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Government borrowings capped at VND690 trillion in 2024

The National Assembly has approved a resolution on 2024 State budget revenue, in which Government borrowings will be capped at VND690.5 trillion, up 6% over this year.

Catfish sees higher output but lower export value

Vietnam saw a sharp rise in catfish output but lower export value in the first ten months of this year, according to the Vietnam Pangasius Association.

US remains Vietnam's largest export market

The US has retained its position as Vietnam's largest export market in recent years, while Vietnam has become the US' 7th largest trading partner and the largest trading partner of the US in the ASEAN region.

Dragon Capital buys millions of shares of large companies

Dragon Capital has spent hundreds of billions of dong to buy Sacombank, Vinaconex and FPT Retail shares in bulk.

NA to consider new tax policy amid global minimum tax application

One of two resolutions added to the National Assembly's 2023 law-building program aims to give a push in attracting new foreign investment and retaining existing investors.

What do experts think about Vietnam's GDP growth ahead in 2024?

Many prestigious international organizations such as VinaCapital and the International Monetary Fund (IMF) have forecast that Vietnamese GDP will continue seeing strong growth in 2024, rising to be among the 20 highest growing economies globally.

U.S. investments in Vietnam agriculture remain modest

Out of nearly US$12 billion pledged by U.S. companies in Vietnam, only US$149 million has been committed to agricultural projects, representing a mere 1.35% of the total.

Measures sought to speed up transition to electric vehicles

The Ministry of Transport (MoT) and the United National Development Programme (UNDP) and the Japanese Embassy in Vietnam jointly held a conference in Hanoi on November 10 to discuss ways to accelerate the transition to electric vehicles.

Vietnam to export first batch of bird’s nests to China this month

The General Administration of Customs of China (GACC) has officially allowed a Vietnamese enterprise to export bird’s nests to the country, the Ministry of Agriculture and Rural Development (MARD) has announced.

Online export turnover rises, but sale of farm exports online still sluggish

The turnover from farm exports via e-commerce platforms remains modest, though Vietnam has high-quality farm products, especially tea and coffee.

One million hectares of large-timber forest for export

Vietnam currently has a total forest area of approximately 14.74 million hectares, with planted forests making up 31 percent and natural forests constituting the remaining 69 percent.

Fitch Ratings optimistic about Vietnam's economic growth

Credit ratings agency Fitch Ratings on November 9 forecast Vietnam’s GDP growth to accelerate to 6.3% in 2024 and 7.0% in 2025.

Huge real estate projects attract foreign capital

The Vietnamese real estate market has attracted millions of dollars for large projects recently.

Online Friday 2023 to feature 500 brands, 3,000 businesses

Up to 500 brands, 3,000 businesses, e-marketplaces, and sale supporting platforms will take part in the Vietnam Online Shopping Day - Online Friday 2023 in early December.

Healing tourism trend prompts service suppliers to become more dynamic

The rising trend of healing tourism has prompted service suppliers to design more diverse tours to meet travelers’ demands.

Stakeholders seek ways to remove roadblocks to real estate market

The Governor of the State Bank of Vietnam (SBV) and representatives from some ministries, credit institutions and businesses will meet online on November 13 to look into the implementation of the Prime Minister’s dispatch on the real estate market.

VN’s rice price climbs to historic peak, but exporters report drop in profits

Vietnam’s five percent broken rice export price has soared to $653 per ton, but despite the big volume of exports and price increases, large exporters have seen profits decrease.

VN prepares for carbon tariffs in pursuit of net-zero emission target

As carbon taxes and credits become more prevalent across markets around the world, Vietnam is seeking ways to demonstrate its responsibility in decarbonisation and help local businesses adapt to change.

Localities want more waste-to-electricity projects

The total waste-to-electricity capacity planned by the Ministry of Industry and Trade (MOIT) is small compared with the demand and capability of Vietnam.

Vietnam has necessary conditions, factors to develop semiconductor industry

In the near future, Vietnam will become a reliable partner and an important link in the global semiconductor manufacturing and supply chains, according to Minister of Planning and Investment Nguyen Chi Dung.