Tag: growth
Hanoi enters New Year with fresh optimism
Facing a range of difficulties and challenges last year, Hanoi has realised and even exceeded all 22 of its socio-economic targets, Secretary of the municipal Party Committee Dinh Tien Dung told the Vietnam News Agency (VNA) in a recent interview.
A dual success of Vietnamese economy
VOV.VN -Vietnam has successfully weathered the COVID-19 crisis and overcome other global challenges to write its own success story in 2022, with GDP growth recorded at 8.03% and inflation controlled at 3.15%.
2023 state budget revenue estimate up 0.4%: report
State budget revenue in 2023 is projected at VND1.62 quadrillion (US$68.5 billion), up 0.4% from 2022, according to a report on state budget, which was exclusively made for the public.
Strong growth recorded in revenue from retail, services
Revenue from retail sales of goods and services totalled about VND515.8 trillion (US$21.87 billion) in December and over VND1.54 quadrillion (US$65.3 billion) in the fourth quarter of 2022, a year on year rise of 17.1%, reported the General Statistics Office (GSO).
Substantial recovery for Vietnamese economy in 2022
VOV.VN - With this year seeing Vietnam’s GDP growth rate reach a 11-year record high of 8.02%, the local economy has made an impressive recovery amid global uncertainties, according to insiders.
Hanoi records nearly 8.9% economic growth in 2022
VOV.VN - Hanoi enjoyed annual growth of 8.89% in terms of gross regional domestic product (GRDP) in 2022, higher than the set target of 7% to 7.5%, according to details given by the Municipal Statistics Office.
Industrial sector reports 9% growth in 2022
Vietnam's industrial sector grew by 9% in 2022, according to a report published on December 26 by the Ministry of Industry and Trade (MoIT).
Credit growth hits about 13%
Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.
Outstanding economic events of Vietnam in 2022
Faster-than-expected GDP growth, the upgrade of Vietnam’s credit ratings, and big fluctuations in the corporate bond market are among notable events of the Vietnamese economy in 2022.
Vietnam – bright spot of world economic landscape
Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.
