The consumer price index (CPI) in June increased by 0.69% from the previous month, according to the General Statistics Office.
Vietnam jumped 39 steps to become the 62nd best country worldwide for quality of life in 2021, according to a report released by CEOWORLD – the world's leading business and trade magazine.
Vietnam’s solar energy production expanded to nearly 11% from about 0% in just four years, turning the country into the 10th solar power generator of the world in 2021.
Vietnam has about 335 industrial parks across the country together with 17 economic zones, which play an important role in investment attraction and State budget collection.
A circular economy aims to circulate the waste within a single enterprise or turn waste from one industry into a resource for another. According to the United Nations Industrial Development Organisation (UNIDO), a circular economy is a closed production cycle, where waste is returned as raw materials for production, thereby reducing any negative impact on the environment, ecosystems, and human health.
According to forecasts by the International Monetary Fund (IMF), Vietnam will record an economic growth of 6 percent in 2022, among economies with the highest growth rate of the world.
A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.
Fishery export turnover this May hit the 1-billion-USD benchmark, posting a year-on-year rise of 27 percent and bringing the figure in the first five months of the year to more than 4.6 billion USD, up 42 percent compared to the same period of 2021.
Data from Google Trends indicated that searches for Vietnam tourism surged more than 75 percent in the first five months of 2022, posting the highest growth in the world
Agro-forestry-fishery exports hit about 23.2 billion USD in the first five months of 2022, posting a year-on-year increase of 16.8 percent. Nine groups of products enjoyed export values of more than 1 billion USD in the period, including coffee, rubber, rice, cashew and vegetables.
An overview of the Vietnamese economy in the first 5 months of 2022.
As of May 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 11.71 billion USD in the first five months of this year, equivalent to 83.7 percent of the same period last year.
Six export commodities saw export value from 5 billion USD in the first five months of 2022, according to the General Statistics Office.
As many as 26 commodities posting export turnover of more than 1 billion USD in the first five months of 2022, accounting for 89.6 percent of Vietnam’s export turnover. Of them, six items enjoyed turnover exceeding 5 billion USD, making up 62.3 percent.
Renewable energy capacity increases to a record high in 2022.
The industrial sector recorded the highest growth rate among national economic sectors in the 2010-2020 period, contributing some 30% of GDP.
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