Sunday , November 24 2024

Business

Business

GDP expands 5% in 2023: Deputy PM

GDP expands 5% in 2023: Deputy PM

Vietnam’s GDP is anticipated to increase by approximately 5% in 2023, below the initial target yet significant in both regional and global contexts, Deputy Prime Minister Le Minh Khai stated. The government initially forecasted a 5% GDP growth in October, with Prime Minister Pham Minh Chinh informing the National Assembly …

Read More »

Foreign investment disbursement hits record high in 2023

A production line of Star Engineers Vietnam Co in Vĩnh Phúc Province’s Bình Xuyên Industrial Park. — VNA/VNS Photo Hoàng Hùng HÀ NỘI — Disbursement of foreign investment reached US$23.18 billion in 2023, up 3.5 per cent year-on-year and marking a record high thus far, a report from the Ministry …

Read More »

Deposit interest rate hits record low

Customers make transactions at a Vietcombank office in Hà Nội. Interest rate for short-term deposits from 1-2 months at Vietcombank is currently only 1.9 per cent per year, a decrease of 0.3 percentage points compared to the previous week. — Photo tapchitaichinh.vn HÀ NỘI — Savings interest rates have set …

Read More »

New strategies for attracting quality FDI to Việt Nam

  Việt Nam Institute for Economic and Policy Research’s Vice President Nguyễn Quốc Việt Robust foreign direct investment (FDI) flows into Việt Nam has become the spotlight of the Vietnamese economy on the backdrop of global slowdown and rising uncertainty. The Government has switched the FDI attraction policies towards quality inflow …

Read More »

Surimi, fishmeal exports expected to climb to $1b

Fish is the main ingredient for making surimi. Exports of surimi and fishmeal could reach US$1 billion a year in the near future. — Photo courtesy of the association HCM CITY — Exports of surimi (fish paste) and fishmeal could reach US$1 billion a year in the near future, according …

Read More »