Binh Duong province, a major industrial hub in the southern region, has still managed to attract over 1.5 billion USD in foreign direct investment (FDI) so far this year despite considerable impacts of the COVID-19 pandemic.
Amid the complex COVID-19 situation, accelerating the disbursement of public investment is one of the focal tasks Hanoi will carry out in the remaining months of 2021 to achieve the best possible economic outcomes.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.
The consumer price index (CPI) increased by 1.64 per cent in the January to July period, the lowest rate since 2016, with lower food and electricity prices after Government efforts to stabilise prices and support virus-hit citizens and enterprises in the pandemic, according to the General Statistics Office (GSO).
The index of industrial production (IIP) of southern Binh Phuoc province increased by 15.63 percent year-on-year in the first seven months of this year over the same period in 2020, according to the provincial Department of Statistics.
Ho Chi Minh City’s Index of Industrial Production (IIP) advanced 5.9 percent year-on-year in the first half of 2021, though new COVID-19 outbreaks are ravaging the country’s southern economic hub, causing the index to shrink 5.3 percent month-on-month in June.
The southern province of Dong Nai, a magnet for foreign investment, enjoyed a year-on-year rise of 7.54 percent in the index of industrial production (IIP) in the first half of 2021.
Long An province posted high growth in the first half of 2021 despite the negative impact of COVID-19, coming third amongst 13 Mekong Delta localities, according to the provincial People’s Committee.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 7.4 percent year-on-year in the first five months of 2021, according to the municipal Department of Industry and Trade.
The Index of Industrial Production (IIP) in the southern province of Binh Phuoc increased 16.7 percent year-on-year in the first five months of 2021, according to the provincial Department of Statistics.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 9.7 percent year-on-year in the first four months of 2021, signalling a positive outlook for the local economy in the face of COVID-19, according to the municipal Department of Industry and Trade.
Vietnam’s index of industrial production (IIP) in April is estimated to rise by 24.1 percent year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office.
Binh Duong’s Index of Industrial Production (IIP) picked up 6.9 percent year-on-year in the first quarter, with FDI firms remaining the largest contributor, according to the provincial People’s Committee.
The Index of Industrial Production (IIP) in Ho Chi Minh City climbed 6 percent year-on-year in the first two months of 2021 despite a fall of 24.6 percent in February, according to the municipal Statistics Office.
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