Business

More than 218,500 enterprises were established and resumed operations in Vietnam in the past 11 months of 2024, a year-on-year increase of 7.4%, according to the General Statistics Office (GSO).

Vietnam’s youth start-up ecosystem has attracted 529 million USD in venture capital funding for start-ups in 2024, according to a study.

The US new policy orientation and potential areas to promote bilateral economic and trade ties between Vietnam and the US were the major theme discussed at the Vietnam - US Cooperation Forum 2024.

Multinational technology company Google of the United States has unveiled plans to officially open its office in Vietnam as of April next year.

With Vietnam’s import-export revenue hitting a record high of US$715.55 billion during the 11-month period, exports are anticipated to reach nearly US$400 billion this year.

The consumer price index (CPI) during the past 11 months of the year soared by 3.69% compared to the same period from last year.

Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang witnessed the signing of an cooperation agreement between the Government of Vietnam and the US chip giant.

Vietnam attracted roughly US$31.4 billion in foreign direct investment (FDI) as of November 30, representing a slight annual rise of 1%.

A range of beachfront hotel rooms in the central city of Danang have seen high demand ahead of Christmas and the New Year.

The banking system's credit growth had risen by 11.12% as of November 22 compared to the end of 2023, hence the 15% growth target for the whole year is reachable.

The Government Office has released a Prime Minister Directive on enhancing human resource training to support the development of the semiconductor industry.

From being a minor exporter prior to 2013, Vietnam rose to number eleven in the global rankings of top exporters by 2023, emerging as a surprise player in global trade.

The mergers and acquisitions (M&A) market is eyeing a booming year in 2025 when delayed deals are likely to resume thanks to a better business environment, according to experts.

Vietnamese real estate magnate Trương Mỹ Lan's appeal against her death sentence for a billion-dollar fraud has been rejected due to its "unprecedented consequences.

Major corporations of Singapore have confirmed their commitment to investing in and expanding their operations in Vietnam, demonstrating their confidence in the country’s economic potential.

Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching US$60-61 billion this year, up US$7-8 billion compared to 2023.

Vietnam is set to lead Southeast Asia’s e-commerce revolution, given that this industry potentially drives national economic transformation.

(PR article)- Public Bank Vietnam and Oracle Corporation officially announced the implementation project of Oracle’s FLEXCUBE Core Banking solution in a signing ceremony held in Hanoi on December 2.

Despite a slowdown in 2024, Vietnam’s mergers and acquisitions (M&A) market is expected to regain momentum, driven by the country’s strong economic fundamentals and supportive government policies.