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Several provinces achieve record-breaking import-export growth

Several provinces achieve record-breaking import-export growth

In the first ten months of 2024, several provinces and cities in Việt Nam recorded remarkable improvements in import-export turnover.
Total retail sales up 8.5 per cent in January – August

Total retail sales up 8.5 per cent in January – August

Revenue from accommodation and catering services rose by 14.3 per cent while tourism rose by 26.2 per cent in the period.
Việt Nam attracts nearly 21 billion in FDI in eight months

Việt Nam attracts nearly $21 billion in FDI in eight months

The total registered foreign direct investment (FDI) in Việt Nam reached nearly US$21 billion as of August 31, up 7 per cent over the same period last year.
Total assets of VN credit institutions rise by 4.97%

Total assets of VN credit institutions rise by 4.97%

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VNĐ21.07 quadrillion, an increase of 4.97 per cent compared to the end of 2023
Insurance businesses earn 4.5 billion in revenue in H1

Insurance businesses earn $4.5 billion in revenue in H1

The life insurance sector has been facing difficulties following a crisis of confidence since the beginning of last year.
Bank lending on clear recovery path in HCM City

Bank lending on clear recovery path in HCM City

Total loans outstanding at banks in HCM City as of the end of March were worth over VNĐ3.57 quadrillion (US$142.57 billion), a 1.9 per cent increase from the previous month, and 9.45 per cent up year-on-year, according to the central...
Hà Nội: Key products make up nearly 35 per cent of total industrial production value

Hà Nội: Key products make up nearly 35 per cent of total industrial production value

Hà Nội is set to enhance support for them in brand building, technology transfer, workforce training, and product innovation.
Risk provision costs erode bank profits in Q3 2023

Risk provision costs erode bank profits in Q3 2023

The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export sectors.
Vietnamese companies to raise salaries this year more than foreign firms

Vietnamese companies to raise salaries this year more than foreign firms

The overall salary increase this year is 7.9 per cent at local companies, 0.2 percentage points higher than last year.
VAT cuts of 2 per cent to be extended

VAT cuts of 2 per cent to be extended

Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.
Agriculture sector achieves trade surplus of 8b in nine months

Agriculture sector achieves trade surplus of $8b in nine months

The total export turnover was estimated at $38.48 billion, down 5.1 per cent over the same period last year because the export value of several main export products decreased sharply.
SOEs management and operation show signs of improvement: MPI

SOEs management and operation show signs of improvement: MPI

SOEs'' total revenue was estimated at VNĐ1,136.621 trillion (US$46.73 billion) or 71 per cent of the annual target by the end of August, and 102 per cent compared to the same period last year. 
Trade surplus reaches US15.23 billion in seven months

Trade surplus reaches US$15.23 billion in seven months

The US was Việt Nam''s largest export market with an estimated turnover of $52.4 billion, and China was Việt Nam''s largest import market with an estimated turnover of $58.6 billion.
Export-oriented producers struggle to gain foothold at home

Export-oriented producers struggle to gain foothold at home

Around 30 companies in VASEP had banded together to form a club of home-targeted producers. They managed to raise their domestic sales to around 50 per cent of their total sales. 
State budget revenues from export-import down 18% in five months

State budget revenues from export-import down 18% in five months

During the period, the country''s total export-import value was estimated at $262.54 billion, down 14.7 per cent year-on-year.