Business

Air tickets on many domestic routes have decreased following the Tet Lunar New Year price hikes.

The 2024 list of the top 500 fastest growing enterprises in Vietnam has been released by the Vietnam Report JSC.

Vietnam’s gross domestic product size last year was estimated to stand at about US$433.3 billion, ranking fifth in Southeast Asia, according to the latest figures released by the International Monetary Fund.

2024 will continue to be a challenging year for the leather and footwear industry but there are still many prospects to increase exports this year, according to Vice President and General Secretary of the Vietnam Leather, Footwear and Handbag

Non-cash payment transactions increased by 63.3 percent in volume and 41.45 percent in value in January, compared to the same period last year, reported the State Bank of Vietnam.

The key southern economic region remains an attractive destination for foreign investors with a series of foreign-invested projects licensed in the past two months of this year.

Gold shops in Vietnam are reporting soaring demand as domestic prices have set new records over the past few days.

Vietnamese coffee growers are reaping significant profits from sharply increasing coffee prices.

Vietnam's aquatic product exports could reach 9.5 billion USD in 2024, said Nguyen Thi Thu Sac, Chairwoman of the Vietnam Association of Seafood Exporters and Producers.

The Ministry of Industry and Trade and the Ministry of Finance have jointly decided to reduce petroleum prices from 3 pm today, March 7.

PM Pham Minh Chinh has tasked the State Bank of Vietnam with leading and coordinating governmental ministries and agencies to keep interest rates low and financial access easier for businesses.

Contrary to the current quietness of the life insurance industry, the non-life insurance industry has seen large acquisition deals of foreign investors.

Vietnam’s public debt has been kept at a sustainable and stable level, giving the country room to implement reasonable and expansionary fiscal policies when necessary, said Finance Minister Ho Duc Phoc.

The rapid development of e-commerce in recent times has posed significant challenges to the tax management in Vietnam.

The total retail sales of goods and consumer service revenue in February increased by 8.5% over the same period last year to 509.7 trillion VND, according to the General Statistics Office.

The foreign direct investment sector maintained its role as an export pillar of Vietnam’s economy with revenue of 43.2 billion USD in the first two months of this year, accounting for 72.8% of the country’s total export value.

Sixty-seven out of 84 foreign e-commerce services providers registered in Vietnam have paid a total of more than VNĐ2 trillion (US$83.3 million) in tax in the first two months of this year, according to the General Department of Taxation.

The Vietnamese manufacturing sector continued to grow marginally in February with both output and new orders up for the second month straight, according to a release on Friday by S&P Global Vietnam.

The total State budget revenue in the first two months of 2024 reached over 361.67 trillion VND (nearly 14.67 billion USD), equivalent to 24.3% of the projection for the whole year, and 112.9% compared to the figure recorded in