Tag: growth
Ba Ria-Vung Tau to develop international port worth nearly US$230 million
Deputy Prime Minister Tran Hong Ha has approved adjustments to the investment policy for the My Xuan International General Port project, which was previously the Vinalines Ship Repair Factory.
Second working day of 13th Party Central Committee's meeting
The second and final working day of the 13th Party Central Committee's meeting took place in Hanoi on January 24.
Vietnam to become Asia-Pacific region's fastest growing economy in 2026
In its newly released ‘Global Economic Prospects’ report, the World Bank (WB) predicts that Vietnam's GDP growth in 2025 will reach 6.6%.
Banks' credit up 11.3% in HCM City in 2024
Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over VND3.9 quadrillion (US$153.3 billion), a 11.3% increase for the year, according to the central bank.
WEF affirms support to Vietnam’s sci-tech, innovation development efforts
VOV.VN - WEF will continue to connect Vietnam with major global corporations and investment funds to help foster its sustainable economic development and enhance its position on the international stage, said Professor Klaus Schwab, founder and executive chairman of the WEF, during a meeting with Prime Minister Pham Minh Chinh in Davos on January 22.
Import-export activities burgeoning in early days of 2025
VOV.VN - Since the first days of the new year 2025, Vietnamese businesses have quickly entered into a busy phase of production and exporting, as key industries such as textiles, footwear, electronics, and farm produce processing are ramping up to meet international market demands.
Vietnam’s global reputation, standing increasingly elevated: Lao scholar
Deputy Director of the Lao National Academy of Politics and Public Administration (NAPPA) Daosavanh Kheuamixay has praised Vietnam's impressive socio-economic achievements under the leadership of the Communist Party of Vietnam (CPV) over nearly four decades of doi moi (renewal) since 1986.
Hanoi sets ambitious growth targets for 2025-2030
Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.
Positive outlook for Vietnam’s banking sector in 2025
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14% in 2024 to 17% in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth.
Top five localities with the largest economies in 2024
The top five localities with the largest gross regional domestic product (GRDP) in Vietnam for 2024 are Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai and Hai Phong.