Economy

Vietnam is the first country in the Asia-Pacific region to receive payments based on emissions reduction results from the World Bank's Forest Carbon Partnership Fund.

All Vietnamese billionaires advance in the Global Rich List 2024, announced by research firm Hurun.

US academics considered Vietnam one of the world's most successful economies in terms of transformation over the past two decades.

Hanoi has nine operational industrial zones covering an area of 1,670.6 hectares.

There are approximately 660,000 hectares of coffee plantations in the country.

Firms are increasingly optimistic that the sector will move back into gear in the months ahead, and this confidence helped to drive accelerated job creation at the end of the first quarter.

There are currently 418 industrial parks in Vietnam, covering an area of about 89.2 thousand hectares, of which 298 are in operation and 120 are under construction.

The electricity sector will focus its resources on completing power generation projects and grid infrastructure.

This represents the highest growth rate for the same three-month period compared to the years 2020 through 2023.

The value of the Vietnamese F&B market is expected to grow by 10.92% this year compared to 2023.

Vietnam has so far been successful in achieving the goal of “degoldizing" the economy.

Japanese firms are eager to expand in Vietnam and boost economic cooperation in various fields, including industrial support, digital transformation, high-quality workforce training, and global supply chain development.

In 2024, the housing market shows more positive signs than in 2023, but there will be differences in the timing of the recovery across segments.

Singapore remains the top investor with a total investment capital of over $2.5 billion, up more than 51% from the same period last year.

The planning project is expected to not only help alleviate population density in the inner city area but also serve as a driving force for the sustainable development of the capital city, namely the city-within-a-city model.

Over 300 international businesses and 600 delegates attended the Vietnam Global Manufacturing 2024.

According to Savills, foreign investors are increasing their interest in retail and hotels and traditional segments such as residential and offices.