The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.
According to the General Statistics Office (GSO), Việt Nam secured US$38.23 billion in FDI last year, positioning itself among the top 15 developing countries for FDI inflows. Notably, the disbursement of FDI capital hit a record high of $25.35 billion,...
Australia’s East Asia Forum commended Vietnam as an economic development model, crediting the new leadership for pushing hi-tech innovation, mega infrastructure and institutional reforms.
The expansion will cover 9.1ha in the Nhơn Hội Economic Zone and aims to boost production capacity for key product lines, targeting an output of 350,000 tonnes per year.
In the long term, proactively and comprehensively transitioning to a green economy will numerous opportunities for businesses, helping them enhance competitiveness and expand the market for sustainable, green products with great potential.
Secretary of the Lào Cai provincial Party Committee and Chairman of the People’s Committee Trịnh Xuân Trường discussed potential collaboration with Israeli Ambassador to Việt Nam Yaron Mayer during a meeting in Lào Cai city on February 19.
Nguyễn Văn Thi, Standing Vice Chairman of the Thanh Hóa Provincial People''s Committee, underscored the strategic significance of the two major projects in advancing Việt Nam''s chemical and garment industries.
Vân Đồn is striving to become an economic and cultural centre of the region, with focus on developing services and industries that utilise advanced science and technology.
VASS Vice President Đặng Xuân Thanh pointed out the successful models of such countries as the Republic of Korea (RoK) and Japan, which Việt Nam can learn from to enhance its competitiveness and integration into global supply chains.
HSBC Global Research latest report, on February 11, titled ''Vietnam at a glance - Let’s talk capital'' highlighted Việt Nam''s potential for being upgraded to emerging market status this year.
The Southern Coastal Economic Zone of Hải Phòng has officially come into being, expected to broaden the development space and growth momentum for the northern port city.