US, EU investment capital poured into southern localities
Foreign direct investment (FDI) from the EU and US has been pouring into southern localities like Ho Chi Minh City, Dong Nai, and Binh Duong provinces.
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Foreign direct investment (FDI) from the EU and US has been pouring into southern localities like Ho Chi Minh City, Dong Nai, and Binh Duong provinces.
Participating in global value chains is an inevitable step towards building and developing brands, as well as gaining a firm foothold on the world market, said Le Hoang Tai, deputy head of the Trade Promotion Agency, at an investment promotion workshop in Hanoi on April 11.
Germany’s Siemens AG will help Vietnam build smart infrastructure for sustainable development under a framework agreement on industry and energy cooperation signed between the two sides in Berlin on April 9.
The national industrial production index saw a year-on-year increase of 9.2 percent in the first quarter of this year, according to the General Statistics Office.
Economic growth in Laos is expected to remain stable in 2019 and 2020 – backed by the expansion of the agriculture, energy, industry, and service sectors – according to the Vientiane Times’ quoting of the latest report of the Asian Development Bank (ADB) on April 4.
The southern province of Binh Duong recorded 7.16 percent year-on-year growth on the industrial production index in the first quarter of 2019, said Nguyen Van Danh, Director of the provincial Department of Industry and Trade.
Vietnam’s manufacturing sector continued to expand during January-March with signs of higher growth in March, according to a report from IHS Markit.
Vietnamese manufacturers are set to increase their selling prices following the 8.36 percent hike in electricity price that launched from March 20.
The national industrial production index (IIP) saw a year-on-year increase of 9.2 percent in the first quarter of this year, according to the General Statistics Office (GSO).
Ho Chi Minh City recorded a gross regional domestic product (GRDP) growth rate of 7.64 percent in the first quarter of 2019, equivalent to the pace during same period last year.
Ho Chi Minh City recorded a gross regional domestic product (GRDP) growth rate of 7.64 percent in the first quarter of 2019, equivalent to the pace during same period last year.
Lower prices in seven of the 11 groups of consumer goods and services helped drag the consumer price index (CPI) in March down by 0.21 percent from last month, according to the General Statistics Office (GSO).
The southern province of Ba Ria-Vung Tau has licensed nearly 569 million USD registered for 11 new projects and 12 existing projects of both domestic and foreign investors since the beginning of 2019.
The National Advisory Council on Financial and Monetary Policies met on March 28 to assess the economic growth in Quarter 1 and determine factors that can affect growth in the remaining months of the year.
Hanoi has recorded a GDP growth rate of 6.99 percent in the first quarter of this year, equivalent to the same period in 2018, it was reported at a meeting of the municipal People’s Committee on March 26.
Although people and businesses don’t want the price of electricity and other commodities to increase, it is necessary to raise these prices to balance the economy in a multidimensional way.
More than 9,500 new businesses were established in the Mekong Delta in 2018, heard a meeting among regional business leaders in Can Tho city on March 20.
National Assembly Chairwoman Nguyen Thi Kim Ngan held a working session with authorities of south central Binh Thuan province on March 16 to discuss socio-economic situation, Party building and key tasks for the near future.
