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Nhon-Hanoi Metro Will Open This Week

Nhon-Hanoi Metro Will Open This Week

by Teuvo Tuomi | Aug 6, 2024 | Hanoi, News, Transportation, Vietnam

The elevated section of the Nhon-Hanoi Urban Railway Project will open for commercial operations on Friday. The plan received agreement from the State Examination Council (SEC). The Hanoi Metropolitan Railway Management Board (MRB) says that it was an important event...
Retailing and Services Booming in Vietnam

Retailing and Services Booming in Vietnam

by Teuvo Tuomi | Jul 31, 2024 | Business, Economy, News, Vietnam

Vietnam’s retail sales and services revenue in the first seven months of this year totaled about VNĐ3.6 quadrillion (US$143.2 billion), up 8.7% year-on-year, the General Statistics Office (GSO) reports. In July alone, the value was VNĐ528.3 trillion, a rise of...
Vietnam’s Exports Sector Keeps Booming

Vietnam’s Exports Sector Keeps Booming

by Teuvo Tuomi | Jul 29, 2024 | News, Business, Economy, Exports, Vietnam

Vietnam’s exports in July are estimated to have risen 19.1% in July from a year earlier to $35.92 billion, the General Statistics Office (GSO) says. Also the industrial production index rose in July, expanding 11.2% from a year earlier, . Vietnam has been...
Vietnam’s Resort Real Estate Partly Recovers

Vietnam’s Resort Real Estate Partly Recovers

by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Economy, News, Reports, Tourism, Travel, Vietnam

About 2,800 new units were launched in Vietnam’s resort real estate segment in the second quarter of 2024. This is an eight-fold increase from the first quarter but mostly concentrated in a few locations, the Vietnam Association of Realtors report. In the first...
Vietnam Looking for 75% GDP Increase by 2030

Vietnam Looking for 75% GDP Increase by 2030

by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Vietnam

The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023. GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office. S&P Global Ratings expects Vietnam’s GDP per capita to reach...
Finland Reclaims Fireworks Title in Da Nang

Finland Reclaims Fireworks Title in Da Nang

by Teuvo Tuomi | Jul 23, 2024 | ASEAN, Culture, Entertainment, Finland, Lifestyle, Vietnam

The Finnish fireworks team Pyro has reclaimed the championship of the 2024 Da Nang International Fireworks Festival (DIFF) after beating its Chinese rival in the final round in Da Nang. The Finnish team used about 10,000 firecrackers, double that of its Chinese...
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