Day January 6, 2024

Vietnam Poised to Enter Top 25 Economies by 2038

Vietnam is projected to break into the Top 25 global economies by 2038, as per the World Economic League Table (WELT) rankings by the Centre for Economics and Business Research (CEBR). The GDP of Vietnam is expected to maintain an…

VinFast Plans EV Battery Plant in India

Vietnamese electric vehicle manufacturer VINFAST is poised to inaugurate its inaugural manufacturing facility in India, focusing on EV battery production in the southern state of Tamil Nadu, according to sources familiar with the matter. The Thoothukudi-based plant will specifically manufacture…

Premium Brand Representatives Triple Profits in Vietnam

Distributors of prestigious brands like Louis Vuitton, Chanel, Dior, and Hermès in Vietnam reported profits of VND3.8 trillion ($156.57 million) in 2022, witnessing a remarkable 270% year-on-year increase, according to the latest data from a market research company. The collective…

Positive Developments in the Region Boost Vietnam’s Prospects

Despite the Vietnamese economy’s growth falling below expectations in 2023, it continues to be one of the fastest-growing in the region, thanks to the resurgence of corporate confidence. The General Statistics Office (GSO) recently reported a 5.05% increase in the…