Vietnam to have 18 more rail routes by 2050
The Ministry of Transport has submitted to the Prime Minister for approval of the railway network draft planning for 2021-2030, with vision towards 2050, which consist of 25 routes.
VNA
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InfographicState-owned enterprises outperform 2023 business plans
State-owned enterprises had basically gone ahead business and production plans in 2023, according to the Ministry of Planning and Investment.
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InfographicRecord trade surplus since 2009 in first two months
Vietnam’s exports stood at 59.34 billion USD in the first two months of this year, while imports totalled 54.62 billion USD. The trade surplus was therefore 4.72 billion USD, the highest since 2009.
InfographicVietnam's agro-aquatic-forestry exports reach nearly 10 billion USD
In the initial two months of 2024, Vietnam's agro-aquatic-forestry exports reached an impressive 9.84 billion USD. This marks a substantial surge of 50.3% compared to the same period in 2023.
InfographicVietnam’s FDI inflow surges 38.6% in two months
Total newly-registered foreign investment capital, adjusted and contributed capital to buy shares and buy contributed capital of foreign investors totalled 4.29 billion USD as of February 20, up by 38.6% compared to the same period in 2023. The disbursement of FDI capital is projected at some 2.8 billion USD, reflecting a 9.8% increase against the same period last year.
InfographicCoffee exports set to account for 80-85% of total production by 2030
The Ministry of Agriculture and Rural Development has set a target of Vietnam’s total coffee plantation area reaching 640,000 - 660,000 hectares by 2030, with exports expected to account for 80-85% of the country’s total production.
InfographicInt’l organisations upbeat about Vietnam’s 2024 GDP growth
The Asian Development Bank (ADB), Bloomberg, and HSBC have all forecast that Vietnam’s GDP growth could reach 6 percent in 2024. Standard Chartered Bank, meanwhile, has forecast 6.7 percent, surpassing Vietnam’s own growth target of 6-6.5 percent.