State budget revenue reaches 1.54 quadrillion
According to a report of Ministry of Finance in 2019 rate of State budget revenue mobilisation reaches 25% of GDP, taxation and fee mobilisation accounts for 21% of GDP.
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InfographicCommemoration of Hung Kings - Gathering the spirit of patriotism
The Commemoration of the Hung Kings and the Hung Kings Temple Festival are among the most important festivals of the year for Vietnamese people. The worship of the Hung Kings is not only part of the cultural identity of the Vietnamese community but has also transcended national boundaries to become an Intangible Cultural Heritage of Humanity.
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Business
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
Business
InfographicFour commodities post Q1 export value of over 5 billion USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
Business
InfographicCPI rises 3.77% in Q1
Vietnam’s Consumer Price Index (CPI) increased 3.77% year-on-year in the first quarter of 2024 due to rising prices for domestic rice and services such as electricity, water, education and healthcare.
Business
InfographicAdded value of industrial sector up 6.18% in Q1
Vietnam’s industrial sector posted significant growth in the first quarter of 2024, of an estimated 6.18% compared to the first quarter of 2023. In particular, manufacturing and processing saw robust growth of 6.98%.
Business
InfographicOver 36,200 new enterprises established in Q1
A total of 36,244 new enterprises were set up in the first quarter of this year with combined registered capital of 332.2 trillion VND (13.3 billion USD), up 6.9% in number and 7% in capital.
