The southern province of Binh Duong has targeted a GRDP (Gross Regional Domestic Product) growth of 8.4 – 8.6 percent and per capita income of 140 million VND (more than 6,030 USD) this year.
Prime Minister Nguyen Xuan Phuc has asked ministries, sectors and localities to continue consolidating macro-economic stability and promoting growth, calling this the most important task for 2019.
Vietnamese consumers’ preferences for locally-made confectionaries, jams, and cookies, among others, have been on the rise for the upcoming Tet (Lunar New Year) festivities.
The digital age offers opportunities for the world economy, creating new business models, which helps boost global gross domestic product (GDP).
Motorcycle sales in 2018 broke the record set seven years ago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market during the year.
Vietnam’s real estate market will see strong development in the middle-end apartment segment, according to experts.
In 2018, total export value increased by 13.8% while import value rose by 11.5% year-on-year. Vietnam's trade surplus in the year reached US$7.2 billion.
Prime Minister Nguyen Xuan Phuc attended the launch of the Van Don International Airport, Ha Long International Passenger Terminal, and Ha Long-Van Don Expressway in the northern province of Quang Ninh on December 30.
Businesses based in Ho Chi Minh City recorded a year-on-year increase of 7.8 percent in their export revenue this year to reach 38.32 billion USD, according to the municipal Department of Industry and Trade.
The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.
With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.
The southern province of Binh Phuoc ran a trade surplus of nearly 1 billion USD this year, according to its economic growth report 2018.
Human resources governance is a strategic factor for sustainable corporate development, heard the Vietnam Business Forum held in Ho Chi Minh City on December 12.
Vietnam has seen a gradual increase in its proportion of industrial and agricultural, forestry, and aquatic products exported to China, and a reduction in its export of raw materials, fuels, and minerals, heard a forum in Ho Chi Minh City on December 5.
The total export value of agro-forestry-fishery products from January-November expanded 9.1 percent year-on-year to reach 36.3 billion USD.
Vietnam’s seafood export turnover in November reached 852 million USD, raising the total value in 11 months to 8.1 billion USD, a year-on-year increase of 6.8 percent.
Vietnamese Minister of Finance Dinh Tien Dung held talks with his Chinese counterpart Liu Kun in Beijing on November 27 as part of his working visit to China from November 25-30.
Vietnam registered to invest 303.5 million USD abroad in the first 11 months of this year, plus 55 million USD worth of additional capital for existing overseas projects.
The ASEAN and other new regional Asian groups became the focus of a plenary session on November 26, part of the 2018 Horasis Asia Meeting held in the southern province of Binh Duong.
The United States Agency for International Development (USAID) and Vietnam Chamber of Commerce and Industry organized a workshop on November 23 and 24 in Quy Nhon where business leaders in Central Vietnam pledged to actively combat illegal wildlife consumption, tapping new programs to shed light on wildlife crime and myths about consumption that are driving the trade in and through the country.