The Malaysian government is taking steps to address the issue of food security through the implementation of the high-growth, high-value (HGHV) initiative for the agriculture sector.
Thanks to drastic solutions to overcome difficulties and support businesses in resuming production, Hung Yen’s economic growth recorded positive results in the first half of the year, maintaining its position as one of the localities with high growth rates in the country and the Hong (Red) River Delta region.
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The industrial sector of the southern province of Binh Phuoc has maintained a high growth momentum thanks to local businesses’ activeness in shifting production models, changing response strategies, and linking with partners to expand production and ensure sustainable material supply.
The Philippine economy "returns to its high-growth" trajectory, supported by a strong labour market performance and cooling inflation, Secretary of the National Economic and Development Authority (NEDA) Arsenio Balisacan has said.
Export turnover of the Mekong Delta province of Dong Thap went up 34% to over 1.5 billion USD in 2022, the highest-ever recorded level, according to the provincial Department of Industry and Trade.
The Ministry of Agriculture and Rural Development on December 30 announced that the agricultural sector has achieved all goals set for this year, including a growth rate of 3.36%, a record for many recent years.
The domestic paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group.
The volume of international searches for Vietnam’s tourism has surged by 50-70 percent, the fourth highest increase in the world, according to Google’s market trend tracker tool.
Tuna export has maintained a high growth rate in the first months of 2022 despite strong fluctuations in the world market over the past more than one year, partly thanks to free trade agreements that Vietnam has signed.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 2.1 percent year-on-year in the first two months of 2022, according to the municipal Department of Statistics.
High-growth industries in Vietnam continue to attract investor interest despite disruptions caused by COVID-19, according to White & Case, an international law firm that serves companies, governments and financial institutions based in the United States.
Vietnam’s exports in the first 4 months of 2021 brought in 103.9 billion USD, helping the country to have a trade surplus of 1.29 billion USD and become a bright spot of the economy.
The Asian Development Bank (ADB) has projected that the Indonesian economy will return to high growth, last seen in the pre-pandemic era, in 2022, with the economy forecast to expand 5 percent next year.
Education, technology, freight forwarding, renewable energy, and healthcare companies are expected to maintain their growth, offering stock investment opportunities, a seminar heard in Ho Chi Minh City on April 24.
The Mekong Delta province of Kien Giang earned an estimated 55 million USD from exports in January, an 18.5 percent increase against December and 37 percent year-on-year.
Vietnam earned over 3 billion USD from exporting rice in 2020, according to the Vietnam Food Association (VFA), a year-on-year increase of more than 10 percent.
The 12th Malaysia Plan (12MP) will focus on creating a number of new economic sectors and accelerating the development of high growth industries, Minister in the Prime Minister's Department (Economy) Mustapa Mohamed said at a forum held on December 10.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Five sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, health care and pharmaceuticals have potential for high growth in the next three years.
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