Vietnam is viewed as an attractive destination for foreign investors thanks to its stable growth rate, its large domestic market, along with its young and well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam, speaking at the Annual Meetings of the IMF and the World Bank Group (WB) which was held recently in the US.

PSNews - In the first 3 months of 2024, Vietnam exported a large quantity of rice to Singapore, becoming the largest rice exporter to this market. Vietnamese rice now has a 32.3% market share in Singapore, according to the Vietnam Trade Office in Singapore.

The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 17 after 11 years of suspension in an effort to stabilize the domestic gold market that has made national headlines in recent times.

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.

The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over VND5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.

Vietnam always rolls out the red carpet for projects that lay the foundation for the development of the renewable energy industry, helping the Government complete policies and the investment environment in the sector, Deputy Prime Minister Tran Hong Ha said on March 13.

The Vietnamese economy is forecast to expand at 5.5% in the first quarter of the year as manufacturing and trade regain momentum, according to the United Overseas Bank Limited (UOB).

Vietnam’s gross domestic product (GDP) size last year was estimated to stand at about US$433.3 billion, ranking fifth in Southeast Asia, according to the latest figures released by the International Monetary Fund (IMF).

Vietnam's Ministry of Finance and State Securities Commission (SSC) organised a financial investment promotion conference in the Republic of Korea (RoK) themed "Vietnam - Investment Destination" in Seoul on March 7.

Prime Minister Pham Minh Chinh on March 3 called on state-owned enterprises (SOEs) to engage more intensively in the implementation of strategic breakthroughs regarding institutional perfection, personnel training and infrastructure development.

The Investigation Police Agency of the Ministry of Public Security has forwarded the file of the case of stock market manipulation related to the FLC Group Joint Stock Company to the Supreme People's Procuracy, recommending the prosecution of 51 defendants in the case.

The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024.

Export activities bustled on the first workday after the Lunar New Year (Tet) holiday on February 15 with many batches of goods departing for foreign markets such as the US, the EU and Australia.

There is great potential for Vietnam to increase its agricultural, forestry, and aquatic exports to the US, particularly when the quality and competitiveness of its products are improved.

Vietnam’s potential to develop the semiconductor industry is substantial, and the country is increasingly active in both regional and global semiconductor ecosystems. Insiders believe that Vietnam possesses the necessary conditions and factors to foster the growth of this industry.

Total retail sales of goods and revenue from consumer services in January were estimated at 524.1 trillion VND (21.47 billion USD), up 8.1% year-on-year, as consumers have been on the mood to shop for the upcoming Tet (Lunar New Year) Festival, according to the General Statistics Office (GSO).