The year 2016 has seen significant achievements and efforts from the entire education sector, helping boost its growth.
With unexpectedly strong growth momentum in Q3 likely to carry over into Q4 and next year, the growth forecast for Vietnam is adjusted upward from 6.8% to 6.9% for 2019, and from 6.7% to 6.8% for 2020.
Exports of aquatic products in the second quarter could increase by 8 percent at the highest, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The expansion of Vietnam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast in a report released on May 14.
Vietnam raked in 700 million USD from aquatic exports in January, a year-on-year rise of 15.2 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Deputy Prime Minister Trinh Dinh Dung has approved tasks adjusting the master plan for the central city of Da Nang.
Prime Minister Nguyen Xuan Phuc has asked ministries, sectors and localities to continue consolidating macro-economic stability and promoting growth, calling this the most important task for 2019.
Businesses based in Ho Chi Minh City recorded a year-on-year increase of 7.8 percent in their export revenue this year to reach 38.32 billion USD, according to the municipal Department of Industry and Trade.
Vietnam has attracted companies renting industrial property due to low cost as well as strategic location, strong economic growth and development of the middle-class, according to JLL Vietnam.
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.
With 15.8 percent growth in the first five months of this year to 93.09 billion USD, achieving export growth target of more than 10 percent for the whole year is feasible.
Hanoi’s industrial production index rose by 7.8 percent in the first five months of this year, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.
Vietnam’s export earnings from agro-forestry-aquatic products are likely to exceed 40 billion USD this year after reaching 15.6 billion USD in the first five months, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Prime Minister Nguyen Xuan Phuc has asked Binh Thuan province to further improve the investment environment, remove difficulties for enterprises, and boost the growth of both industry and agriculture.
Vietnam’s population is estimated to reach 94.7 million at the end of 2018, according to the General Office for Population and Family Planning (GOPFP) under the Health Ministry.
Ho Chi Minh City is destined to reach Gross Regional Domestic Product (GRDP) growth of between 8.3% and 8.5% for 2018, according to a January 2 conference on the city’s socio-economic development.
The pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11.
PSNews – After nearly 3 years of the signing of the Vietnam – Republic of Korea (RoK) Free Trade Agreement, the bilateral trade ties have enjoyed strong growth.
Businesses in the Mekong Delta city of Can Tho have enjoyed good export growth, with sharp rises in shipments of rice and aquatic products which make up more than 70% of local total export value.
Boeing Co posted second-quarter profit and cash growth that beat analysts' estimates on Wednesday, even though sales were less than expected, sending shares up sharply.