Outstanding credit of the banking system is forecast to increase 4.4% in the first quarter and 14.2% in 2024, up 0.4 percentage point from the previous prediction of 13.8%.

Trading through commodity exchanges would help mitigate risks for both buyers and sellers and create fair, competitive prices for Vietnamese agricultural products as well as prevent the recurring crashing of prices when farmers have bumper crops, speakers told a seminar in HCM City last week.

Thirty-two enterprises in various areas including building materials, consumer goods, garment and textile, food and services received the Ho Chi Minh City Golden Brand Award from the municipal People’s Committee on January 14 for the outstanding achievements they have carved out to develop brands for products and services.

Circular economy is becoming an inevitable trend and taking place strongly in many countries around the world, including Vietnam, as the transition from the traditional linear economy to a circular economy is considered an effective solution, helping to maintain economic growth and development as well as minimising negative impacts on the environment.

With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6 per cent in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion.

2023 marked a significant milestone for the forestry sector as Việt Nam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million, said Deputy Minister of Agriculture and Rural Development Nguyễn Quốc Trị.

According to the Vietnam Steel Association (VSA), steel sales in November and December 2023 reached the highest levels in 20 months with growth between 20-40 per cent for different products.

Vietnam’s four largest commercial banks - Vietcombank, BIDV, Agribank and VietinBank (the Big 4) - in 2023 accounted for 41.9% of total outstanding loans and about 50% of the total deposits of the country's banking system.

Condominium market prices in both Hanoi and Ho Chi Minh City maintain an upward trend this year, according to CBRE Vietnam.

Despite its availability in over 150 countries, Vietnam's shrimp industry is grappling with fierce competition from global counterparts, prompting the proactive application of technology and strategic planning as the sector is making endeavors to carve out its unique path forward.

The forecast for 2024 indicates that consumer demand will continue to be a primary contributor to Vietnam's economic growth, in addition to the ripple effects of public investment and exports.

Vietnam’s overseas investment, including both newly-registered and adjusted capital, hit USD 420.9 million in 2023, down 21 percent from 2022.

The forecast for 2024 indicates that consumer demand will continue to be a primary contributor to Vietnam's economic growth, in addition to the ripple effects of public investment and exports.

Total newly-registered foreign investment capital, adjusted and contributed capital to buy shares and buy contributed capital of foreign investors totaled USD 36.6 billion as of December 20, 2023, an increase of 32.1 percent compared to 2022.

Many international financial institutions have expressed their optimism about Vietnam’s GDP growth, and shared the view that it would reach at least 6% this year.

The ground-breaking ceremony was held by the provincial People’s Committee and Becamex Tokyu Co. Ltd, a joint venture between Tokyu Group of Japan and Becamex IDC Corporation of Việt Nam.

At the dialogue, President Widodo suggested the two countries step up dialogues and high-quality cooperation to realise their common vision of becoming high-income nations by 2045.

Despite facing Asian powerhouse Japan in their opening match of the 2023 Asian Cup on January 14, head coach Philippe Troussier believed his side can cause an upset.

Indonesian President Joko Widodo on January 13 made a field trip to VinFast electric vehicle manufacturing complex in the northern port city of Hai Phong as part of his state visit to Vietnam.

The Swiss-Viet Economic Forum (SVEF) made its debut at a ceremony held on January 12 in Zurich city, aiming to foster collaboration, innovation, and sustainable growth between Vietnamese and Swiss enterprises.