Rice export volume and value during the first 11 months surpassed the figures of the entire 2022, and this year’s revenue is expected to reach 5 billion USD, authorities said.

Garmex Sai Gon (GMC) has reported big losses and cut its workforce. Other garment companies are also facing difficulties.

Business mergers and acquisitions (M&As) have become quite bustling lately in Vietnam, showing major changes in the overall market picture of the country.

It is now the high sale season, but pig prices are still at a deep low, leaving farmers with big losses. There is no sign of recovery.

Vietnam’s large trade surplus mirrors a gradual recovery in exporter performance and global demand, with hopes that new trade goals can be accomplished next year.

Despite a state coffer surplus for most of the year, Vietnam is expected to see a deficit in the budget for the whole of 2023, with some fiscal initiatives on assisting businesses applied.

Air tickets for the main routes during the Tet holiday are selling out, while airfares have been increasing. Air carriers are rushing to lease aircraft and increase transport capacity.

The expansion of passenger terminal T2 at Noi Bai International Airport in Hanoi City is set to commence next year, with the goal of increasing its annual passenger capacity from 10 million to 15 million.

“Sustainable development is a factor that helps heighten value and guide the branding of Vietnamese enterprises in the European market,” said Ngo Chung Khanh from the Ministry of Investment and Planning.

Deputy Director of the HCM City Department of Planning and Investment Pham Trung Kien called on Japanese businesses to invest in 15 industries in which the city is striving to attract investment.

The batch was worth VNĐ2 trillion with a rate of 12 per cent per year.

Vietnam is enjoying an all-time high in both rice output and export turnover this year, according to an international conference on the global rice market held on Wednesday in Hau Giang Province.

Vietnam is seeing great opportunities to turn the semiconductor industry into a critical national one in the next 30-50 years.

After reaching a peak, Vietnamese rice export prices decreased after news about the World's Best Rice Award 2023 given to Vietnam. Thai rice prices are on the rise and are about to catch up with Vietnamese rice.

The labor market in Ho Chi Minh City became bustling again in the last months of the year, when many businesses had orders so they started recruiting workers to serve production and business.

The Asian Development Bank (ADB) has made its GDP growth forecast for Vietnam in 2024, projecting the rate to remain at 6.0%, according to the Asian Development Outlook (ADO) released on December 13.

As Vietnam's economy is expected to recover and achieve a growth target of 6 per cent in 2024, logistics businesses are optimistic about the logistics industry in 2024.

Overall, in the first 11 months of 2023, the number of accounts was 355,672 higher than the end of 2022, bringing the total numbers to more than 7.25 million accounts, equivalent to 7.3% of the population and exceeding 5% of the set goal.

The White Book on Social Impact Business in Vietnam was developed within the framework of the project “Leveraging Vietnam’s Social Impact Business Ecosystem in Response to COVID-19” (ISEE-COVID).

The Vietnam-Hau Giang International Rice Festival 2023, themed “Centennial Journey of Vietnamese Rice”, opened in the Mekong Delta province of Hau Giang on December 12.