Vietnam Digest

How does Vietnam reduces beer consumption in 2024?

Is Vietnam losing its taste for beer? Thaibev's revenue says it all. Once a thriving market for beer consumption, Vietnam is now showing signs of ...

What is Vietnam’s GDP in 2024?

In mid-2024, the International Monetary Fund (IMF) stated that Vietnam's GDP is projected to reach approximately $465.8 billion in 2024, ranking fifth in the region ...

Dos and Don’ts for Tet or Lunar New Year

The Lunar New Year, or Tết, is one of the most important traditional celebrations in Vietnam. Many families pass down customs regarding what should and ...

Who Are the 7 Politburo Members Disciplined in Vietnam?

According to Regulation No. 69-QĐ/TW of the Politburo on disciplining Party members for violations, all Party members are equal before the Party’s disciplinary measures. Never before ...

Why Was Former President Nguyễn Xuân Phúc Disciplined?

On December 13, 2024, at the Party Central Committee headquarters, the Politburo reviewed and imposed disciplinary actions against Party members who committed violations or shortcomings. Alongside ...

Roles of State-Owned Enterprises in Vietnam’s economy

The role of state economic groups in Vietnam’s socialist-oriented market economy can be highlighted through several aspects: 1. Key Drivers of the Economy and Social Welfare State ...

Which country does Vietnam owe the most?

By the end of 2023, Vietnam's foreign debt stood at approximately 960 trillion VND (equivalent to 40 billion USD, with an average exchange rate of ...

How much money is Vietnam in debt? [latest update]

The government report on public debt for 2024 projects that public debt will account for 36-37% of GDP by the end of the year, equivalent ...

How much debt Vietnam SOEs a year?

By the end of 2023, 134 state-owned enterprises (SOEs) reported accumulated losses of VND 115.27 trillion (USD 4.6 billion), a 1.7-fold increase compared to 2022. ...

How many state-owned enterprises are there in Vietnam?

As of December 31, 2022, according to data from various ministries, sectors, and localities, Vietnam had 827 state-owned enterprises (SOEs), including 478 fully state-owned enterprises, ...

How much of Vietnam’s economy is state owned?

SOEs remain vital to Vietnam’s economy, with improved operational efficiency. However, restructuring and equitization efforts are ongoing to enhance capital utilization and minimize state asset ...

How much money does Vietnam spend on government?

Vietnam spends over VND 1 quadrillion ($41.67 billion) annually on maintaining its administrative system. Recurring expenditures, which include costs for the state bureaucracy and socio-political ...

What energy does Vietnam produce?

Vietnam, a rapidly developing nation, relies on diverse energy sources to meet its growing demand for electricity and economic development. Currently, fossil fuels, particularly coal ...

Vietnam high speed rail map

North-South high speed rail project is estimated to cost VND1.713 trillion (US$67.34 billion), with funding sourced mainly from the central budget, government bonds, contributions from localities, ...

How many MIA in Vietnam

During the United States' war in Vietnam against the communist-controlled government of North Vietnam and the insurgency of the Viet Cong in South Vietnam, several ...

Vietnam’s Government Reform: Reducing the Number of Ministries

The Government's restructuring plan finalized on Thursday (5/12/2024) with eight ministries and ministerial-level agencies to be maintained (with internal changes only), and 14 others to ...

Vietnam war MIA latest: Vietnam Transfers 168th U.S. Servicemen’s Remains

A ceremony took place in Da Nang on Thursday to transfer remains believed to belong to U.S. servicemen missing in action (MIAs) during the Vietnam ...

How long is Tet holiday in Vietnam 2025?

Officials, civil servants, public employees, and workers of administrative agencies, public service agencies, political organizations, and socio-political organizations will have a holiday for the Lunar ...

Vietnam Lunar New Year holiday schedule 2025

Prime Minister Pham Minh Chinh has approved a nine-day holiday for the upcoming Tet (Lunar New Year), from Jan. 25 to Feb. 2, 2025. The first ...

Difference between Tet and Chinese new year

Tet and Chinese new year is a significant holiday in both Vietnamese and Chinese cultures. While the two countries share similarities in celebrating the New ...