Vietnam’s trade surplus in September was estimated at 2.29 billion USD, bring the figure in the first nine months of the year to 21.68 billion USD, the General Statistics Office (GSO) announced on September 29.
Attracting businesses and investors to pour capital into sustainable agricultural value chains is seen as a key solution to pave the way for, and create breakthroughs in the sector’s development amid intensive integration and the volatile global economy, according to insiders.
Vietnam earned 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 (MARD).
Indonesian Finance Minister Sri Mulyani Indrawati has said the country will continue to be “the bright spot” of the global economy after the Central Statistics Agency (BPS) reported robust economic growth in the third quarter and uninterrupted surpluses in international trade for over two years.
Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has stressed the need for post-pandemic aviation recovery efforts, during a recent dialogue on aviation in Jakarta.
Although the world economy has not fully recovered from the negative impact of the COVID-19 pandemic and the ongoing conflict between Russia and Ukraine, export turnover of southern Dong Nai province hit 19.3 billion USD in the first nine months of this year, surging 20.17% over the same period last year, according to data of the General Statistics Office (GSO).
Indonesia is a bright spot of the global economy amid risks of economic contraction facing many countries in 2022, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has said.
Cargo throughput via seaports across the country hit 62.9 million tonnes in July this year, up 2% year-on-year, according to the Vietnam Maritime Administration.
Southeast Asia has gained credence in the global economy since the onslaught of the COVID-19 pandemic and the Russia - Ukraine conflict, according to The Straits Times.
The World Bank has predicted that Laos will see economic growth of 4.5 percent in 2022 and 4.8 percent in 2023 despite projected slower growth of the global economy, Vientiane Times reported.
Foreign friends have expressed their impression on Vietnam’s achievements, especially those in external affairs, over the past 35 years of renewal process.
Ministers from 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreed to schedule an online meeting on September 1 to discuss the UK application to join the deal.
Indonesian Minister of Finance Sri Mulyani Indrawati said on July 21 that there are four major risks that may hinder the recovery of the global economy from the first half of 2021.
The Philippine central bank said on June 18 that it forecast wider current account surpluses in 2021 and next year thanks to better prospects for trade in goods and services as the global economy recovers from the COVID-19 pandemic.
The International Monetary Fund (IMF) has downgraded Indonesia’s economic growth projection to 4.3 percent in this year, down 0.5 percentage point compared to its forecast in February.
The new Vietnamese leaders are expected to uphold the country’s long-held policies, including further opening its markets to the global economy and balancing relations with China and the US, said Bloomberg.
The first cases of COVID-19 were discovered on December 29, 2019 in Wuhan, China. Later, on March 31, 2020, the World Health Organisation (WHO) declared COVID-19 a global pandemic.
The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
The COVID-19 pandemic has had a heavy impact on every aspect of life in 2020, and the global economy had been especially hard hit. The Vietnam News Agency has selected the ten most significant global economic issues during the year.
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