Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.

Vietnamese firms exporting to Europe and North America’s East Coast are being affected by Red Sea route changes, according to the Shinhan Securities Vietnam (SSV).

VOV.VN - Budget airline Bamboo Airways has received an Airbus A320 to increase the firm’s transport capacity during the coming lunar New Year holiday.

With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion.

Outstanding credit of the banking system is forecast to increase 4.4% in the first quarter and 14.2% in 2024, up 0.4 percentage point from the previous prediction of 13.8%.

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.

VOV.VN - Products sourced from various countries, including Vietnam, are expected to increase their market share in the United States amid Chinese exports to this market decreasing.

VOV.VN - The Central Institute for Economic Management (CIEM) unveiled two economic scenarios for Vietnam this year at a conference held on January 15 to release the report “Vietnam's economy in 2023 and prospects for 2024: Reforms to accelerate growth recovery”.

Thirty-two enterprises in various areas including building materials, consumer goods, garment and textile, food and services received the Ho Chi Minh City Golden Brand Award from the municipal People’s Committee on January 14 for the outstanding achievements they have carved out to develop brands for products and services.

VOV.VN - There are sanguine economic prospects ahead for Vietnam this year as foreign direct investment (FDI) inflows are anticipated to be further poured into the country over the course of 2024, especially in the semiconductor chip and high technology field, according to industry insiders.