Vietnam attains GDP growth of 5.6 pc in first half
 |
| illustration photo |
In the reviewed period, the country; industrial production value was VND418 trillion, a year-on-year rise of 14.3 per cent and export revenues of $42.3 billion, a year-on-year increase of 30 per cent.
High growth in six-month export revenues were seen in apparels, up 28.4 per cent; footwear, up 31 per cent; seafood, up 28 per cent; and rubber, up 17 per cent.
Goods retail and service turnover increased by 22 per cent to reach VND912 trillion .
However, the country’s imports were still expanded by 25 per cent to an estimated turnover of $49 billion in the reviewed period.
Realised foreign direct investment dropped 1.9 per cent compared to the same period last year, totalling $5.3 billion.
In addition, high inflation and interest rates have hindered production and activities of any businesses.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Vietnam’s economy on track for 6.5 per cent growth despite Typhoon Yagi, says HSBC (October 01, 2024 | 16:46)
- Vietnam urges China to expand market access for agricultural products and strengthen trade ties (October 01, 2024 | 16:42)
- IMF predicts Vietnam's economic growth to reach 6.1 per cent in 2024 (September 30, 2024 | 18:26)
- Deli Group breaks ground on $270 million factory in Hai Duong (September 30, 2024 | 18:17)
- Government considering tax on multiple properties (September 27, 2024 | 20:17)
- Accuracy more vital than ever in dawn of AI (September 26, 2024 | 20:44)
- Vietnam remains attractive destination for US businesses (September 26, 2024 | 20:23)
- New innovation centre inaugurated during HEF 2024 (September 25, 2024 | 09:00)
- China's Geely to build $168 million automobile facility with Tasco in Thai Binh (September 24, 2024 | 19:03)
- Spate of claims made in typhoon aftermath (September 19, 2024 | 17:00)
Mobile Version