Vietnam aims for 8% economic growth with comprehensive solutions
Comprehensive solutions have been outlined to propel Vietnam's economy toward an 8% growth rate this year.
Comprehensive solutions have been outlined to propel Vietnam's economy toward an 8% growth rate this year.
Vietnam's socio-economic situation continued to recover in January, with macroeconomic stability maintained, inflation put under control, and major economic balances ensured.
Upgrading can no longer be delayed, Deputy Minister of Finance Nguyen Duc Chi declared, highlighting the urgency of meeting international standards to elevate Vietnam’s market classification.
Vietnam’s exports to India amounted to 9.06 billion USD, up 7.6% year-on-year, while imports from India stood at 5.8 billion USD, down 0.6%.
The Ministry of Construction said apartment prices are likely to continue soaring in 2025, following a hike last year.
Commercial banks have stimulated credit demand right from the start of the year to support economic growth.
VASEP said the strong price surge in early 2025 was largely due to limited supply.
According to the Vietnam Maritime Administration, the total cargo volume through the nation's port system reached approximately 864.4 million tonnes, up 14% year-on-year. Container throughput was estimated at 29.9 million TEUs, reflecting a 21% rise.
In 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment - construction, trade – services, and logistics.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,395 VND/USD on February 5, up 35 VND from the previous day.
Petrovietnam Ca Mau Fertiliser Joint Stock Company (PVCFC) has exported 100,000 tonnes of urea in the first days of the Year of the Snake 2025.
Flight volumes at major airports such as Noi Bai and Tan Son Nhat are expected to continue rising as post-Tet travel demand remains strong.
Toyota's hybrid car models recorded impressive growth with 565 units, an increase of 504% compared to the figure in January 2024.
Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday, reaching 85.33% of their total workforce, according to the municipal Labour Federation.
More than 95% of enterprises at industrial zones in the northern port city of Hai Phong have resumed normal operations.
Import-export activities at Lao Bao and La Lay international border gates in the central province of Quang Tri have experienced a sharp rise in the early days of the Lunar New Year, indicating a positive economic outlook for 2025.
Prime Minister Pham Minh Chinh requested the Ninh Thuan nuclear power plants be completed by December 31, 2031 at the latest.
Vietnam shipped nearly 51.7 billion USD to the European Union in 2024, marking an 18.5% increase, equivalent to an additional 8.08 billion USD compared to the previous year.
In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced various tax relief programmes for 2025, with reductions and deferral measures aimed at stimulating economic growth.
Vietnam has six billionaires after chairman of Masan Group Nguyen Dang Quang rejoining the Forbes’ latest list of the world’s richest individuals.