Vietnam’s total retail sales of goods and services in January was estimated at 544.8 trillion VND (23.22 billion USD), up 5.2% from the previous month and 20% as compared with the same period last year, according to the General Statistics Office (GSO). Vietnam’s total retail sales of goods and services in January is estimated at 544.8 trillion VND (23.22...

Prime Minister Pham Minh Chinh on January 29 attended a ceremony to give the order to handle the first cargo in the Year of the Cat at Tan Cang-Cat Lai port in Ho Chi Minh City. Prime Minister Pham Minh Chinh and participants press the buttons to launch lunar new year operations of Tan Cang-Cat Lai port (Photo:...

Foreign suppliers have paid taxes worth 1.8 trillion VND (76.7 million USD) via the official portal serving their operations in Vietnam. Tax payers at the Hanoi Tax Department (Photo: VNA) Of the sum, Meta (Facebook) contributed 34.5 million EUR, Google 28.8 million USD, and Apple 174 billion VND. The General Department of Taxation’s portal https://etaxvn.gdt.gov.vn/nccnn/Reques was exclusively developed...

Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO). Producing shoe components at a foreign-invested company, in Thuan An city, Binh Duong province. (Photo: VNA) In the month, local authorities granted licences for 153 new FDI projects worth 1.2 billion USD, up...

Vietnam’s consumer price index (CPI) in January edged up by 0.52 % month-on-month, fueled by high consumer demand for the Lunar New Year or Tet which fell in the same month, the General Statistics Office said on January 29. January’s CPI increases 0.52% due to high Tet demand (Photo: VNA) In addition, the prices of goods, food and...

According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), Vietnam is likely to attract 36-38 billion USD in foreign direct investment (FDI) in 2023. The figure was nearly 22.4 billion USD in 2022. Vietnam remains an attractive destination for foreign investors (Photo: VNA) Deputy Director of the FIA Do Van Su said disbursement of...

Viettel is the most valuable telecoms brand in Southeast Asia and the 17th in the world, according to the latest Brand Finance Global 500. Viettel is the only Vietnamese brand in the latest Brand Finance Global 500 rankings. (Source: baochinhphu.vn) At the 234th position globally, Viettel is the only brand of Vietnam and the only telecoms one of...

Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD). Remittance flows into Vietnam approximated 19 billion USD in 2022. (Photo: VNA) Despite the COVID-19 pandemic’s major impacts on the global economy over...

Prime Minister Pham Minh Chinh expressed his hope that the baking sector will be more proactive, creative and responsive to policies in 2023 at a meeting on January 27 or the sixth day of the Lunar New Year. Prime Minister Pham Minh Chinh speaks at the New Year meeting with the banking sector. (Photo: VNA) The sector should continue...

The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets. Workers process shrimp for export on a production line. (Photo: VNA) According to experts, even though rising inflation has a negative impact on...