Sputnik: experts upbeat about Vietnam’s economic growth 2022 Business

Sputnik: experts upbeat about Vietnam’s economic growth 2022

The World Bank, Asian Development Bank, VNDIRECT Securities Corporation, experts and investors are optimistic about Vietnam’s economic growth prospect next year thanks to drivers such as exports, domestic consumption, foreign direction investment attraction, timely and effective policies by the Government, according to an article recently published by Russia’s Sputnik.
Digital transformation facilitates retail growth Business

Digital transformation facilitates retail growth

According to General Statistic Office, in the first six months of 2021, total retail sales of goods and services went up 4.9 percent compared to the same period in 2020 to 2,463.8 trillion VND (over 107 billion USD), of which goods retail revenue hit 1,985.4 trillion VND, up 6.2 percent.
Despite COVID-19, industrial production index up Business

Despite COVID-19, industrial production index up

According to the General Statistic Office, in the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 despite the complicated developments of the COVID-19 pandemic.
Vietnamese economy sees bright prospects Business

Vietnamese economy sees bright prospects

With more positive developments in the world economy and the rapid recovery of China, the Vietnamese economy has foundations to hope for a strong economic recovery in the future, according to Duong Manh Hung, Director of the General Statistic Office (GSO)’s National Accounts Department.
Hanoi attracts 8.45 billion USD in FDI Business

Hanoi attracts 8.45 billion USD in FDI

A total of 8.45 billion USD in foreign direct investment (FDI) has been poured into Hanoi capital city so far this year, according to the municipal Statistic Office.
Car imports drop in February Business

Car imports drop in February

Vietnamese auto businesses imported about 5,000 completely built-up unit (CBU) cars, worth 131 million USD, in February, 1,000 cars less than the previous month, the General Statistic Office (GSO) sai