Vietnam has regained its position as the “growth star” of the Association of Southeast Asian Nations (ASEAN), said the Hong Kong-Shanghai Banking Corporation (HSBC) when evaluating Vietnam’s economic development in 2024.

VOV.VN - Vietnam secured the largest export growth rate to Singapore over the past 11 months of the year compared to other markets that imported its products.

As 2024 draws to a close, Vietnam’s economy is nearing the finish line of its annual targets, and continued efforts are needed to secure the best possible outcomes.

The corporate bond market continued its robust recovery with an average transaction value of VND11.54 trillion (US$453.5 million) per session, up 77% compared to the previous year.

While Vietnam's exports to the US have bolstered GDP growth this year, domestic factors, including the Government’s increasing spending on infrastructure, real estate market recovery, and consumption, will help the country maintain its economic expansion at around 6.5% in 2025.

The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.

Domestic, international industrial parks and related stakeholders shared experiences implementing smart industrial park models and proposed policy solutions to transition Vietnamese industrial parks from traditional models to smart and sustainable ones at the Vietnam Industrial Park Forum.

VOV.VN - Prime Minister Pham Minh Chinh has issued a directive outlining key measures to boost economic growth in 2025, with the aim of securing a GDP growth rate of over 8%.

VOV.VN - Prime Minister Pham Minh Chinh has directed Da Nang city to position itself as a ‘pioneer’ in economic development in the central region, aiming for breakthrough growth with a target of double-digit GDP growth in the coming years.

VOV.VN - Oxford Economics forecasts that Vietnam's GDP will grow by 6.7% this year and 6.5% next year, driven by a stable manufacturing sector and a rapid recovery in domestic demand.