Việt Nam strives to be among the top three countries in Southeast Asia in terms of labour productivity growth.

Revenue from e-commerce for domestic organisations and individuals reached 536.5 billion VND (over 22 million USD) this year, reported the General Department of Taxation (GDT).

The State Bank of Vietnam (SBV) has set a credit growth target of 15% for the domestic banking system in 2024.

TC Motor Vietnam (TCMV), a subsidiary of Tan Chong Motor Holdings Berhad (TCMH) from Malaysia, rolls off its production line of the eagerly awaited all-new King Long NOVA EURO 5 Bus in Vietnam on 22nd December 2023.

Minor decreases in fuel prices do not have an effect significant enough to bring electricity prices down.

With the ability to grow 35 per cent per year, the market size is expected to reach $21.3 billion this year and $57 billion by 2025.

The northern province of Hai Duong this year will continue to attract large domestic and foreign investors who have sufficient financial and technological capacities and strong management skills, according to local authorities.

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.

The National Power Transmission Corporation (EVNNPT) will commence 34 electricity transmission projects and complete 63 others this year, its Chairman of the Member Council Nguyen Tuan Tung told a conference held in Hanoi on January 2.

Foreign firms contributed 259.95 billion USD or 73.1% of Vietnam’s total export revenue in 2023, statistics show.

By the end of November 2023, Hải Dương had attracted over US$1.13 billion worth of foreign investment, over three times higher than the same period last year, statistics from the provincial Department of Planning and Investment revealed. 

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.

Air carriers said they are prepared for busy end-of-year holiday travel as the 2024 Lunar New Year (Tet) is approaching.

The Hanoi-Ho Chi Minh City air route recorded over 10.8 million seats sold between October 2022 and September 2023, making it the fourth busiest domestic air route in the world in 2023, according to statistics from air travel data provider OAG.

Da Nang International Airport in the central city of Da Nang has become the first and the only terminal in Vietnam to be certified as a 5-star airport by international airport rating agency Skytrax, according to Do Trong Hau, Deputy General Director of the Da Nang International Terminal Investment and Operation Joint Stock Company (AHT).

The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts.

On the early morning of the first day of 2024, Ho Chi Minh City has enthusiastically welcomed first international passengers to the city who arriving on a Vietjet’s flight from Melbourne, Australia to the southern metropolis.

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.

A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.