Vietnam's socio-economic situation in October and the ten months of this year showed signs of recovery, with numerous bright spots, Minister and Chairman of the Government Office Tran Van Son told a press conference in Hanoi on November 4.

As of October 31, the disbursement of public investment was estimated at over 401.86 trillion VND (16.37 billion USD), completing 52.1% of the set plan and 56.84% of the target assigned by the Prime Minister, the Ministry of Finance reported.

Vietnam and China have launched a two-way cargo transportation trial through the Kim Thanh-Bac Son border checkpoint to streamline cross-border trade.

The launch of int’l cargo transportation services since the beginning of this year at two stations in the northern province of Bac Giang and the southern province of Binh Duong has opened up a new development direction for the sector.

Vietnam’s real estate market is witnessing a rising number of merger and acquisition (M&A) deals, with the engagement of both foreign and domestic investors.

Economic indicators and management issues will be discussed at the ongoing National Assembly session to find solutions to growth and development.

Vietnam could realise its goal of becoming a significant source of rare earths for the global market, if rules on extraction and refining are made more suitable.

2023 has been a tough year for many companies reporting business result declines. Even bluechips have seen prices sliding though the market is believed to have bottomed out.

Vietnam’s digital economy is expected to gain robust growth and reach an estimated US$45 billion by 2025, according to a joint report by Alphabet, Temasek Holdings, and Bain & Company.

The electricity industry faces diminished performance in Q3 as profits plummet due to the struggles of hydropower and thermal power businesses.

Vietnam maintained a positive trade balance of US$3 billion in October, raising the country’s total trade surplus during January – October 2023 to more than US$24.6 billion, the highest in five years.

With recent rosy signs, Vietnam’s aquatic product exports are expected to hit 10 billion USD this year, experts have said.

The major source of income for many realtors, Industrial Zone (IZ) developers, insurers and fertilizer manufacturers is interest from bank deposits, rather than from their core business fields.

The outstanding loans provided to the real estate sector reached VND987.477 trillion as of the end of August.

Localities in the Mekong Delta region have been offering incentives and taking a range of solutions to lure more investment inflows into agriculture and rural development, in line with the region's potential and strength.

Amid the COVID-19 pandemic and rising trade tensions between the United States and China, Vietnam leapfrogged the Republic of Korea (RoK) to become the US’ sixth largest trading partner by import value in 2022, reported the East Asia Forum newswire.

Vietnam’s total revenue from tourists is estimated at VND582.6 trillion (US$23.7 billion) in the first ten months of 2023, according to the Vietnam National Authority of Tourism.

Vietnam’s Manufacturing Purchasing Managers' Index (PMI) dropped slightly in October, posting 49.6 amid muted new order growth, according to the latest figures reportedly released by S&P Global on November 1.

Forbes has updated its list of the world's billionaires, with five billionaires from Vietnam making the latest rankings.

While Shopee reported a market share increase from 63 percent to 69 percent, Tiki maintained a modest figure of one percent.