Ho Chi Minh City exports were up 5.9 percent to reach 7.38 billion USD in the first two months of the year, according to the municipal Statistic Office.
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.
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.
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.
The central coastal province of Binh Dinh’s gross regional domestic product (GRDP) this year was estimated at nearly 50 trillion VND (2.16 million USD), a year-on-year surge of 3.61 percent.
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.
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.
Vietnam welcomed more than 9 million foreign vacationers in the first seven months of 2018, a year-on-year rise of 25.4 percent, according to the General Statistic Office.
Vietnam’s output and export of pepper increased sharply last year, but their prices and thus turnover from exports fell, according to the industry association.
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
The consumer price index in September slipped by 0.21 percent against the previous month and increased by only 0.4 percent over last December, as announced at a press conference in Hanoi on Sept.24.