Total revenue from retail sales of consumer goods and services in May was estimated at 519 trillion VND (22.09 billion USD), an increase of 1.5% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).
Vietnam’s garment-textile sector strives to achieve a total export value of 68-70 billion USD, according to the development strategy for the apparel and footwear industry to 2030, with a vision to 2035.
Vietnam’s import-export value in the first five months of this year was estimated at 262.54 billion USD, down 14.7% year-on-year, with a trade surplus of 9.8 billion USD, the General Statistics Office (GSO) announced on May 29.
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
Almost 53.9 trillion VND (2.29 billion USD) in state capital was saved in 2022 as reported by ministries, sectors, and localities, according to the Government.
The Langkawi International Maritime and Aerospace Exhibition (LIMA) 2023 which will take place from May 23-27 is expected to be able to generate business pledges worth up to 18 billion RM (3.96 billion USD).
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
At least 120 billion THB (3.55 billion USD) will be spent on election-related activities in Thailand, doubling the amount previously estimated, according to the Business and Economic Forecast Centre of the University of Thai Chamber of Commerce.
Revenue from information and communications services reached 1.13 quadrillion VND (47.6 billion USD) in the first four months of 2023, representing 27% of the annual target, figures from the Ministry of Information and Communications (MIC) show.
There had been 1,643 Vietnamese-invested valid projects in foreign countries with a total capital of 21.93 billion USD as of late April, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Bamboo Airways is planning to raise its charter capital to 30 trillion VND (nearly 1.3 billion USD) to restructure its debts and increase capital for its core and support business activities.
Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with trade in surplus by 6.35 billion USD, the General Statistics Office has reported.
The capital city of Hanoi attracted over 1.7 billion USD of foreign direct investment (FDI) in the first four months of this year with 103 new projects worth 35.2 million USD and 50 projects permitted to increase investment capital by 91.8 million USD.
Vietnam’s export-import value in the first four months of this year was estimated at 210 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD.
Vietnam’s e-commerce market is forecast to increase by 25% to 20 billion USD by the year’s end, according to a report on the Vietnam E-Business Index (EBI) 2023 conducted by the Vietnam E-commerce Association (Vecom).
Indonesia has amassed 328.9 trillion IDR (22.4 billion USD) in investment in the first quarter of this year, up 16.5% year-on-year, according to the country's Investment Minister Bahlil Lahadalia.
Vietnam earned some 15.66 billion USD from agro-forestry-aquatic product exports in the first four months of 2023, down 13.3% year-on-year, according to the Ministry of Agriculture and Rural Development.
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