Economy

With its strategic geographic location near major Muslim countries, Vietnam has a huge advantage to access the Halal markets, many of which are open to importing local agricultural products.

The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.

The Ministry of Finance has proposed Vietnam's VAT reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

Vietnam’s shrimp exports in October reached US$394 million, a strong 24% increase year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The official visit to Malaysia by Party General Secretary To Lam is expected to open up new opportunities for and mark a new milestone in the economic and trade cooperation between Vietnam and Malaysia.

In recent times, complicated epidemics in livestock and poultry have greatly affected the economy of livestock farmers, threatened public health and are at risk of continuing to increase.

A delegation of the World Bank (WB) led by Vice President for East Asia and the Pacific Manuela V. Ferro on November 19 paid a working visit to the Mekong Delta city of Can Tho.

Vietnam exported 7,260 tonnes of rubber to Malaysia, valued at 11.5 million USD in October, surging by 861% in volume and 1,240% in value year-on-year, according to the General Department of Customs.

The U.S. Department of the Treasury has officially announced in its latest report that Vietnam does not manipulate currency.

Can Giuoc district is focusing on developing products under OCOP program with the goal of gradually building key, typical agricultural products to increase economic value and agricultural production efficiency.

Vietnam’s tra fish export could reach the set target of 2 billion USD this year driven by industry improvements, heard a workshop held in Cao Lanh city, the Mekong Delta province of Dong Thap, on November 17.

In a remarkable display of economic resilience, Vietnam's import-export turnover is poised to hit an unprecedented 800 billion USD this year, significantly surpassing the 2022 record.