Vietnam expects to attract US$39-40 billion in foreign direct investment (FDI), according to forecasts to the end of the year.
Standard Chartered has revised up its forecast for Vietnam’s 2024 GDP growth to 6.8% from the previous 6.0%, reflecting the stronger-than-expected expansion in the third quarter of this year.
In its recent article, the Chinese Ministry of Commerce's newspaper on international trade has praised Vietnam’s foreign direct investment attraction and economic development over the past time, and highlighted the cooperation potential between the two nations in its recent article.
Party General Secretary and State President To Lam hosted receptions for the ambassadors of Thailand, Comoros, Burkina Faso, Niger, and Suriname to Vietnam, who came to present their credentials to the top leader in Hanoi on October 18.
VOV.VN - Italian-flagged passenger cruise ship the Costa Serena docked at Ha Long International Cruise Port in Vietnam’s Quang Ninh province on October 18, bringing 3,040 travellers from Hong Kong (China) to Ha Long City.
VOV.VN - Vietnam has been, is, and will continue to consult with both Laos and Cambodia as part of efforts step up extensive, substantive, and effective co-operation between the three countries, in line with development requirements in the new period, for the benefit of their peoples, for the ASEAN Community, for peace, for co-operation, and for greater development in the region.
VOV.VN - Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son on October 17 met with the Australian Minister for Trade and Tourism, attended a workshop of the Australia-Vietnam Policy Institute Conference, and visited the University of Adelaide as part of his four-day visit to Australia at the invitation Australian Minister for Foreign Affairs Penny Wong.
The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.
After cooling down in August 2024 and bottoming out at the end of September, the USD/VND exchange rate has shown signs of increasing again since the beginning of October.
With the development of the high-speed North-South railway project, the focus has turned to training a local workforce to minimise dependence on foreign expertise in express rail operations.