The Central Institute for Economic Management (CIEM) under the Ministry of Planning and Investment has sketched out two scenarios for the Vietnamese economy in 2023. Under the first, the national GDP will grow 6.47%, inflation 4.08%, and export 7.21%, and export-import revenue is projected at 5.64 billion USD, heard a workshop in Hanoi on January […]
Read MoreThe report, released on Tuesday, also showed that the average monthly income for workers in all three economic sectors grew. According to a report by the General Statistics Office (GSO), the average per capita monthly income for Vietnamese citizens increased by 16 per cent to VND6.7 million ($284) in 2022. The report, released on Tuesday, […]
Read MoreAlthough the last months of the year had seen a substantial drop in export orders, the textile and garment industry, as well as the seafood industry, still ended the year with positive results. The textile and garment industry saw a turnover of US$44 bln, while the seafood industry exceeded its target and brought in US$11 […]
Read MoreThe Thailand Ministry of Public Health on January 9 said that the country has canceled the regulation requiring travelers to show certificates on Covid-19 vaccination when entering Thai territory. Reuters has quoted Minister of Public Health of Thailand’s Anutin Charnvirakul as saying that there is no need to present vaccination certificates and unvaccinated people can […]
Read MoreVietnam’s GDP growth is projected at 6.3 per cent in 2023, according to the latest Global Economic Prospects report by the World Bank. Vietnam has witnessed strong growth in 2022 which was supported by a release of pent-up demand as Vietnam continued to lift pandemic-related mobility restrictions and travel bans. The country also benefited from […]
Read MoreThe Ministry of Industry and Trade (MoIT) called for the fuel price cycle to be shortened from 10 days to 7 days, on Thursday every week (except for public holidays). The Ministry of Industry and Trade (MoIT) has called for the government to loosen control on fuel prices, leaving suppliers and retailers to set the […]
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