Ho Chi Minh City’s Index of Industrial Production (IIP) in January reduced by 21.4% compared to the previous month, according to the city’s Department of Industry and Trade.
Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.
Ho Chi Minh City is likely to face hurdles caused by a global recession this year and escalating uncertainty, Vice Chairman of the municipal People’s Committee Duong Anh Duc has warned.
Thailand's industrial output further declined more than expected in December 2022, as a global slowdown hit demand for Thai exports, according to the Ministry of Industry.
The Mekong Delta province of Kien Giang strives for industrial production value to reach more than 48.18 trillion VND (2.04 billion USD) this year, a year-on-year increase of 8%.
The northern province of Vinh Phuc commits to accompanying and creating favourable conditions in accordance with Vietnamese law for Japanese businesses, investors and partners to implement cooperation and investment activities in the locality.
Hanoi recorded year-on-year growth of 8.89% in gross regional domestic product (GRDP) in 2022, higher than the target of 7 - 7.5%, according to the municipal Statistics Office.
Vietnam's industry and trade sector has obtained encouraging results in 2022, contributing to the national socio-economic development. The following is a list of the 10 most outstanding events of the year as selected by the Ministry of Industry and Trade (MoIT).
Despite a decline in FDI registration, commitment in manufacturing rebounded sharply, increasing by 158% month on month and 50% year on year, according to the World Bank (WB).
Malaysia's industrial production index (IPI) rose 4.6% in October, after registering double-digit growth for four consecutive months, according to the Department of Statistics Malaysia (DOSM).
The index of industrial production in the first 11 months of 2022 is estimated to increase by over 8% year-on-year, doubling the 4% of the same period last year.
The southern province of Binh Duong has so far this year attracted over 3 billion USD in foreign direct investment (FDI), taking the lead in the Southeast region, according to Nguyen Tam Duong, chief of the Office of the provincial People’s Committee.
The central city of Da Nang recorded a hike of 8.6% in industrial production in the first 11 months of this year, reported the municipal Statistics Office on December 1.
The index of industrial production (IIP) in the first 11 months of 2022 is estimated to increase by 8.6% year-on-year, doubling the 4.2% of the same period last year.
The southern industrial hub of Binh Duong is likely to attract 2.8 billion USD of foreign direct investment (FDI) this year, exceeding the target by 1.6 times, according to Chairman of the provincial People’s Committee Vo Van Minh.
Experts from the World Bank (WB) suggested that Vietnamese monetary authorities consider further flexibility in the exchange rate, including a higher pace of depreciation.
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