Vietnam raked in an estimated 6.42 billion USD from forestry product exports in the first half of 2023, down 28.8% year on year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development. The revenue, equivalent to 36% of this year’s target, comprises 5.96 billion USD worth of wood and wood […]
Read MoreSome international reports and websites have listed VN among the countries that are friendly to retiree expats for its affordability, however, those who want to retire here are being hampered because of challenges they need to overcome to get a visa. Vietnam could be an ideal retirement destination for elderly people looking for a great lifestyle […]
Read MoreThe Ministry of Planning and Investment (MPI) has built two scenarios for GDP growth in the second half of the year, based on the situation in the first half. In the first scenario, the yearly GDP is envisioned to expand by 6%, so the growth in the third quarter should reach 6.8% and 9% in […]
Read MoreRetail firms of the Republic of Korea (RoK) are stepping up efforts to tap into the Vietnamese market, which has huge growth potential thanks to its rapid economic growth and a high proportion of the working age population. Lotte Group, one of the top two retail giants in the RoK along with Shinsegae, is the […]
Read MoreWhile car imports have slowed down, domestically assembled output has increased sharply. Manufacturers are preparing for the year-end sale season, when domestically made cars will enjoy a 50 percent vehicle registration tax cut. A report by the General Statistics Office (GSO) released on June 29 showed that 42,500 cars were added to the Vietnamese market […]
Read MoreThe number of international passengers passing through Vietnamese airports reached 15 million during the initial six months of this year, up 493.5%compared to the same period last year, according to the Airports Corporation of Vietnam (ACV). ACV said that there were a total of 56.8 million air passengers in Vietnam in the period, representing a […]
Read More
Thailand
