Vietnam achieves impressive economic growth in 2019
Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, according to the World Bank (WB)’s recent report.
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The Commemoration of the Hung Kings and the Hung Kings Temple Festival are among the most important festivals of the year for Vietnamese people. The worship of the Hung Kings is not only part of the cultural identity of the Vietnamese community but has also transcended national boundaries to become an Intangible Cultural Heritage of Humanity.
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InfographicAdded value of industrial sector up 6.18% in Q1
Vietnam’s industrial sector posted significant growth in the first quarter of 2024, of an estimated 6.18% compared to the first quarter of 2023. In particular, manufacturing and processing saw robust growth of 6.98%.
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InfographicOver 36,200 new enterprises established in Q1
A total of 36,244 new enterprises were set up in the first quarter of this year with combined registered capital of 332.2 trillion VND (13.3 billion USD), up 6.9% in number and 7% in capital.
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InfographicVietnam - China two-way trade
China has long been Vietnam’s largest trading partner, with two-way trade consistently exceeding 100 billion USD since 2018. Trade between the two neighbours reached 171.85 billion USD last year.
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InfographicCoconut output to top 2 million tonnes by 2030
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InfographicVietnam’s economic performance in Q1, 2024
Figures from the General Statistics Office show that Vietnam’s economy is experiencing a strong recovery during the first quarter of 2024. GDP growth is higher than in the first quarter in the 2020-2023 period, while tourism is booming and an impressive trade surplus has been posted.
