Industrial production grows in first quarter if COVID-19 ends: GSO Business

Industrial production grows in first quarter if COVID-19 ends: GSO

The General Statistics Office (GSO) forecast if the coronavirus epidemic is stamped out in the first quarter this year, Vietnam’s industrial production value in the first quarter would increase by 2.68 percent year-on-year, lower than growth rate of 9 percent in the first quarter of 2019 and 10.45 percent in the first quarter of 2018.
Vietnam’s GDP expands 7.02 percent in 2019 Business

Vietnam’s GDP expands 7.02 percent in 2019

Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
March CPI falls 0.21 percent month on month Business

March CPI falls 0.21 percent month on month

Lower prices in seven of the 11 groups of consumer goods and services helped drag the consumer price index (CPI) in March down by 0.21 percent from last month, according to the General Statistics Office (GSO).
Statistics sector works to further improve efficiency Business

Statistics sector works to further improve efficiency

The General Statistics Office (GSO) will continue improving the quality of its statistics and increasing information sharing with ministries and sectors, thus better serving the Government’s management over the macro-economy and socio-economic development, GSO General Director Nguyen Bich Lam said.
Registered capital of new firms up 11.6 percent Business

Registered capital of new firms up 11.6 percent

Nearly 75,800 new enterprises were established nationwide in the first seven months of the year, with a total registered capital of 771 trillion VND, a year-on-year rise of 3.9 percent in the number of firms, and a 11.6-percent rise in terms of capital.
First-half GDP expands 7.08 percent, hitting 8-year high Business

First-half GDP expands 7.08 percent, hitting 8-year high

Vietnam’s gross domestic product (GDP) expanded 7.08 percent in the first half of the year, marking the highest rate since 2010, fueled by robust expansion of the industrial and construction sector and service sector, according to the General Statistics Office (GSO).
Over 126,800 new enterprises set up in 2017 Business

Over 126,800 new enterprises set up in 2017

Vietnam saw 126,859 new enterprises established with a total registered capital of 1,295.9 trillion VND (57 billion USD) in 2017, up 15.2 percent in number and 45.5 percent in capital year-on-year.
Vietnam successfully keeps inflation under 5-percent target Business

Vietnam successfully keeps inflation under 5-percent target

GSO General Director Nguyen Bich Lam said 2016 was a successful year in controlling inflation amidst rebounding prices of some essential goods, as the CPI in December increased by 4.74 percent from a year earlier, lower than the 5 percent target set by the National Assembly.