As of August 31, the total registered FDI in Vietnam reached over 20.5 billion USD, an increase of 7% over the same period in 2023, of which Bac Ninh continued to take the lead with a total registered investment of nearly 3.47 billion USD.
Vietnam's manufacturing sector reached 52.4 points in August, down from 54.7 points in July, but still indicates significant improvement.
NDO - On September 3, the World Bank (WB) assessed that India's share of global trade has not kept pace with its rapid economic growth, lagging behind countries like Vietnam and Bangladesh as a low-cost manufacturing and export hub.
NDO - On September 4, within the framework of Korea Startup Investment Week 2024, the Vietnam Network of Higher Education Innovation Entrepreneurship Center (VNEI) and the Daejeon Center for Creative Economy and Innovation (DCCEI) signed a Memorandum of Understanding (MOU). This marks a new milestone in the long-standing and increasingly deep cooperation between Vietnam and South Korea in the fields of science, technology, and innovation.
The launch of Echeck, a platform for product lookup, traceability, and authentication, is being hailed as a "new gateway" for developing Vietnam's e-commerce industry.
In the first seven months of 2024, phone products and components topped the export categories with a revenue of 1.15 billion USD, a 102% increase, accounting for 21.5% of total exports to India.
