VOV.VN - In 2024, Vietnam’s trade surplus with the US reached approximately US$140 billion, marking a nearly 20% increase from the previous year and setting a record high.

VOV.VN - Several important economic policies are taking effect this year, directly impacting individuals and businesses.

Starting on January 1, significant economic policies will come into effect, including regulations on contract-based passenger transport businesses, a six-month reduction in value-added tax (VAT), amendments to the 2019 Law on Tax Administration.

Vietnam has distinguished itself as one of the fastest-growing economies in the East Asia-Pacific region in 2024.

Dr. Kwak Sung-il, Director of the Security-Economic Strategy Bureau at the Korea Institute for International Economic Policy, has urged the Republic of Korea (RoK) and Vietnam to restructure their growth strategies toward emerging sectors such as semiconductor or clean energy in light of the rapidly evolving global economic landscape.

VOV.VN - The nation is currently the Republic of Korea (RoK)’s third largest trading partner, while the RoK has developed into the largest direct investor in country.

A book on the 30 years of socio-economic cooperation between Vietnam and the Republic of Korea (RoK) has been published by the Korea Institute for International Economic Policy (KIEP) on the occasion of the 30th anniversary of the Vietnam-RoK diplomatic relations (1992-2022).

For Vietnam to realise its aspiration for reaching high income status by 2045, the country will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments, a World Bank Group report says.

Digitalisation is key to economic recovery and crucial to Vietnamese firms' ability to compete and create value, said policymakers and business experts at a conference on December 15 discussing how the country's economic policies can help foster creativity and innovation among the business sector.