Due to the impact of COVID-19, Việt Nam’s GDP growth rate reached a low point in the first quarter of 2023 at 3.4 per cent but has shown robust growth in recent quarters.

The vast majority of those are being imported through e-commerce platforms, including some of the largest in the country such as Shopee, Lazada and TikTok, with combined value reaching billions of dollars monthly.

BYD, a Chinese electric vehicle (EV) manufacturer, plans to enter the Vietnamese market in June. Whether it will be welcomed in the country remains an unknown.

The real estate market in provinces and cities in the Southern region of Vietnam in the first months of 2024 grew, with land, low-cost housing and apartments seeing higher demand.

The General Department of Taxation proposed the State Bank of Vietnam study regulations on making non-cash payments compulsory for gold transactions together with a control mechanism to improve transparency.

It was forecast that about 12.8 million TEU of container goods would be transshipped via ports in the East Sea by 2030.

Exporting creative goods generates billions of dollars for Vietnam each year, but understanding of this economy is still in its very preliminary stages.

Vietnam has been No 1 globally in pepper exports for 20 years, but its export prices are the lowest in the world.

Numerous Vietnamese shippers have been facing challenges due to escalating sea freight rates, aggravated by arbitrary surcharge hikes by shipping lines.

This strategic move is crucial for the nation to attain its target of net-zero emissions by 2050.

The World Gold Council’s demand trends report for the first quarter of this year showed that Việt Nam gold demand was strong in the quarter, supporting record-high prices.

The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.

Scammers have appropriated billions of dong by tricking people into making financial investments online.

ADB forecast that low domestic interest rates, fiscal policy measures, and wage increases will drive consumer services in 2024.

Ending April, pepper exports reached 83,783 tonnes, worth $353 million, marking a decrease of 18.3 per cent in volume but an increase of 11.5 per cent in value year-on-year.

The American Alliance for Solar Manufacturing Trade Committee requested to investigate a number of solar battery products under HS codes 8501.61.0000, 8507.20.80, 8541.42.0010 and 8541.43.0010.

Vietnam’s industrial real estate industry is expected to continue its strong growth trajectory due to foreign direct investment (FDI) inflows benefiting from tax incentives.

Many major finance companies have reported falling profits, big losses and negative stockholder equity amid economic difficulties and low purchasing power.

A number of international financiers have expressed their optimism about Vietnam’s economic growth in 2024 which is likely to be higher than last year’s figure.

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).