VOV.VN - The foreign-invested sector is considered to be a key driving force to develop the economy, accelerate international ties, and support local businesses in engaging in further involved in global value chains, said Minister of Planning and Investment Nguyen Chi Dung at the Vietnam Business Forum on March 19 in Hanoi.
Vietnam’s exports have been on a path of recovery since the beginning of the year.
VOV.VN - Despite the total import export turnover standing at an estimated US$262.54 billion, still down 14.7% over the same period from last year, the import and export turnover in May showed signs of improvement, according to figures released by the General Statistics Office (GSO).
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than US$14 billion in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
VOV.VN - Vietnam is estimated to have recorded a trade surplus of US$2.82 billion during the initial two months of the year, according to the latest report released by the General Statistics Office (GSO) on February 28.
Increasing labour productivity, ensuring fast and sustainable growth and overcoming the middle income trap are priorities for the country in terms of economic reform.
The effectiveness of foreign investments in Vietnam will be assessed through 36 indicators as proposed by the Ministry of Planning and Investment in a draft decision of the Prime Minister.
VOV.VN - Vietnam’s gross domestic product (GDP) growth in the third quarter of the year recorded a sharp rise of 13.67% year-on-year, raising its nine-month GDP growth rate to 8.83%, the highest figure over the past 11 years, the General Statistics Office (GSO) unveiled on September 29.
VOV.VN - Vietnam raked in approximately US$16.8 billion in foreign direct investment (FDI) as of August 20, equal to 87.7% over the same period from 2021, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
VOV.VN - Based on the preliminary results recorded during the first half of the year, the Ministry of Industry and Trade anticipates that export turnover for the whole year is estimated to be at about US$368 billion, a year-on-year increase of around 9.46%.