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Vietnam's exports to EU, US see sharp downturn in 2023
Vietnam's exports to the EU and the US in 2023 were estimated to reach around US$166 billion, a 9.6% decrease while imports were estimated at nearly US$41 billion, a 9.1% drop in comparison to 2022.
Online sales tax collection over US$22 million in 2023
Revenue from e-commerce for domestic organisations and individuals reached VND536.5 billion (over US$22 million) this year, reported the General Department of Taxation (GDT).
Vietnamese comic artist wins silver at int’l manga awards
Nachi Nguyen, a Vietnamese manga (Japanese comic) lover and comic artist, has won the silver prize at the Japan International Manga Awards with her work “Dieu nhay cua vu tru” (The Dancing Universe).
Half marathon, race walking events to ring in New Year
Music, dance and sport will make up a brilliant year-end and New Year celebration through the Herbalife Countdown Party 2024 in Hanoi.
Vietnam conference to redefine global cashew supply chain
The 13th VINACAS Golden Cashew Rendezvous to be held from February 26 to 28 in Quang Binh Province’s Dong Hoi City will seek to redefine the global supply chain after COVID-19 and this year’s economic downturn, according to the Vietnam Cashew Association.
Deposit interest rates hit record low
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
ICAEW: Vietnam, a soft 2024, but a bright medium-term outlook
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Vietnam's economy to grow by 4.7% in 2023.
Bank bad debts forecast to remain under great pressure in 2024
Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.
Severe cold spell to end early this week in North
The severe cold spell, which has blanketed the northern region as well as the north-central provinces of Thanh Hoa and Nghe An for about 10 days now, is expected to end early this week.
More foreign travellers to visit Vietnam: Travel sites
Vietnam this year has consistently grown in attractiveness to travellers worldwide, according to online travel platforms.