According to a representative of the Department of Industry under the Ministry of Industry and Trade, the capacity of domestic enterprises has been improved thanks to the combined impact of the Government’s support policies.
Ho Chi Minh City's economy continues to maintain positive growth momentum, driven by industrial production, domestic consumption, and stable supply and demand, heard a meeting of the municipal People’s Committee on October 30.
The processing and manufacturing industry holds an important position in Hanoi's economic structure. Therefore, the municipal authorities have paid due attention to the development and expansion of this sector to create growth momentum for its gross regional domestic product (GRDP).
The decline of the processing and manufacturing industry in the first quarter of 2023, leading to a decline in economic growth, signals an urgently need to have effective policies and solutions to support the economy.
The first quarter of 2023 saw a decline of 2.2% in the Index of Industrial Production (IIP) compared to the same period last year, due to the impact of the world economy's challenges on domestic production and business, according to the General Statistics Office (GSO).
Vietnam raked in 25.08 billion USD from exports in January 2023, down 13.6% from the previous month, according to the Ministry of Industry and Trade (MoIT).
Hanoi is set to become a globally-connected city with high living standards and quality of life, according to a new plan that aims to raise the Gross Regional Domestic Product (GRDP) per capita to 36,000 USD by 2045.
The index of industrial production (IIP) in the first half of this year surged 8.48% over the same period last year, according to the General Statistics Office (GSO).
Vietnam’s Gross Domestic Product in the second quarter of this year was estimated to increase 7.72% year-on-year, higher than the growth rates in the same quarters during the 2011-2021 period, the General Statistics Office has reported.
Businesses from the Republic of Korea (RoK) poured over 2.43 billion USD into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.
The index of industrial production (IIP) in January is estimated to enjoy a year-on-year rise of 22.2 percent, according to the General Statistics Office.
The added value of the industrial sector increased by 3.36 percent last year, higher than the average growth pace of the national economy, statistics show.
The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.
Almost all industrial sectors in Hanoi witnessed a decline in their production in February, partly due to the nine-day Lunar New Year holiday, according to the city’s Statistics Office.
Hanoi needs to use a different approach in order to attract and effectively use foreign direct investment (FDI), given new opportunities and challenges that are expected to pop up in the next 10 years, Deputy Prime Minister Vuong Dinh Hue said at a working session with municipal leaders on January 29.
The southern province of Ba Ria – Vung Tau is one of the top three localities in the country in luring investment, especially foreign direct investment (FDI), with total registered capital of 3.6 billion USD in 2018.
Prime Minister Nguyen Xuan Phuc called on Austrian businesses to invest in a wide range of areas in Vietnam while addressing the Vietnam-Austria Business Forum in Vienna on October 15.
The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
