Vietnam's economic growth forecast to gain 6.4% in 2015
According to the Ministry of Planning and Investment, Vietnam`s economy remained stable despite impacts of plunging oil prices in the world market and complicated global financial market developments after China’s devaluation of its yuan.
The Ministry of Planning and Investment said Vietnam’s economic growth in 2015 is forecast to reach 6.4%.
The country’s macro-economy is still under control despite negative impacts from regional and global economic downturns, Minister of Planning and Investment Bui Quang Vinh said, citing recent signals of national economic recovery.
In the first eight months of this year, the country’s industrial production index and goods export turnover rose by 9.9% and 9.5%, respectively, against those in the same period last year.
The total retail sales of consumer goods and services from January - August were estimated to increase 10.1% year-on-year, generating positive signs in purchasing power and total demand.
In August alone, as many as 9,301 enterprises were set up nationwide with total registered capital of 55.2 trillion VND (nearly 2.5 billion USD), representing increases of 41% and 41.9%, respectively, from the figure recorded in July.
However, agriculture and aquaculture are facing challenges due to unfavourable weather, low output and prompt reduction in export turnovers and prices.
The country’s macro-economy is still under control despite negative impacts from regional and global economic downturns, Minister of Planning and Investment Bui Quang Vinh said, citing recent signals of national economic recovery.
In the first eight months of this year, the country’s industrial production index and goods export turnover rose by 9.9% and 9.5%, respectively, against those in the same period last year.
The total retail sales of consumer goods and services from January - August were estimated to increase 10.1% year-on-year, generating positive signs in purchasing power and total demand.
In August alone, as many as 9,301 enterprises were set up nationwide with total registered capital of 55.2 trillion VND (nearly 2.5 billion USD), representing increases of 41% and 41.9%, respectively, from the figure recorded in July.
However, agriculture and aquaculture are facing challenges due to unfavourable weather, low output and prompt reduction in export turnovers and prices.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.
14:48, 2024/10/29
Hanoi steps up inspections to crack down on unsafe food
The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.
22:24, 2024/10/23
SEMIEXPO Vietnam 2024 to foster growth of semiconductor industry
The exhibition aims to develop the ancillary industry ecosystem and attract investment from the world's leading semiconductor companies.
- Hanoi targets double-digit growth over next decade
- Hanoi's industrial production shows positive growth
- Hanoi launches Vietnamese Fashion Product Brand Festival 2024
- Exhibition promotes Hanoi's key industrial products
- New partnerships forged at Hanoi Industrial Development Conference
- Hanoi addresses administrative challenges through dialogues