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MoIT sets export growth at 6% in 2025

MoIT sets export growth at 6% in 2025

The recovery of major markets such as the US and EU will be an important driving force for exports, especially in electronics, consumer goods and textiles, the MoIT said.
Việt Nam sets ambitious target of one million car sales in 2030

Việt Nam sets ambitious target of one million car sales in 2030

The total number of cars sold on the market by 2030 could reach 1-1.1 million units, doubling the record set in 2022.
Strong economic performance in H1 calls for continued efforts toward year-end goals

Strong economic performance in H1 calls for continued efforts toward year-end goals

If there are no major fluctuations, the General Statistics Office (GSO) predicts that Việt Nam is likely to reach its 2024 annual growth target, estimated between 6 and 6.5 per cent.
Inflation target is achievable, wage increase expected not to have significant impact on prices

Inflation target is achievable, wage increase expected not to have significant impact on prices

The inflationary pressure is not significant in the second half of this year, Nguyễn Đức Độ, Deputy Director of the Institute of Economics and Finance said. The inflationary drivers in the first half of this year mainly came from the...
The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

Việt Nam’s 2024 economic growth target of 6.5 per cent is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy
PV Power aims to raise electricity output

PV Power aims to raise electricity output

The corporation''s pre-tax profit reached VNĐ995 billion and after-tax profit reached VNĐ824 billion.
Green power push

[Videos] Green power push

With the commitment to the net-zero target by 2050, Việt Nam is looking to harness LNG-fuelled power for its high energy values and lower emissions. However, the current challenging situation requires more stringent actions for the country’s sustainable development.
Việt Nam prepares for carbon tariffs in pursuit of net-zero emission target

Việt Nam prepares for carbon tariffs in pursuit of net-zero emission target

An official circular on measuring greenhouse gas emissions (GHG) is expected to be released this November, followed by training courses for businesses to comply with GHG control.
Industrial sector faces the most difficulties in Việt Nams economy

Industrial sector faces the most difficulties in Việt Nam's economy

Deputy Minister of Planning and Investment Trần Quốc Phương spoke to Vietnam News Agency about solutions that are implemented until the end of the year to reach the economic growth target.
Power plan one step closer to net-zero target

Power plan one step closer to net-zero target

Against a back of complicated geopolitical conflicts and fast-paced technological advancement, Plan VIII would require unconventional ways of implementation to get its results within such a short time frame. 
Firms urged to make greater efforts to fulfil year-end export target

Firms urged to make greater efforts to fulfil year-end export target

The latest report from the General Statistics Office showed that the country''s trade surplus reached US$9.4 billion over the past 10 months, compared to modest $630 million in the same period last year, according the (GSO).
Viet Nam hits 2021 garment export target

Viet Nam hits 2021 garment export target

Việt Nam’s textile and garment export value this year is estimated at US$39 billion, up 11.2 per cent year-on-year, according to an official from the Viet Nam Textile and Apparel Association (VITAS).
Viet Nam to stay on dual-target virus strategy

Viet Nam to stay on dual-target virus strategy

The government is to continue with the country''s dual-target strategy, pursuing socio-economic development while keeping the spread of the novel coronavirus in check, said Prime Minister Phạm Minh Chính during an online meeting with local government leaders and the business...
HCM City unveils export targets for next decade

HCM City unveils export targets for next decade

HCM City has set itself an export target of US$108 billion by 2030, up from the last year’s $40 billion.
More monetary easing measures forecast in 2020

More monetary easing measures forecast in 2020

The State Bank of Viet Nam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5 per cent this year in light of a weak economic outlook, experts forecast.