Industrial production: Driving force for economic growth
Industrial production: Driving force for economic growth
20/01/2025

Industrial production has played a key role in Vietnam’s economic recovery throughout 2024, with growth fueled by strong government support, sectoral shifts, and global integration. Despite facing significant hurdles in 2024, including sluggish global economic growth that impacted its export orders and a slow recovery in domestic demand due to storms and natural disasters, particularly …

Industrial production: Driving force for economic growth
Industrial production: Driving force for economic growth
20/01/2025

Industrial production has played a key role in Vietnam’s economic recovery throughout 2024, with growth fueled by strong government support, sectoral shifts, and global integration. Despite facing significant hurdles in 2024, including sluggish global economic growth that impacted its export orders and a slow recovery in domestic demand due to storms and natural disasters, particularly …

Vietnam set to become regional manufacturing tech hub this year
Vietnam set to become regional manufacturing tech hub this year
06/01/2025

Vietnam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country. A worker is seen in a semiconductor research lab in Ho Chi Minh City in December 2024. Photo by VnExpress Foreign direct investment (FDI) …

Endogenous drivers for the economy
Endogenous drivers for the economy
02/01/2025

Driven by increasing domestic consumption, production, and exports benefiting from global trade shifts, along with high-quality foreign direct investment (FDI) inflows and the government’s determination to unlock public investment capital, Vietnam’s economy is poised to move confidently into 2025. Cargo handling at the Hoa Phat General Port in the Dung Quat Economic Zone (Quang Ngai …

Vietnam’s first metro line put into commercial operation
Vietnam’s first metro line put into commercial operation
23/12/2024

The metro line runs for 19.7 km between Ben Thanh Station in District 1 and Suoi Tien Depot in Thu Duc city in Ho Chi Minh City. At the launching ceremony for the first Metro line in Vietnam held on December 22, 2024. (Photo: VGP) The Metro line No.1 in Ho Chi Minh City was …

Gelex Group named among notable M&A deals companies in 2024
Gelex Group named among notable M&A deals companies in 2024
04/12/2024

Gelex Group has been recognized for its notable M&A deal in the renewable energy sector, receiving recognition at the 16th Vietnam M&A Forum 2024. Gelex Group representative receives M&A deals award in 2023-2024. Photo courtesy of Gelex The deal involved the transfer of renewable energy projects to a subsidiary of Sembcorp Group, a leading corporation …