The Hanoitimes – Vietnam’s economy kept growing track in the first half this year with maintained GDP growth rate and stable CPI. Vietnam’s economy stayed strong in the first half (H1) of this year with robust retail turnover, record import-export turnover, high foreign direct investment (FDI), stable consumer price index (CPI), growing international arrivals, and a […]
Read MoreThe Hanoitimes – The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets. Vietnam’s factories have swelled with orders as US tariffs cause companies to reconsider making their products in China. Now, more big technology firms, including tech giant Apple, are […]
Read MoreThe Hanoitimes – The domestic sector reported a trade deficit of US$16.8 billion in the period, while foreign-invested firms posted a trade balance of US$18.6 billion. Vietnam reported an estimated trade surplus of US$200 million in July, leading to a surplus of US$1.8 billion in the seven-month period, significantly lower than the surplus of US$2.6 billion […]
Read MoreThe Hanoitimes – As of July 15, the revenue collection reached VND777.7 trillion (US$33.54 billion), equivalent to 55.1% of the year’s estimate. Vietnam recorded a state budget surplus of VND51.5 trillion (US$2.22 billion) in the year to July 15, 2019, indicating a significant improvement from a budget deficit of VND35.9 trillion (US$1.54 billion) in the same […]
Read MoreThe Hanoitimes – In the May update, AMRO forecast Vietnam’s inflation to pick up to 3.8% this year and 3.7% in 2020. The ASEAN+3 Macroeconomic Research Office (AMRO) has kept its GDP growth forecasts for Vietnam at 6.6% for 2019 and 6.7% for 2020, unchanged from its May projections, higher than the 4.9% growth projected for […]
Read MoreThe Hanoitimes – The report showed disappointing results, indicating shortcomings in the process of budget management at state agencies. Twenty state agencies at ministerial level out of 37 under the survey of the Ministry Open Budget Index (MOBI) 2018 failed to disclose information regarding budget execution, according to MOBI 2018 report. The report, jointly launched by […]
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