All the three economic growth drivers of investment, export, and consumption have good opportunities in 2024, Deputy Minister of Planning and Investment Tran Quoc Phuong told the Government’s regular press conference on December 6.

After the COVID-19 pandemic, tourism has been changing significantly from the Government's policies, and transformation of Vietnamese businesses to the opening of new tourist destinations.

Việt Nam’s coffee export volume in the 2023-24 season is likely to be lower than a year ealier due to a drop in output, no carry-over stock and growing local demand, and export prices will remain high, according to the Việt Nam Coffee and Cocoa Association.

The forum highlighted the importance of science, technology and innovation for middle-income countries like Việt Nam. The participants of this forum discussed directions suitable for Việt Nam’s potential capacity in taking advantage of science and technology in economic development.

According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), exports in November 2023 increased by 6 per cent compared to November 2022, reaching nearly US$840 million.

Experts at a conference in Ho Chi Minh City on December 6 stressed the need for both producers and exporters to change the mindset and approach to boost exports to China, a potential market for Vietnamese farm produce.

The Ministry of Planning and Investment (MPI)’s Central Institute for Economic Management (CIEM) presented three scenarios for the national economy in 2024 at the Vietnam Economic Pulse Forum jointly held by the institute and UN Development Programme (UNDP) in Hanoi on December 6.

The State budget collection from import-export activities topped 335.1 trillion VND (13.8 billion USD) during January – November, or 78.9% of the estimate, marking a year-on-year decrease of 16.8%, the General Department of Vietnam Customs said on December 6.

Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) predicted.

Durian is a key crop in Tiền Giang Province's Cai Lậy Town, helping local farmers improve their livelihoods. This year farmers are seeing a lucrative harvest as the fruit is being bought by traders at high prices.

Regional insurtech Igloo has closed a US$36 million Pre-Series C funding round led by global investment firm Eurazeo through its insurtech fund backed by the insurer BNP Paribas Cardif.

The Vietnamese stock market rose on Wednesday, lifted by the improvement of domestic investor's sentiment while foreign capital still saw a net outflow from two main exchanges.

The city is striving to use environmental packaging products instead of non-degradable nylon bags in wet markets, supermarkets, and shopping centers.

Standard Chartered has signed a Master of Agreement to offer BIDV a sustainable trade loan worth up to US$100 million, to support BIDV and its clients meet their sustainability goals.

FPT and its tech subsidiary, FPT Software, will leverage AOSIS's prowess in SAP, Data, Cloud, and Business intelligence solutions, with a focus on the aerospace, aviation, and transportation sectors.

The northern province of Bac Giang’s gross regional domestic product (GRDP) grew by 13.45% this year, topping the nation.

The southern province of Ba Ria-Vung Tau attracted nearly 1.38 billion USD in foreign direct investment (FDI) in the first 11 months of this year, an increase of 93.8% compared to the same period last year.

Copenhagen Infrastructure Partners (CIP) announced the launch of the Growth Markets Fund II, during the 2023 United Nations Climate Change Conference (COP 28) in Dubai on December 4.

Bain Capital – a leading private investment firm with approximately 180 billion USD of assets under management, has agreed to pour another 50 million USD into Masan Group, raising its total investment in the enterprise to 250 million USD from 200 million USD announced in October.

The State Treasury mobilised a total of 31.95 trillion VND (1.31 billion USD) worth of government bonds and government-guaranteed bonds in November via 32 auctions on the Hanoi Stock Exchange (HNX), representing a month-on-month increase of 68.3%.