Vietnam records $1.3 billion trade surplus in Q1


The foreign-invested sector and mobile phones were behind strong export growth. Vietnam’s total import-export turnover reached an estimated $107.32 billion in the first quarter, up 17.7 percent against the same period in 2017, according to data from the General Statistics Office (GSO). Export value in the first three months increased to $54.31 billion, while imports ... ;

Vietnam pushes private sector development to boost growth


The PM is determined to make private enterprise the main engine behind the country’s economy. Laborers at a construction site in Hanoi. Photo by Reuters Vietnam is planning on generating half of its economic output from the private sector in the next two years, Prime Minister Nguyen Xuan Phuc has said. Speaking before a regional ... ;

Vietnam to sustain decade-high economic growth to 2020: PM


Private firms and rural areas are strategic points for future development, said Nguyen Xuan Phuc. Vietnam’s Prime Minister Nguyen Xuan Phuc shakes hand with U.S. President Donald Trump during Trump’s state visit to Hanoi in November, 2017. Photo by VnExpress/Giang Huy Vietnam will maintain its current economic growth until 2020 by giving private firms more ... ;

Vietnamese stock market breaks 11-year record


Real estate firm Vingroup JSC was the biggest contributor to the main index’s gain. People walk past the stock exchange centre in Hanoi, Vietnam January 26, 2018. Photo Reuters/Kham Vietnam shares scaled a record high on Monday on the back of gains in financials and real estate stocks, while most other Southeast Asian markets started ... ;

Vietnamese cities seeing some of world’s most rapid economic growth: report


An elevated railway line runs across the dense Hanoi. Photo by VnExpress/Ba Do Ho Chi Minh City and Hanoi enter the top 10 on a new ranking for urban economic momentum. Ho Chi Minh City has been ranked third and and Hanoi sixth on a new survey that measures urban centers’ short-term growth and modernization ... ;

Asia-Pacific nations sign sweeping trade deal without US


The CPTPP will reduce tariffs in countries that together amount to more than 13 percent of the global economy. Eleven countries including Japan and Canada signed a landmark Asia-Pacific trade agreement without the United States on Thursday in what one minister called a powerful signal against protectionism and trade wars. The deal came as U.S. ... ;