industry when it tries to gain a strong foothold in foreign markets.

Phuc Sinh JSC has announced that the company successfully sold shares to an investment fund from Europe with an undisclosed amount.

The Central Institute for Economic Management (CIEM) has unveiled two economic scenarios for the nation this year.

Products sourced from various countries, including Vietnam, are expected to increase their market share in the United States amid Chinese exports to this market decreasing.

With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at 15 billion USD.

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services.

Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023, reported the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).