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Covid-19 slump forces nearly 30,000 businesses to suspend operations

Covid-19 slump forces nearly 30,000 businesses to suspend operations

As many as 29,200 businesses in Vietnam registered to temporarily suspend operations in H1, up 38.2 percent year-on-year, according to General Statistics Office.
H1 foreign arrivals plummet 56 pct

H1 foreign arrivals plummet 56 pct

With Vietnam’s borders remaining closed as a Covid-19 preventive measure, foreign visitor numbers in H1 dropped 55.8 percent year-on-year to 3.74 million.
June 29, 2020 | 07:59 pm GMT+7
Keeping 2020 inflation below 4 pct will be difficult: official

Keeping 2020 inflation below 4 pct will be difficult: official

Keeping CPI below 4 percent next year will be a tough task, challenging with prices of pork and other essentials being unpredictable variables.
December 28, 2019 | 12:59 pm GMT+7
GDP growth tops 7 pct

GDP growth tops 7 pct

Vietnam’s GDP growth of 7.02 percent this year exceeded the parliament’s target of 6.6-6.8 percent as well as forecasts by several international organizations.
December 27, 2019 | 05:59 pm GMT+7
Service sector sees biggest increase after GDP recalculation

Service sector sees biggest increase after GDP recalculation

​The service sector saw the biggest increase after Vietnam's GDP reevaluation, adding VND315-615 trillion ($13.6-26.5 billion) each year between 2010 and 2017.
December 14, 2019 | 03:44 pm GMT+7
Chinese investment in Vietnam surges

Chinese investment in Vietnam surges

Pledged FDI from China reached $2.28 billion between January and November, nearly double that of the same period last year.
December 03, 2019 | 11:01 am GMT+7
Electronics sector drags October exports down

Electronics sector drags October exports down

A sharp drop in electronics exports dragged Vietnam’s overall export turnover in October down 4.1 percent over the previous month to $22.4 billion.
October 29, 2019 | 07:40 pm GMT+7
Top managers in Vietnam earn $478 a month: government report

Top managers in Vietnam earn $478 a month: government report

Top managers across sectors get an average monthly salary of VND11.1 million ($480), the highest of all labor groups, a government report said.
October 02, 2019 | 10:34 am GMT+7
Vietnam trade surplus narrows sharply in September

Vietnam trade surplus narrows sharply in September

A strong rise in imports could narrow Vietnam’s September trade surplus to $500 million from a surplus of $3.44 billion in August.
September 29, 2019 | 11:49 am GMT+7
Trade surplus skyrockets in August

Trade surplus skyrockets in August

Vietnam recorded a trade surplus of $1.7 billion in August, nearly equaling that of the first 7 months of this year.
August 30, 2019 | 12:00 pm GMT+7
GDP revised up 25.4 percent

GDP revised up 25.4 percent

Vietnam’s economy was enlarged by 25.4 percent for the 2010–17 period, after the General Statistics Office revised its GDP measurement method.​
August 29, 2019 | 04:59 pm GMT+7
Vietnam to revise GDP methodology to match international norms

Vietnam to revise GDP methodology to match international norms

Vietnam is reassessing its GDP methodology to meet international norms and better reflect its economic size and structure.
August 18, 2019 | 11:00 am GMT+7
Labor productivity lowest in domestic private sector

Labor productivity lowest in domestic private sector

The domestic private sector has the lowest productivity in Vietnam, where the public sector tops the list.
August 15, 2019 | 02:53 pm GMT+7
Saigon more expensive to live in than Hanoi, new data says

Saigon more expensive to live in than Hanoi, new data says

New data confirms Saigon and Hanoi are the two most expensive cities in Vietnam, the former dearer than the latter.
April 04, 2019 | 06:29 pm GMT+7
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