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Vietnam is 10th worldwide in remittance

Vietnam receives total US$19 billion worth of remittances in 2022, up 5.5% on-year. Vietnam received a total of $19 billion in remittances in 2022, ranking it 10th in the world, according to a report by the Global Knowledge Partnership on Migration and Development (KNOMAD). This position represents an increase of one place with respect to […]

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Vietnam: Second-hand market grows in popularity

HO CHI MINH CITY: The consumption habits of Vietnamese people are changing after the Covid-19 pandemic, with many using second-hand products to save money and promote sustainability. In fact, this habit has been developed among Vietnamese people for many years, with many markets selling second-hand products in big cities such as Hanoi, Hai Phong and […]

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Vietnam: FTAs a silver lining for economic growth

The country’s trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the updates of the General Statistics Office. New-generation free trade agreements (FTAs) continue to be a silver lining in Vietnam’s trade growth […]

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