Vietnam’s index of industrial production (IIP) in April is estimated to rise by 24.1% year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office.
VOV.VN - The southern province of Dong Nai has attracted US$320 million in foreign direct investment (FDI) in the first quarter this year, rising 40% against the same period last year, announced the provincial Department of Planning and Investment.
Jinko Solar Technology Ltd of Hong Kong on March 31 was granted a licence for investing in a photovoltaic cell technology project worth US$500 million in the northern coastal province of Quang Ninh.
Total new and additional investment capital in Ho Chi Minh City’s industrial and processing zones reached US$224.61 million in the first quarter of this year, an increase of 66.34% year-on-year and representing 40.84% of the annual plan.
Helping businesses revive production and trading is one of the important tasks that the Department of Industry and Trade of Ho Chi Minh City will focus on in 2021.
The Ministry of Industry and Trade (MoIT) will pay greater attention this year to the implementation of projects manufacturing products in supporting industries, as many opportunities have appeared for Vietnam to bolster production and exports.
VOV.VN - The Vietnamese economy continued its recovery during the opening two months of the year, with signs of robust growth in several sectors coupled with the COVID-19 pandemic gradually being brought under control, according to the General Statistics Office (GSO).
The Index of Industrial Production (IIP) in Ho Chi Minh City climbed 6% year-on-year in the first two months of 2021 despite a fall of 24.6% in February, according to the municipal Statistics Office.
Business activities in the Vietnamese manufacturing sector improved, as the number of new orders jumped in February due to the rising demand from the global market, which, in turn, saw firms raising output, staffing levels and purchasing activity.
The Ho Chi Minh City People’s Committee set targets and approved operational orientations and solutions for this year for its industrial and trade sectors at a recent meeting.