Recovery in domestic consumption and production demand, along with strong development in tourism, have contributed positively to the growth of the trade and service sector in the first nine months of 2024.

Fifteen Vietnamese banks have been named among the world’s top 500 banking brands recently announced by the global leading brand valuation consultancy Brand Finance, according to the Vietnam Banks Association.

Party General Secretary and State President To Lam lauded Vietnamese entrepreneurs’ vital contributions to socio-economic development during a meeting in Hanoi on October 11, ahead of the 20th anniversary of Vietnam Entrepreneurs' Day (October 13).

The World Trade Organisation (WTO) on October 10 released its Global Trade Outlook and Statistics, in which it affirms Vietnam and Mexico have emerged as “connecting” economies.

According to VAMA’s report on October 10, sales in the passenger vehicle segment reached 28,973 units in September, a 51% rise over August.

The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Data from Savills showed that apartments priced at 4 billion VND (160,950 USD) or more accounted for 70% of the number of those sold in the first nine months of 2024, a sharp increase from 2% in 2020.

HSBC has lifted its 2024 gross domestic product (GDP) growth forecast for Vietnam to 7.0% from 6.5% after the country recorded stronger-than-expected growth in Q3 despite the devastation left by Typhoon Yagi.

Vietnam eyes to harness the power of nuclear technology to develop the healthcare, industrial and agricultural sectors amidst increasingly stringent requirements from local consumers and export markets.

Vietnam’s economy has recovered quickly despite external uncertainties and extensive damage caused by Typhoon Yagi, which has greatly affected all socio-economic activities and people’s lives.

The problems in procedures for VAT (value added tax) refunds was the main topic at the second discussion session of the 2024 Business and Law Forum held on October 9, 2024.

Vietnam aims to establish a regional financial center by 2035 and an international financial center by 2045, as outlined in a proposal presented to the government.

The leading Japanese newspaper Nikkei recently headlined, “Vietnam's Q3 Growth Soars Like a Rocket at 7.4%, the Highest in Two Years.”

Only when following a market economy can Vietnam have the opportunity to integrate into the global economy, said Tran Dinh Thien, a respected economist, in a talk with VietNamNet.

The Vietnamese real estate market is recovering slowly, facing numerous challenges. Companies are seeking flexible solutions and collaborating with authorities to overcome these hurdles.

Recent surveys have found that complex administrative procedures continue to be a headache for enterprises, and that administrative reform is needed.

Global index provider FTSE Russell has published its October 2024 report, and Việt Nam remains on the watchlist for a potential upgrade to Secondary Emerging Market status.

On October 10, the Ministry of Industry and Trade announced the results of an audit of the electricity production and business costs for 2023 by EVN.

Apartment prices in the primary market in Hanoi soared to VND69 million per sq m in the third quarter of 2024. With an average income of VND7 million per month, Hanoians need 50 years to save to buy a VND4 billion apartment.

The Ministry of Construction (MOC) has proposed setting up a real estate and land-use right transaction center under state management, saying the center would help minimize risk in prices and legal status for buyers.