Manufacturing PMI sees strongest improvement since November 2018
Vietnam has seen the strongest growth of the Purchasing Managers' Index among seven countries surveyed in ASEAN, marking the highest improvement it has seen in manufacturing since the end of 2018.
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InfographicExport growth rate projected to reach 6-7% annually in 2021-2030
A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.
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InfographicAgro-forestry-fishery exports maintain growth momentum in 5 months
Agro-forestry-fishery exports hit about 23.2 billion USD in the first five months of 2022, posting a year-on-year increase of 16.8 percent. Nine groups of products saw export values of more than 1 billion USD in the period, including coffee, rubber, rice, cashew and vegetables.
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InfographicFDI attraction exceeds 11.71 billion USD in first 5 months of 2022
As of May 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 11.71 billion USD in the first five months of this year, equivalent to 83.7 percent of the same period last year.
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InfographicIndustrial production index up 8.3% in first 5 months of 2022
The industrial production index posted a year-on-year rise of 8.3 percent in the first five months of 2022. Manufacturing and processing expanded 9.2 percent and phone components, which are the major industrial products in the reviewed period, surged 21.6 percent against the same period last year.
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InfographicVietnam enjoys trade surplus of 516 million USD
In the first five months of 2022, the total import and export turnover of goods reached 305.1 billion USD, posting a year-on-year rise of 15.6 percent. The country enjoyed a trade surplus of 516 million USD in the period.
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InfographicSix items with export turnover exceeding 5 billion USD in 5 months of 2022
As many as 26 export commodities posted turnover of more than 1 billion USD in the first five months of 2022, accounting for 89.6 percent of Vietnam’s export turnover. Of them, six items enjoyed turnover exceeding 5 billion USD, making up 62.3 percent.
