Over 64,000 news firms established in 2018's first half
In the first 6 months of 2018, Vietnam saw 64,531 enterprises registering for establishment, with their capital amounting to 640 trillion VND (27.87 billion USD).
Click to enlarge (Source: VNA)
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In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
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InfographicFour commodities post Q1 export value of over 5 billion USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
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InfographicCPI rises 3.77% in Q1
Vietnam’s Consumer Price Index (CPI) increased 3.77% year-on-year in the first quarter of 2024 due to rising prices for domestic rice and services such as electricity, water, education and healthcare.
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InfographicAdded value of industrial sector up 6.18% in Q1
Vietnam’s industrial sector posted significant growth in the first quarter of 2024, of an estimated 6.18% compared to the first quarter of 2023. In particular, manufacturing and processing saw robust growth of 6.98%.
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InfographicOver 36,200 new enterprises established in Q1
A total of 36,244 new enterprises were set up in the first quarter of this year with combined registered capital of 332.2 trillion VND (13.3 billion USD), up 6.9% in number and 7% in capital.
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InfographicVietnam - China two-way trade
China has long been Vietnam’s largest trading partner, with two-way trade consistently exceeding 100 billion USD since 2018. Trade between the two neighbours reached 171.85 billion USD last year.
