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Vietnam’s nine-month GDP growth hits 9-year record high

Vietnam’s nine-month GDP growth hits 9-year record high

Vietnam’s GDP expanded 6.98 percent in the January-September period, the highest nine-month growth rate over the past nine years, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam on September 28.

Inflation around 3.3 – 3.5 percent this year: Deputy PM

Inflation around 3.3 – 3.5 percent this year: Deputy PM

The Steering Committee for Price Management held a meeting in Hanoi on September 27, during which Deputy Prime Minister Vuong Dinh Hue said that if there are no unexpected factors, this year’s inflation can be kept at around 3.3 – 3.5 percent.

Nearly 100,000 enterprises established in eight months

Nearly 100,000 enterprises established in eight months

As many as 90,500 new businesses were established in the first eight months of the year, with a combined registered capital of 1.1 quadrillion VND (47.3 billion USD), a year-on-year increase of 3.5 percent in the number of enterprises and 31 percent in capital, according to the General Statistics Office (GSO).

August sees trade surplus of 1.7 billion USD

August sees trade surplus of 1.7 billion USD

Vietnam enjoyed a trade surplus of 1.7 billion USD in August, which brought the trade surplus for the January-August period to 3.4 billion USD, according to the General Statistics Office (GSO).

Committee on strengthening national productivity needed

Committee on strengthening national productivity needed

The Government needs to establish a national strengthening productivity committee to better labour productivity, thus promoting the economic growth, said Director General of the General Statistics Office of Vietnam Nguyen Bich Lam on August 7.

Minister underlines urgent need to improve labour productivity

Minister underlines urgent need to improve labour productivity

Minister of Planning and Investment Nguyen Chi Dung has stressed the urgent significance of improving labour productivity in promoting growth, overcoming the middle-income trap, avoiding falling behind and narrowing down development gap with other countries.

Retail sales hit US$120 billion in seven months

Retail sales hit US$120 billion in seven months

VOV.VN - The retail sales of goods and services totaled VND2.804 quadrillion (US$120.57 billion) during the first seven months of this year, a leap of 11.6 per cent on year, according to the General Statistics Office of Vietnam.