Việt Nam News

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.

Major players like Airbus and Boeing are expanding their presence in the country. They view it as vital in ensuring regional stability and fostering defence industrial collaboration, technology transfer, and workforce development.

An increasing number of Vietnamese enterprises are showing interest in Saudi Arabia, particularly in the sectors of Việt Nam's advantages and the Middle East country's needs, a diplomat has said.

The transition to electric vehicles (EVs) in Việt Nam represents a complex challenge that requires coordinated efforts across various sectors, according to a World Bank report.

Việt Nam's total import-export turnover reached US$745 billion as of December 14.

The reduction of import tariffs has intensified the pressure, prompting concerns over market share erosion for local manufacturers.

Many dealers are maintaining promotional programmes that include reductions of 50 to 100 per cent on registration fees to attract buyers during the peak shopping season.

Agriculture has always been a strength of Việt Nam with fruits, vegetables and processed products winning over consumers around the world. This has grown due to new generation free trade agreements such as the UKVFTA and EVFTA bolstering export activities. During the final months of the year, businesses have been focusing on fulfilling their year-end export orders, further highlighting the quality of Việt Nam's produce.

Agricultural products, such as rice, fruits and vegetables, are particularly well-positioned under UKVFTA.

The market is banking on the Fed cutting rates by 0.25 basis points at their meeting on December 17-18.

Strategic efforts in legal framework development, market supervision and technological modernisation played a key role in maintaining stability and investor confidence in 2024.

The inventory will be conducted at 100,000 State units across the country.

Minister of Industry and Trade Nguyễn Hồng Diên appeals for mutual assistance on an official visit to Japan.

Deputy Minister of Planning and Investment Nguyễn Đức Tâm said that this region’s GRDP is expected to grow by 9.1 per cent.

A multi-dimensional assessment of a new growth cycle in the real estate market over the next 10 years is needed to promptly seize development opportunities, a panel discussion heard in HCM City on December 18.

Market breadth was overwhelmingly negative, with 244 stocks declining compared to just 71 advancing. Trading value on the southern bourse rose sharply to VNĐ17.8 trillion (approximately US$698.9 million), marking a 40.1 per cent increase from the previous session.

Vietnamese firms in the supporting industry have been manufacturing high quality components and parts not only for domestic businesses, but also companies around the world. With an abundance of young and skilled workers and favourable policies from the government, more and more local companies are able to satisfy strict requirements and export to demanding markets such as Japan and the US.