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).
Vietnam’s coffee exports reach nearly US$4.2 billion in 2023
Vietnam shipped 1.61 million tonnes of coffee abroad in 2023, earning US$4.18 billion, down 9.6% in volume but up 3.1% in value year-on-year.
FTAs give fresh impetus to economic growth, market diversification
VOV.VN - The benefits of free trade agreements (FTAs) have exerted a positive impact on the socio-economic development of localities across the country, especially in terms of accelerating trade growth and market expansion, according to insiders.
VinFast has first five dealers in US
VinFast, Vietnam’s first electric vehicle maker, on January 2 announced the signing of agreements with its first five dealers in four states of the US, bringing opportunities for customers to experience VinFast electric vehicles.
Central bank sets credit growth target of 15% in 2024
The State Bank of Vietnam (SBV) has set a credit growth target of 15% for the domestic banking system in 2024.
PM attends ground-breaking of Lang Son - Cao Bang expressway
Prime Minister Pham Minh Chinh on January 1 attended a ground-breaking ceremony of the first phase of a project to build an expressway connecting the two northwestern border provinces of Lang Son and Cao Bang.
Da Nang International Airport receives Skytrax’s 5-star rating
Da Nang International Airport in the central city of Da Nang has become the first and the only terminal in Vietnam to be certified as a 5-star airport by international airport rating agency Skytrax, according to Do Trong Hau, deputy general director of the Da Nang International Terminal Investment and Operation Joint Stock Company (AHT).
Hanoi-HCM City becomes world’s 4th busiest domestic air route
The Hanoi-Ho Chi Minh City air route recorded over 10.8 million seats sold between October 2022 and September 2023, making it the fourth busiest domestic air route in the world in 2023, according to statistics from air travel data provider OAG.
Stock market capitalisation tops 60% of GDP
The market capitalisation of Vietnam’s stock market approximated VND6 quadrillion (US$246.7 billion) in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show.
Capital to be prioritised for spearhead sectors: central bank
The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.