2023 sees global trade recession but hope is in sight

2023 sees global trade recession but hope is in sight

(VOVWORLD) - Persistentinflation and high interest rates, slow recovery of many major economies, geopolitical instability, and rising public debt in many countries have caused a global trade recession this year. Economists say...
Industry and trade paint brighter economic outlook

Industry and trade paint brighter economic outlook

(VOVWORLD) -Industrial index increased in most localities across Vietnam in 2023, while exports recovered and contributed to the balance of payments, helping to raise foreign exchange reserves and stabilize exchange rates...
Vietnam increases productivity for development

Vietnam increases productivity for development

(VOVWORLD) - Labor productivity is the decisive factor in improving the capacity and competitiveness of an economy. Improving labor productivity is a core issue for Vietnam and is the shortest way...
FPT establishes company in US

FPT establishes company in US

(VOVWORLD) - Vietnam’s tech giant FPT has announced the establishment of the FPT Automotive company in Texas, the US, in a bid to conquer the billion-dollar automotive software market
Wednesday December 13, 2023

Wednesday December 13, 2023

(VOVWORLD) - We hope this edition of the Letter Box finds you well. As Christmas and the New Year approach, we are receiving lots of greetings from listeners, which really makes...
Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic