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.
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