Vietnamplus

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.

Vietnam’s industrial production and retail sales slid down in October due to stalled demand at home and abroad, according to the Vietnam Macro Monitoring report released by the World Bank in Hanoi on November 16.

Vietnam’s index of industrial production went up 9 percent in the first 10 months of this year, the Ministry of Planning and Investment reported.

Vietnam’s index of industrial production (IIP) went up 9% in the first 10 months of this year, the Ministry of Planning and Investment (MPI) reported.

Hanoi attracted 1.28 billion USD in foreign direct investment (FDI) in the first 10 months of this year, a rise of 27% year on year, reported the city Department of Planning and Investment.

Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam. Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam.

Hanoi is looking to drive the sustainable development of the capital’s economy by taking a series of measures that include developing its industrial sector and product competitiveness in order to play an ever evolving role as it integrates with the global supply chain.

The Mekong Delta province of Kien Giang recorded economic growth of 8.6% in the first nine months compared to the same period last year, the largest growth rate in five years, according to a report released by the provincial People’s Committee.

The northern province of Vinh Phuc recorded an economic growth of nearly 9% in the first nine months of this year, higher than the national average.

Authorities in the northern province of Ha Nam have committed support for foreign firms.

The southern industrial hub of Binh Duong recorded close to 8 billion USD worth of trade surplus in the first nine months of this year, as heard at a September 28 meeting that reviewed the province’s socio-economic growth.

The World Bank (WB) has forecast Vietnam's economy to grow by 7.2% in 2022, the highest growth rate among East Asian and Pacific economies.

The index of industrial production (IIP) in the first eight months of 2022 surged 9.4% over the same period last year, according to the General Statistics Office (GSO).

The Ministry of Finance (MoF) has proposed a reduction of the most favoured nation (MFN) tariff on a number of petrol products widely used in industrial production from 20% to 10% in an attempt to bring down the economy's input cost.

Vietnamese economy enjoyed growth in the first eight months of 2022 with bright spots across various fields such as industrial production, trade and foreign tourist attraction.

Despite the changes in the world situation, Vietnam has made positive recovery in business and production activities, stabilised macro-economy, controlled inflation, and ensured major economic balances, according to a report by the Ministry of Planning and Investment (MPI) delivered at the Government regular meeting on September 6.

The Vietnam Oil and Gas Group (Petrovietnam) has worked hard over the past nearly 50 years to fulfill its missions of contributing to ensuring national energy security and being an economic locomotive.

The index of industrial production (IIP) in the first eight months of 2022 surged 9.4% over the same period last year, according to the General Statistics Office (GSO).