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.
The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.
VOV.VN - Vietnam raked in US$2.89 billion from exporting 2.14 million tonnes of rubber last year, suffering a fall of 0.04% in volume and 12.7% in value compared to the figure from 2022, according to details given by the Ministry of Industry and Trade.
VOV.VN - Foreign-invested enterprises (FIEs) contributed US$259.95 billion out of Vietnam’s total export turnover of US$355.5 billion last year, according to figures released by the Ministry of Industry and Trade.
Vietnam aims to produce 1.7 million tonnes of commercial tra fish and earn US$2 billion from exporting the products in 2024, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
VOV.VN - Boasting a highly-open economy, Vietnam has great potential to attract high-quality foreign direct investment (FDI) from major enterprises worldwide, according to insiders.
VOV.VN - The Vietnamese Government's determination to overcome difficulties and devise strong support solutions will be factors which have a positive impact on economic growth this year, while also creating momentum for progress in the medium term, according to international organisations and economic experts.
Vietnam’s public debt in 2023 amounted to VND3.8 quadrillion, equivalent to 37% of gross domestic product (GDP), according to the Ministry of Finance.
VOV.VN - Although the Vietnamese textile and garment sector faced numerous challenges last year, it grossed more than US$40 billion in turnover thanks to a number of stable markets, according to industry insiders.
VOV.VN - Da Nang Port Joint Stock Company welcomed the first tonne of cargo at Tien Sa Port on January 1, the first day of New Year 2024.