VinFast, Vietnam’s first electric vehicle maker, on January 2 announced the signing of agreements with its first five dealers in four states of the US, bringing opportunities for customers to experience VinFast electric vehicles. Dealers will begin selling VF 8, followed by VF 6, VF 7, and VF 9 (Photo: VNA) They include Leith VinFast (Raleigh, North Carolina),...

Foreign firms contributed 259.95 billion USD or 73.1% of Vietnam’s total export revenue in 2023, statistics show. The FDI sector plays a crucial role in the national economy. (Photo: VNA) The sector has played a crucial role in the national economy, as reflected through its export turnover, job generation, and the formation of supply chains in such key...

The market capitalisation of Vietnam’s stock market approximated 6 quadrillion VND (246.7 billion USD) in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show. Deputy Minister of Finance Nguyen Duc Chi beats the gong on January 2 to mark the stock market's first trading session of 2024. (Photo: VNA)...

Vietnam aims to produce 1.7 million tonnes of commercial tra fish and earn 2 billion USD from exporting the products in 2024, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien. Vietnam targets 2 billion USD in tra fish exports in 2024 . - Illustrative image (Photo: VNA) To that end, the fishery sector needs...

A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates. The property market is expected to show more positive performance in 2024. (Photo: VNA) In 2024, the market may witness a shortage of supply, especially from new and legally eligible projects. Meanwhile, demand is unlikely to...

Deputy Prime Minister Tran Luu Quang has signed a decision approving a strategy to develop plant cultivation until 2030 with a vision to 2050, aiming to turn plant cultivation into a complete and professional technical-economic sector with highly competitive products, meeting requirements in food safety, national food security and other needs of the economy, securing high export values. Illustrative...

Vietnam’s fruit and vegetable exports surged to a record high in 2023, yet insiders said it is just a start as ample room remains for the sector. Vietnam’s fruit and vegetable exports surge to a record high in 2023. (Photo: VNA) The Ministry of Agriculture and Rural Development (MARD) reported that the country earned 5.69 billion USD from...

On January 1, in Thuy Hung commune, Thach An district, Cao Bang province, Cao Bang Provincial People's Committee organized the groundbreaking ceremony of the Dong Dang (Lang Son) - Tra Linh (Cao Bang) expressway investment project. Prime Minister Pham Minh Chinh, attended and gave a directive speech at the groundbreaking ceremony. Also attending were leaders of ministries, departments, sectors,...

The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024. The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024. (Photo: VNA) It will continue operating an open market in a flexible and...

The domestic automobile market has faced both opportunities and challenges in the year 2023. Car experts believe that 2023 is a crucial year for Vietnam to establish itself as an emerging market in the auto industry, with hopes of achieving this status in 2024. Illustrative image (Photo: vneconomy) The decline in the local auto market became evident in April...