Việt Nam News

Foreign investors were still net buyers on the southern exchange.

Tiền Giang, the country’s largest fruit producer, has identified dragon fruit as one of its specialty fruits for its competitive advantages and high export value.

It is time to fully exploit the domestic market and consider it the focal point to balance the country’s export-oriented economic policies and strengthen the economy's internal capabilities, according to experts.

Consumer activities and shopping are back in full swing, as indicated by the latest data from the Ministry of Industry and Trade. December 2023 witnessed vibrant service trade activities, driven by preparations for major year-end holidays and the arrival of the new year in 2024.

Growth is expected to slow by about 10 - 12 per cent compared to the last quarters of 2023.

Due to conflicts in the Red Sea area since the end of last year, shipping companies have had to change routes, not going through the Suez Canal but having to go around the Cape of Good Hope, extending ship journeys by 10 - 14 days compared to before.

As a landlocked country, Switzerland has to import almost all of its seafood. Việt Nam is the fourth largest seafood provider for Switzerland, after Norway, France and the Netherlands.

The Ministry of Finance highlighted the need for a robust disbursement of public investment capital in 2024, requiring a serious and resolute approach to promote disbursement according to government regulations.

Foreign investors also continued to pour capital into the southern bourse.

Its profit before tax increased 22 per cent year-on-year in the last quarter of 2023, giving the bank positive momentum moving into 2024.

Prime Minister Phạm Minh Chính addressed the Việt Nam – Romania Business Forum co-organised by the Vietnamese Ministry of Planning and Investment, the Vietnamese Embassy in Romania and the Chamber of Commerce and Industry of Romania.

Its average profit after tax reaches VNĐ6.7 trillion, while the average annual State budget contribution reaches VNĐ5.4 trillion and the total investment disbursement is VNĐ36.3 trillion for the whole period by 2025, according to the SCIC plan.

On Monday, a distinguished delegation representing Talanx Group and its German subsidiary HDI Global SE (HDI) conducts a significant visit for collaborative discussions with Vietnam Oil and Gas Group (Petrovietnam) and PVI Joint Stock Company (PVI Holdings).

Industrial parks and economic zones in the northern port city of Hải Phòng strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024.

Though the credit growth rate last year was lower than in 2022, disbursement was redirected into the city’s key production, trading and services sectors.

New supply in the industrial real estate market in HCM City and neighboring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tết (Lunar New Year).

The country was also among the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.

Việt Nam's economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.