Experts from the Vietnam Institute for Economic and Policy Research (VEPR) have forecast that economic growth will reach 7.26 percent for the fourth quarter and 7.05 percent for 2019, compared to 6.6 – 6.8 percent as assigned by the National Assembly.
Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.
Vietnam’s total revenue from retail trade and services in the first nine months of this year reached 3.6 quadrillion VND (around 155.3 billion USD), 11.6 percent over the same period last year.
Vietnam’s industrial production in the first nine months of this year rose by 9.6 percent year on year, a four-year record, according to the General Statistics Office (GSO).
Vietnam posted an economic growth of 6.98% in the first nine months of this year. Experts said the result gives momentum for the economy to achieve its yearly target of 6.8 percent.
The State Bank of Vietnam (SBV)'s exchange rate management policy has been appropriate and effective, creating benefits for the economy and confidence for the market.
Economists are upgrading their growth projections for Vietnam after the latest data showed the economy surged more than 7 percent in the third quarter, according to Bloomberg.
Hanoi led 59 cities and provinces receiving foreign direct investment (FDI) in the first nine months of this year by luring 6.15 billion USD, or 23.5 percent of the total FDI that Vietnam got in the period.
A survey on the socio-economic situation of 53 ethnic minority groups of Vietnam will be launched on October 1, announced the General Statistics Office (GSO).
Foreign investors poured 26.16 billion USD into Vietnam in the first nine months of this year, up 3.1 percent over the same period in 2019, according to the General Statistics Office.
Many provinces in the Mekong Delta have developed dairy and beef farming since it provides farmers with an additional income and benefits from local agricultural by-products.
Vietnam welcomed 12.9 million foreign visitors in the first nine months of 2019, a year-on-year rise of 10.8 percent, according to the General Statistics Office (GSO).
The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.
Vietnam’s GDP expanded 6.98 percent in the January-September period, the highest nine-month growth rate over the past nine years, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam on September 28.
The Steering Committee for Price Management held a meeting in Hanoi on September 27, during which Deputy Prime Minister Vuong Dinh Hue said that if there are no unexpected factors, this year’s inflation can be kept at around 3.3 – 3.5 percent.
The International Telecommunication Union (ITU) Telecom World 2020 will be held in Hanoi, Vietnam, in September 2020, announced the Ministry of Information and Communications on September 17.
About 22.7 percent of construction firms said they performed better in Quarter 3 while 40.9 percent said their business remained stable, according to the General Statistics Office (GSO).
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