Việt Nam News

As Việt Nam is pursuing a green growth path, Ireland’s model can be a good example. Việt Nam News reporter Ly Ly Cao spoke to Professor Alan Barrett, CEO of the Economic and Social Research Institute (ESRI), Ireland’s leading centre for policy-oriented social science research, to discuss how Việt Nam can learn from and follow in Ireland’s footsteps based on the country’s advantages

Việt Nam's real GDP is expected to grow at 4.7 per cent this year, according to the October 2023 report by the International Monetary Fund (IMF) on Asia and the Pacific region. IMF's projection for Việt Nam's real GDP growth for 2024 and 2025 were 5.8 per cent and 6.9 per cent, respectively.

Data from the Ministry of Information and Communications (MIC) shows that the agency received more than 4,000 reports from internet users about fraudulent activities in the first half of this year.

The amount of live chickens imported illegally across the border has increased to 200,000 - 250,000 tonnes each year

However, foreign investors were still net buyers on two main exchanges. 

Collaboration between SHB and Busan Bank in the coming time is expected to set a role model for extensive cooperation between financial institutions of Việt Nam and South Korea, contributing to comprehensive financial services distribution channels and bringing more added values to customers of both Parties.

The discounted airfares, which are available during three golden days from Wednesday to Friday, are applicable to all international routes to Australia, India, Japan, South Korea, Taiwan, Hong Kong (China), Kazakhstan, and Southeast Asia. 

Việt Nam-UK trade achieved positive results over the past nine months of this year amid export activities from Việt Nam to Europe this year facing many challenges, due to decelerating regional economic growth and high inflation. That made people and businesses to limit their spending.

Foreign enterprises are looking to collect shares of leading pharmaceutical companies in Việt Nam and become strategic shareholders.

Total loans outstanding at credit institutions in HCM City were worth nearly VNĐ3.36 quadrillion (US$137.7 billion) as of September 30, a 0.72 per cent increase from the previous month, according to the State Bank of Vietnam.

In Q3, around 6,000 deals were reached across the country, one and a half times higher than in Q2 and two times higher than in Q1, indicating a fast recovery in the sector.

The market shares of Vietnamese goods in the UK market remained modest, accounting for just 1 per cent of the UK’s $700 billion import demand a year.

The tax cut has been praised by economists and the business community as one of the more practical and most efficient support policies by the government for economic recovery post-COVID-19.

Algeria is an important partner of Việt Nam in the African market, and its fourth largest export market in Africa.

The export value of Vietnamese businesses selling with Amazon increased by 50 per cent, enlarging the contribution to the country’s export economy.

"We are focused on building and developing our product portfolio, distribution channels, and operating model. These are the steps we will take to create differentiation in the Vietnamese market," shared Mr. Bae Seung Jun, General Director of Shinhan Life Vietnam, in an interview with Việt Nam News.

According to the ministry’s Bulletin No.16 on Public Debt of Vietnam for the 2018-22 period, to date, all targets set by the National Assembly in public debt repayment for the 2021-25 period have been completed.

Key agricultural export items in the province include coffee, rubber, cassava slices, black pepper, and fruits, which have reached nearly 40 countries. Some products have met the quality requirements for demanding markets such as the US, Japan and EU member countries.