Revenue rises remain tough despite budget surplus

Revenue rises remain tough despite budget surplus

Despite a surplus in the state budget this year so far, both revenues and expenditures are contracting in many economic sectors, with the former outnumbering the latter due to a lower-than-expected pace of developmental investment.
Export dents expected to continue in second half

Export dents expected to continue in second half

Despite an uptick in May, Vietnam’s five-month export turnover has witnessed a large annual drop, reflecting difficulties in local production and global demands
Business environment reform is the most efficient support for enterprises: GSO

Business environment reform is the most efficient support for enterprises: GSO

In the face of domestic and international economic difficulties, the most effective support for enterprises is to create an equal, open and transparent business environment, according to Do Thi Ngoc, head of the General Statistics Office (GSO)'s Department of General Statistics.
Limited inflation pressures underpin positive projections

Limited inflation pressures underpin positive projections

Vietnam has made a go of bringing inflation under control in 2022 thanks to the government’s great efforts to rein in market prices, with praise from various international organisations.
Anticipated GDP growth rate for 2022 hits 8.02 per cent

Anticipated GDP growth rate for 2022 hits 8.02 per cent

This is the highest growth rate in over a decade, indicating a robust economic rebound this year.
85 per cent of businesses expect better situation in Q3

85 per cent of businesses expect better situation in Q3

Up to 85 per cent of enterprises in the processing-manufactoring and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).
$1.9 million population data project launched

$1.9 million population data project launched

On May 5, the General Statistics Office and the United Nations Population Fund launched a project to support the production of population data in the country.
Growth advancing in right direction

Growth advancing in right direction

Despite various global uncertainties, efforts to spur business and production have helped recover the country’s economic growth, driven largely by manufacturing and processing activities.
Rising consumer demand drives up CPI in January

Rising consumer demand drives up CPI in January

The Consumer Price Index (CPI) in January posted a year-on-year rise of 1.94 percent and inched up by 0.19 percent compared to the previous month, announced the General Statistics Office (GSO)
Pandemic measures placing strain on inflation goals

Pandemic measures placing strain on inflation goals

Although Vietnam plans to keep inflation below 4 per cent in 2021, it remains a significant challenge as the government juggles the fight against the pandemic and socioeconomic development.
Inflation reined in as materials prices rise through year

Inflation reined in as materials prices rise through year

Despite a big rise in the prices of construction materials and fuel, a 5-year low in the consumer price index caused by weak demand in the first five months of 2021 is signalling a successful control of inflation.
Vietnam greets 3.7 million foreign visitors in Q1

Vietnam greets 3.7 million foreign visitors in Q1

Vietnam welcomed nearly 3.7 million international tourists in the first three months of 2020, down 18.1 percent from the same period last year, according to the General Statistics Office (GSO).
November sees record foreign arrivals

November sees record foreign arrivals

November saw a new record in foreign arrivals at 1.8 million, according to General Statistics Office (GSO).
Industrial production grows in 11 months

Industrial production grows in 11 months

In the first 11 months of the year, domestic industrial production increased by 9.3% year-on-year, reflecting quite an optimistic climb, given the global uncertainties and domestic difficulties, according to the General Statistics Office (GSO).
Total retail sales reach 85 billion USD in five months

Total retail sales reach 85 billion USD in five months

Vietnam’s total retail sales of goods and services in the first five months of 2019 increased 11.6 percent year-on-year to 19.8 quadrillion (almost 85 billion USD), according to the General Statistics Office (GSO).