Vietnam’s export turnover from glass and glass products reached US$592.8 million in the first seven months of 2018, representing a year-on-year increase of 6.1%, according to the General Department of Customs.
Vietnam’s steel exports rose 40.4% year on year to 3.41 million tonnes in the first seven months of the year, raking in US$2.53 billion, up 56.3%.
Cement exports in the first seven months of the year registered impressive growth, with 17.65 million tonnes sold for US$656.3 million, year-on-year increases of 63.2% in volume and 73.4% in value.
Vietnam earned US$109 million from exporting 67,000 tonnes of tea in the first seven months of 2018, a year-on-year decrease of 12.9% in volume.
The southern province of Dong Nai lured more than US$980 million in 120 foreign direct investment (FDI) projects in the first seven months of 2018, equivalent to 98% of its annual plan.
As many as 14,657 businesses were established in the capital city of Hanoi in the first seven months of 2018 with a total registered capital of over VND16 trillion (US$687 million), down 1% in number but up 42% in capital year-on-year.
Hanoi’s export turnover in July was estimated at US$1.32 billion, up 2.3% against June, and 29.2% higher than the same period last year.
The southern province of Ba Ria-Vung Tau ranked third among cities and provinces nationwide in FDI attraction with about US$2.15 billion landing into local projects since the beginning of 2018.
Revenue to the State budget totaled VND775 trillion (over US$32.2 billion) in the first seven months of this year, equivalent to 58.7% of the yearly estimate and up 13.4% year-on-year, said the Ministry of Finance on August 7.
Hanoi lured more than US$6.17 billion in foreign direct investment (FDI) in the first seven months of 2018, making it the leading FDI attractor of the country, accounting for 26.9% of total FDI commitments in the period.
Vietnam has recorded robust socio-economic development in the first seven months of the year, with stable macro-economy, and good control over inflation, in the context of the escalating US-China trade war, said Minister-Chairman of the Government’s Office Mai Tien Dung.
The northern port city of Hai Phong welcomed 4.5 million tourist arrivals in the first seven months of this year, 19.9% higher than the figure recorded in same time last year, according to Director of the city’s Department of Tourism Nguyen Thi Thuong Huyen.
Apart from impressive growth of industrial production index, trade and service activities in the seven months of this year were fairly active as local spending grew.
Vietnam saw strong growth in its industrial production index (IIP) in the first seven months of 2018 thanks to the expansion of many major economic sectors, especially processing and manufacturing, which recorded the highest expansion in the recent seven years.
Vietnam gained a trade surplus of US$3.1 billion in the first seven months of this year, reported the General Statistics Office (GSO).
The export turnover of agro-forestry-fishery products in July was estimated at US$2.85 billion, bringing the total value in the first seven months of 2018 to US$22.2 billion, a year-on-year rise of 7.8%.
Foreign investors in Vietnam disbursed a total of US$9.85 billion from begining of this year to July 20, up 8.8% from a year earlier, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said.
The southern province of Dong Nai attracted nearly US$980 million of foreign investment so far this year, equal to 97% of its target for the whole year, according to the provincial Department of Planning and Investment.
The Index of Industrial Production (IIP) in Ho Chi Minh City expanded by 7.05% in the first seven months of 2016
As many as 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, according to the Finance Ministry on August 10.
