Thông tấn xã Việt Nam

Tag: ECONOMY


GDP growth reaches 6.42% in first half

Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period.

Vietnam's economy sees positive growth in H1

Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, according to the General Statistics Office.

30 cities and provinces with the best economic governance announced

The 2023 report on Vietnam’s Provincial Competitiveness Index and Provincial Green Index (PCI/PGI), compiled by USAID and the Vietnam Chamber of Commerce and Industry (VCCI), was released recently, announcing the 30 cities and provinces with the best economic governance.

Registered FDI reaches 9.27 billion USD after four months of 2024

As of April 20, total registered foreign investment in Vietnam had reached 9.27 billion USD, an increase of 4.4% compared to the same period of 2023.

Export value of six key industrial crops to reach 14-16 bln USD by 2030

Vietnam aims to post export turnover of 14-16 billion USD from six key industrial crops by 2030.

Vietnam posts prominent economic achievements since 1975

Forty-nine years since Reunification Day (April 30, 1975 - 2024), Vietnam has recorded significant progress in its socio-economic development and quality of life for its citizens has continually improved. The scale of its GDP has consistently expanded, reaching approximately 430 billion USD in 2023, making it the fifth-largest economy in ASEAN and 35th among the world’s largest 40 economies.

Four commodities post Q1 export value of over 5 billion USD

The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.

Added 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%.

Vietnam’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.

Registered FDI in Vietnam tops 6.17 billion USD in Q1

As of March 20, total newly-registered, additional, and contributed capital and share purchases of foreign investors stood at more than 6.17 billion USD in 2024, a year-on-year increase of 13.4%.

Vietnam's economy in first two months of 2024

In the first two months of 2024, economic indicators paint a dynamic picture for Vietnam with the Consumer Price Index (CPI) surging by an average of 3.67%, core inflation increasing by 2.84% and total registered foreign investment reaching nearly 4.29 billion USD.

Int’l organisations upbeat about Vietnam’s 2024 GDP growth

The Asian Development Bank (ADB), Bloomberg, and HSBC have all forecast that Vietnam’s GDP growth could reach 6 percent in 2024. Standard Chartered Bank, meanwhile, has forecast 6.7 percent, surpassing Vietnam’s own growth target of 6-6.5 percent.

Vietnam’s economic performance in January 2024

The consumer price index (CPI) increased 3.37% in the opening month of 2024, foreign direct investment 40.2%, international arrivals 73.6%, and the Index of Industrial Production (IIP) 18.3%.

E-commerce grows 25% in 2023

The size of Vietnam’s e-commerce market is estimated to have reached 20.5 billion USD in 2023, for growth of 25 percent compared to 2022. This demonstrates that e-commerce is increasingly asserting its position as a crucial component of Vietnam’s digital economy, driving economic development and leading digital transformation in businesses.

Rice exports soar to record 8.3 million tonnes

Vietnam’s rice production in 2023 stood at 43.5 million tonnes, an increase of 1.9%, adequately meeting domestic consumption, processing, animal feed production, and exports, which set a record of nearly 8.3 million tonnes.

Vietnam’s economic performance in 2023

Vietnam’s economy tended towards recovery in 2023, with macroeconomic stability maintained, inflation controlled, major balances ensured, and significant achievements made across various sectors, with set targets met. The country continues to be a bright spot in the regional and global economies.