Vietnam's economy has gone through one-third of the 2024 yearly plan and achieved some remarkable results, showing clear recovery momentum through the growth of important pillars.

Vietnam’s industry sector has seen continuous recovery with the index of industrial production (IIP) expanding 6.0% year on year in the first four months of this year, according to the Ministry of Industry and Trade (MoIT).

The capital city of Hanoi witnessed 9,400 enterprises enter the market with the total registered capital of VND97.6 trillion (US$3.84 billion) during January-April, falling 6% in the number of firms and rising 9% in capital as compared to the same time last year, according to the municipal Statistics Office.

VOV.VN - Vietnam’s disbursed FDI capital in the past four months rose 7.4% over the previous year’s corresponding period to US$6.28 billion, the highest in the past five years, according to the General Statistics Office.

VOV.VN - Foreign businesses poured US$1.68 billion into real estate projects in Vietnam in the first four months of this year, representing a fourfold increase compared to the same period last year, according to the General Statistics Office (GSO).

VOV.VN - Vietnam attracted nearly US$9.27 billion in foreign direct investment (FDI) as of April 20, representing an increase of 4.5% year on year, the General Statistics Office (GSO) reported.

A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

The People’s Committee of the southern province of Long An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doing business in the locality.