China's GDP expands 5.2% in 2023

China's GDP expands 5.2% in 2023

(VOVWORLD) -China's gross domestic product (GDP) posted a growth of 5.2% year on year to 126.06 trillion yuan (17.71 trillion USD) in 2023, data from the National Bureau...
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...
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
Oil and Gas - The “driving force” of Vietnam's economy

Oil and Gas - The “driving force” of Vietnam's economy

(VOVWORLD) - On November 27, 1961, the first oil and gas organization in Vietnam, the Oil Exploration Brigade, was established. Over more than six decades with numerous ups and downs, generations of oil and gas workers have exerted efforts and determination to...