Wednesday , November 27 2024

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Vietnam’s economy to grow by 6.6% this year: OECD

Vietnam's economy to grow by 6.6% this year: OECD

Vietnam’s economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released by the Organization for Economic Co-operation and Development (OECD). The report states that Vietnam’s economic growth is driven by foreign investment in the manufacturing sector, especially electronics, machine manufacturing, textiles …

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Hoi An to collect entry fees from visitors to fund conservation

Visitors to Hoi An ancient town in central Vietnam will have to pay an entry fee from May 15, which will be used for its conservation. The fees are VND120,000 (US$5.11) for foreigners and VND80,000 ($3.41) for Vietnamese, according to the town administration. Nguyen Van Son, its chairman, said the …

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Imported cars flood local market despite of poor purchasing power

Imported cars flood local market despite of poor purchasing power

Vietnamese firms spent over $903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO). The cumulative import turnover of CBU cars in Q1 2023 increased by 76% in volume and 60.8% in value compared to the same period last …

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