Vietnam economy

  • Vietnam's trade surplus reached US$882 million in the first half of March 2020


    The total value of goods export and import of Vietnam in the first half of March 2020 reached 21.47 billion USD, up 6.2% (equivalent to 1.26 billion USD) compared to the second half of February 2020, the Vietnam Customs Statistics has announced.

  • Two scenarios for 2020 Vietnam economic growth


    The National Centre for Socio-Economic Information and Forecast (NCIF) points out two scenarios for the Vietnam’s economy in 2020, according to which the growth rate will be either 7.01 or 6.76 percent in the new context of the world.

  • New census seeks to compile reliable data


    The General Statistics Office (GSO) began carrying out a general economic census nationwide on March 1. GSO head Nguyen Bich Lam tells the Vietnam News Agency that apart from its usual functions, this census will collect data on foreign NGOs in the...

  • Slight rise in February CPI


    Core inflation for February increased 0.2 per cent compared to January, making the total increase in inflation for the first two months of 2017 1.69 per cent compared to the same period last year. The fact that this is below 2 per cent shows that...

  • Vietnam to receive various benefits from TPP agreement


    The Trans-Pacific Partnership (TPP) agreement will benefit Vietnam in not only economic but also institutional and social terms, said Minister of Industry and Trade Vu Huy Hoang.

  • Support needed to place SMEs on the global


    At a recent conference on Vietnamese firms’ competitiveness, many experts and business leaders have noted that Vietnamese small and medium-sized enterprises (SMEs) are currently enduring a plethora of hurdles, which hampers their growth and...

  • Trade deficit with China keeps rising


    The Ministry of Industry and Trade announced that Viet Nam's trade deficit with China continued to grow, presently at US$22.3 billion, and with another quarter of the year left to go.

  • WB forecasts Vietnam’s growth rate at 6-6.2 percent in 2015


    The World Bank (WB) expects Vietnam’s economic growth to hover around 6-6.2 percent in 2015, underpinned by further recovery in domestic demand, robust private consumption and investment growth.

  • Car sales increase 58 percent over last year


    Sales of automobiles rose in most segments during the first half of the year in comparison with the same period last year.

  • Domestic gold prices fall sharply


    Gold prices fell sharply in the Vietnamese market in the afternoon of July 16.

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