Prime Minister Pham Minh Chinh’s Singapore visit from February 8-10 aims to affirm the determination to elevate the bilateral economic ties to a new height in the context of many free trade agreement (FTAs) coming into force.

The export of phones and components increased by less than 1% year-on-year and is forecast to continue to face difficulties this year due to the impact of inflation in many countries around the world.

The digital economy made up 15.38% of Ho Chi Minh City’s gross regional domestic product (GRDP) in 2022, surpassing the year’s target of 15%.

To realise the targets of attracting 110 million tourists and earning some 650 trillion VND (27.5 billion USD) in revenue this year, Vietnam is recommended to develop more products and services to offer new experiences to visitors.

Nguyen Thi Lien, deputy general director of PPJ Group, a leading textile and garment manufacturer and exporter, said green consumption has become a trend in the global market, and manufacturers such as her company have made drastic changes to fall in line.

Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.

Vietnamese fresh fruits under code HS 081090, including tamarind, jackfruit, lychee, plum, passion fruit and starfruit, have earned a lion’s share in the Australian market.

Vietnam and Singapore hold substantial potential for cooperation in digital economy, science-technology and green economy, Dr. Pham Duc Minh from the Agency for Science, Technology and Research under the Singaporean Government has said.

Vietnam National Petroleum Group (Petrolimex) just approved the resolution of the Board of Directors on a plan to disinvest in Petrolimex Group Commercial Joint Stock Bank (PG Bank).

The State Bank of Vietnam set the daily reference exchange rate at 23,624 VND/USD on February 8, up 3 VND from the previous day.

Investment management firm VinaCapital said it expects Vietnam’s economy and stock market to “normalise” this year after the COVID-19 pandemic.

Prof. Pankaj JhaPankaj Jha from O. P Jindal Global University of India has highlighted prospects of Vietnam’s economic growth in his recent article published on the website moderndiplomacy.eu.

National flag Vietnam Airlines will resume five more routes between Vietnam and China in March and April, meaning nine out of its 10 routes to the destination are back to operation after the pandemic.

Vietnam’s total State budget collection in January is estimated at 183.7 trillion VND (7.78 billion USD), equal to 11.3% of the yearly estimate and down 0.5% year-on-year, announced the Ministry of Finance on February 7.

VinFast on February 7 announced U.S. Bank (listed as USB on New York Stock Exchange) has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the US.

Vietnam’s e-commerce is projected to continue booming in 2023 and developing firmly in the following years, aided by a series of growth drivers such as the wave of digital transformation, consumers’ trust, technological infrastructure, and favourable mechanisms and policies issued by the Government.

After the Lunar New Year holiday, many cooperatives, especially those in the food and beverage (F&B) sector, have accelerated their production to fulfil domestic and export orders.

Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase.

The State Bank of Vietnam set the daily reference exchange rate at 23,621 VND/USD on February 7, up 10 VND from the previous day.

Vietnam has been accelerating the disbursement of public investment since the beginning of this year after missing its target in 2022.