Vietnam attracts more than US 18 billion in FDI after seven months

Vietnam attracts more than US$18 billion in FDI after seven months

Vietnam attracted more than US$18 billion in foreign direct investment (FDI) during the past seven months of the year, representing an increase of 10.9% against the same period from last year, according to details given by the Foreign Investment Agency (FIA).
Vietnam gets over 1 3 billion USD from durian exports in first half
Vietnam gets over 1.3 billion USD from durian exports in first half
Durian exports may surpass 3 billion USD in 2024, the Vietnam News Agency quoted the information of General Secretary of the Vietnam Vegetable and...
Vietnam listed among world’s best holiday destinations in August
Vietnam listed among world’s best holiday destinations in August
Famous British travel website Affordable Luxury Travel recently published an article unveiling the best places worldwide to visit during August, with...
Vietnamese students win big at Int’l Math Olympiad 2024
Vietnamese students win big at Int’l Math Olympiad 2024
Vietnam's national team has secured impressive results at the 2024 International Mathematical Olympiad (IMO) in the UK, Vietnam News Agency quoted...
Overseas remittances to HCMC reaches nearly 5 2 billion USD
Overseas remittances to HCMC reaches nearly 5.2 billion USD

In the first half of 2024, overseas remittances to Ho Chi Minh City (HCMC) reached nearly 5.2 billion USD, equivalent to 54.7% of last year's figure and up 19.5% year-on-year, the Vietnam News Agency quoted the information released by Mr. Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)'s HCM City branch.

Tourists from Vietnam to Thailand get 60-day visa free period
Tourists from Vietnam to Thailand get 60-day visa free period

VOV reported an announcement on July 15 in the Thai Government news outlet the Royal Gazette that Thailand’s Prime Minister Srettha Thavisin has signed a decision to allow 60-day visa-free travel for tourists from Vietnam and 89 other countries as part of measures to promote tourism and encourage longer stays.

US represents Vietnam s largest export market in H1
US represents Vietnam's largest export market in H1

With US$54.3 billion in export earnings, the US represented Vietnam's largest export market in the first half of 2024, and exports to the highly lucrative market are forecast to see continued growth in the time ahead, reported the Voice of Vietnam.

International tourists to Binh Thuan and Ninh Thuan soar
International tourists to Binh Thuan and Ninh Thuan soar

The number of local and international tourists to Binh Thuan and Ninh Thuan southcentral provinces during the first half of 2024 soar, Radio the Voice of Vietnam quoted the figures given by local authorities.

Tea exports grow 26 7 in first half
Tea exports grow 26.7% in first half

Vietnam grossed US$108 million from exporting 61,000 tonnes of tea during the first half of the year, up 26.7% in volume and 32.1% in value on-year, reported the Voice of Vietnam according to details given by the General Department of Vietnam Customs.

Vietnam emerges potential market of Korean food firms
Vietnam emerges potential market of Korean food firms

The Republic of Korea (RoK)’s food industry targets Vietnam as a premier market for K-Food as companies entering the Southeast Asian country early continue to consider it as a key market for their overseas business operations, said insiders, reported Vietnam News Agency.

Economic growth recovered to pre-COVID-19
Economic growth recovered to pre-COVID-19

The better-than-expected growth and a big trade surplus were among the results recorded during the first half of 2024, heard the Government’s regular press meeting held in Hanoi on July 6, reported Vietnam News Agency.

CNN hails Vietnamese local beverage salt coffee
CNN hails Vietnamese local beverage salt coffee

VOV reported that prestigious website CNN Travel of the United States recently published an article hailing the local beverage salt coffee, or cà phê muối, which has become increasingly popular on social media platforms in recent months.

MTA Vietnam 2024 lures over 320 exhibitors
MTA Vietnam 2024 lures over 320 exhibitors

The 20th International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference (MTA Vietnam 2024) kicked off in Ho Chi Minh City on July 2, gathering more than 320 exhibitors from 15 countries and territories, reported Vietnam News Agency.

Vietnam’s crab exports to China in five months soar by 502
Vietnam’s crab exports to China in five months soar by 502%

Vietnam’s crab exports to the Chinese market from January to May of 2024 reached more than US$41 million, an increase of 502%, thereby turning China into the largest consumer of Vietnamese crab, the Vietnam News Agency quoted the statistics of the General Department of Vietnam Customs.

Vietnam cuts VAT to 8 till year end
Vietnam cuts VAT to 8% till year end

The Government on June 30 issued a decree regulating a reduction in value-added tax (VAT) on goods and services from July 1 to December 31, in accordance with Resolution 142/2024/QH15 adopted by the National Assembly on June 29, reported Vietnam News Agency.

Over 8 8 million foreign tourists visit Vietnam in six months
Over 8.8 million foreign tourists visit Vietnam in six months

Vietnam welcomed more than 8.8 million foreign arrivals during the first half of the year, marking an annual rise of 58.4% and up 4.1% compared to the same period from 2019 before the COVID-19 pandemic broke out, the Vietnam News Agency quoted the figures of the General Statistics Office (GSO).

Nation sees strong growth in agro-forestry-fishery trade surplus
Nation sees strong growth in agro-forestry-fishery trade surplus

Vietnam has recorded an estimated agro-forestry-fishery trade surplus of 8.28 billion USD during the first half of 2024, surging 62.4% year on year, reported Vietnam News Agency quoting statistics from the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s growth forecast at nearly 6 this year IMF
Vietnam’s growth forecast at nearly 6% this year: IMF

The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.

Vietnam Airlines reopens Hanoi-Chengdu air route
Vietnam Airlines reopens Hanoi-Chengdu air route

Vietnam Airlines, the national flag carrier, on June 25 resumed its direct air route linking Hanoi to Chengdu, China, with a frequency of four flights a week, on Tuesdays, Wednesdays, Fridays, and Sundays, said the Vietnam News Agency.

Vietnam’s rubber exports to Sri Lanka rise
Vietnam’s rubber exports to Sri Lanka rise

The first five months of the year witnessed the Sri Lankan market abruptly increase rubber imports from Vietnam with a growth of 435.7% in volume and 530.5% in value, reported VOV News.

Vietnamese businessman appointed as Honorary Consul in HCMC
Vietnamese businessman appointed as Honorary Consul in HCMC

A ceremony was organized by the Consular Department under the Ministry of Foreign Affairs on June 19 to recognize Bui Quang Minh, a famous businessman in the Vietnamese startup community, as Honorary Consul of Slovenia in Ho Chi Minh City, said the Vietnam News Agency.