The central city of Da Nang posted a 7.54 percent increase year on year in its Gross Regional Domestic Product (GRDP) during the period from January to June.
Growth is an inclusive target of Vietnam, which will assist the country in addressing employment, increasing budget collection and reducing public debt, Prime Minister Nguyen Xuan Phuc stressed at a national teleconference between the Government and localities on July 2.
VOV.VN - Industrialization towards modernization is defined as the core of the national development strategy as Vietnam enters a new period of growth and integration.
General Director of the General Statistics Office (GSO) Nguyen Bich Lam urged sectors and localities not to take it for granted that the yearly goal of 6.7 percent GDP growth is within reach, noting that the usual trend of higher growth towards year-end is no longer true for this year.
Prime Minister Nguyen Xuan Phuc has urged the Mekong Delta province of Soc Trang to work out proper measures to fulfill its set growth targets, especially gross domestic product (GDP) and provincial competitiveness index (PCI).
Hanoi needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyen Xuan Phuc.
VOV.VN - The Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 53.9 in May from 52.7 in April, with a record rise in new export orders, according to a report in the Nikkei Asian Review.
VOV.VN - After suffering a decline in April, Vietnam’s exports rebounded in May with most key products achieving strong growth and exports rising to US$19.2 billion in May, up 4.5% over April and 7.1% against the same period last year.
VOV.VN - Once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect, tariffs on Vietnamese wood exports to signatories of the CPTPP will be cut down to zero, bringing many advantages for the wood sector, according to the Vietnam Timber and Forest Product Association (VIFORES).
A set of seven potential sunrise industries in ASEAN and neighbouring nations, including Australia, that will create momentum for economic growth and job creation were announced at the ASEAN-Australia Special Summit in Sydney, Australia on March 16.
VOV.VN - Vietnam’s agriculture reached an export value of US$36.5 billion last year. With positive signals in the first two months of 2018, the sector aims to grow 3.05% this year with an export value of US$40.5 billion, higher than previous plans.
VOV.VN - Australia ranked 14th among more than 200 Vietnam’s trade partners with the total value of imports and exports being around US$6.45 billion for 2017, a year-on-year rise of 22.7%, according to the General Department of Vietnam Customs.
Prime Minister Nguyen Xuan Phuc has required every sector to build quarterly growth scenario completed with specific plans, solutions and task assignment, to submit to him before the Lunar New Year (February 16, 2018).
VOV.VN - Vietnam pepper exports increased by 20.5% to 214,000 tons in 2017, but the value dropped by 22% to US$1.12 billion after the export price fell 34.7% against the previous year.
Prime Minister Nguyen Xuan Phuc has advised the central province of Thua Thien-Hue to turn tourism into a spearhead sector to spur its economic development by tapping historical and cultural heritage of its former imperial Hue city.
The insurance market has maintained a high growth rate of 21.2 per cent in 2017, gaining revenue of VND105.61 trillion (US$ 4.65 billion), a senior finance ministry official has said.
With Vietnam trying to find ways to boost its growth, further improvements in labour productivity are considered one of the key factors for reaching the goal.
The Premier of Ontario (Canada) Kathleen Wynne announced six new agreements between organisations from Vietnam and Ontario, including five in education, during a trade promotion event on December 6 as part of Ontario’s 2017 Business Mission to Vietnam.
Vietnam’s President Tran Dai Quang underscored the need for APEC to affirm and uphold its leadership in seeking new drivers for growth, to contribute to a peaceful, stable, dynamic, interconnected and prosperous Asia-Pacific while chairing the 25th APEC Economic Leaders' Meeting.
VOV.VN - APEC members have renewed their resolve to sustain their cooperation and connectivity amid regional uncertainty. APEC Economic Leaders’ Week in Da Nang city has outlined measures to liberalize trade and encourage investment.