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VNfonomics

Vietnam’s economic outlook for the coming years is positive, with various institutions providing growth forecasts:

World Bank: Projects GDP growth of 6.1% in 2024, accelerating to 6.5% in both 2025 and 2026.

Asian Development Bank (ADB): Revised its forecasts upward, anticipating growth of 6.4% in 2024 and 6.6% in 2025.

International Monetary Fund (IMF): Estimates a 6.1% growth rate for 2024.

HSBC: Upgraded its 2024 growth forecast to 6.5%, citing stronger-than-expected economic performance.

The Vietnamese government has set ambitious targets, aiming for GDP growth between 7% and 7.5% in 2025.

These projections reflect confidence in Vietnam’s economic resilience and its potential to lead regional growth in the near future.

Source : Reuters
Le Quang Bien, Consul General of Vietnam, warmly received Mr. Ashish Kumar Bhatia at the Consulate of Vietnam in Mumbai,India.

During the meeting, Mr. Bien recognized AKOM’s strategic initiatives and ongoing contributions to strengthening Vietnam’s engagement with African markets.

As a gesture of goodwill and in recognition of the growing partnership between the two nations, Mr. Bhatia was honoured with a gold lapel pin featuring the national flags of Vietnam and India.
HÀ NỘI – AKOM Trading Company Limited, a leading Vietnamese exporter renowned for its strong presence in African markets, has signed a Memorandum of Understanding (MoU) with LP International Logistics & Trading Company Limited, a premier logistics and shipping provider based in Hà Nội, Vietnam.

This strategic partnership comes at a crucial time, as global trade continues to face significant disruptions due to escalating geopolitical tensions, including the US–China trade war, the Russia–Ukraine conflict, and ongoing instability in South Asia.

In response to Senegal’s growing demand for essential goods, AKOM is set to collaborate closely with LP Logistics to deliver prompt and reliable import solutions for a wide range of Vietnamese products, particularly in agriculture, where Vietnam is well positioned to support Senegal’s goal of self-sufficiency.
Vietnam is actively developing its Halal industry to tap into the global market, projected to reach $10 trillion by 2030.
Senegal ready to cooperate with Vietnam in responding to global challenges.
Senior Party officials of Việt Nam, South Africa hold talks.
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