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(interactive) Vietnam’s economic performance in five months
Vietnam’s consumer price index (CPI) rose 3.55 % while its foreign investment and import-export revenue fell 7.3% and 14.7% during January - May, respectively.
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Vietnam’s economy in the first 7 months of 2023
Vietnam’s CPI rose 3.12% in the January - July period, foreign direct investment rose 4.5% and foreign tourist arrivals rose 6.9-fold. The country posted a trade surplus of around 15.23 billion USD.
Trade surplus of over 21.6 billion USD posted in first nine months
Vietnam’s total import-export turnover of goods hit 497.66 billion USD in the first nine months of this year, down 11 percent over the same period last year. Trade was in surplus to the tune of 21.68 billion USD.
Vietnam posts trade surplus of over 24.6 billion USD
Vietnam’s trade surplus hit a record 24.61 billion USD in the first 10 months of this year, 2.6-fold higher than the surplus of 9.56 billion USD posted in the same period of 2022.
Vietnam's trade surplus at over 24 billion USD in 11 months
Vietnam enjoyed a trade surplus of 24.44 billion USD as of November 15 this year.
2024 GDP growth target feasible: experts
Experts said Vietnam has the potential to achieve a GDP growth of 6-6.5% in 2024, driven by public investment, consumer spending, import-export recovery, and monetary policies.
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Resolution 68: International lessons for private sector development
A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.
Vietnam steps up cooperation with US businesses to attract international capital
Deputy Minister of Finance Nguyen Duc Chi expressed his hope that with their strengths in technology and international experience, US businesses can contribute significantly to the modernisation of Vietnam’s financial infrastructure and the development of technological solutions for the capital market.
Fuel import tariff proposed to be cut to 0% to stabilise supply
The draft proposes cutting the MFN tariff on unleaded motor gasoline and gasoline blending components such as naphtha and reformate from 10% to 0%. The tariff on diesel fuel, fuel oil, jet fuel and kerosene is also proposed to fall from 7% to 0%.
Rice exports up 5% in volume in first two months of 2026
In the first two months of the year, rice exports reached 1.3 million tonnes valued at 599.3 million USD, up 5% in volume but down 11.2% in value compared with the same period last year.
Reference exchange rate up 2 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 25,059 VND/USD on March 9, up 2 VND from the last working day of the previous week.
Vietnam’s overseas investment rises 2.3-fold in first two months
During the period, 36 new overseas projects were granted investment certificates with total registered capital from Vietnamese investors reaching 532.4 million USD, up 2.3 times compared to the same period last year. In addition, three projects adjusted their capital with an additional 7.8 million USD, 1.5 times higher than a year earlier.
Vietnam’s banking brand value surges to 14.7 billion USD in 2026
According to Brand Finance’s Banking 500 2026, Vietnam is represented by 13 banking brands in the global rankings, seven of which demonstrate notable double digit-growth over the past year, reflecting a progressive financial ecosystem.
Vietnam records strong increase in fuel imports in two months
Statistics of Vietnam Customs showed that Vietnam spent more than 1.44 billion USD importing 2.18 million tonnes of petroleum products in the first two months of this year, representing a sharp increase of 31.4% and 43%, respectively, over the same period last year.
Small consumer loan threshold proposed to increase to 400 million VND
A draft circular proposes increasing the threshold to 400 million VND for loans issued by credit institutions and 200 million VND for those provided by people’s credit funds.
PM requests boosting agricultural development in Northwestern region
PM Chinh encouraged local residents to explore additional crops and livestock suitable for intercropping in order to maximise land use efficiency. Farmers were also urged to strengthen cooperation with one another and with businesses by joining cooperatives, consolidating land resources and working together to expand production and improve incomes.
Promoting high-quality rice exports amid mounting challenges
According to the Ministry of Agriculture and Environment (MAE), an estimated 600,000 tonnes of rice worth 370 million USD was exported in January, up 12.4% in volume and 16.9% in value year-on-year. The average export price reached 616.6 USD per tonne, up 4%.
Fuel prices rise sharply from 3 pm on March 7
Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.
Capital’s fuel market remains stable after March 5 price adjustment
Operations at several petrol stations across Hanoi have run normally. Along major routes, petrol stations remained open and continued to serve customers as usual. The number of vehicles refueling showed no major changes compared to the days before the price adjustment. Sales activities continued without interruption, and there were no long queues or supply disruptions.
PM inspects construction progress of Gia Binh International Airport
Gia Binh International Airport is expected to become one of the world’s top 10 five-star airports, serving 30 million passengers and handling 1.6 million tonnes of cargo annually by 2030.
Vietnam takes urgent measures to ensure energy security amid Middle East conflict
the Government required oil contractors to prioritise selling crude oil or condensate which has not yet been committed for export to the domestic market if suitable for domestic refinery processing.
Green industrial parks draw FDI to northern Vietnam
From 2026, the industrial real estate market in the northern region is forecast to enter a new growth phase as strategic infrastructure projects near completion, supply expands, and green industrial parks become a decisive factor for foreign direct investment (FDI).
Master plan on Da Nang International Airport released
During 2021–2030, the airport is planned to meet ICAO Category 4E standards, with an annual capacity of about 20 million passengers and 100,000 tonnes of cargo.
Lam Dong orders swift action to address IUU fishing gaps
Vice Chairman of the provincial People’s Committee Le Trong Yen has directed heads of relevant departments, sectors and localities to strictly implement directives and newly issued regulations on IUU prevention, while strengthening public awareness efforts so fishermen and businesses better understand and comply with the rules.
Quang Ninh pilots weekend customs clearance at Mong Cai Int'l Border Gate
The move is expected to help ease congestion at the border, improve operational efficiency of relevant forces, and further promote cross-border trade.
Vietjet offers free luggage, gold prize draw in March promotion
Vietjet said the offer applies to routes linking Vietnam with destinations including the Republic of Korea, Taiwan (China) and Japan, which travellers can visit during the spring blossom season.
