General Statistics Office

Various recommendations have been put forward at the Vietnam Business Forum (VBF) 2022 to revive and sustainably develop the economy in the face of adverse impacts from the COVID-19.

Vietnam’s trade turnover in the first nine months of this year reached 483.17 billion USD, a year-on-year increase of 24.4 percent, according to the General Statistics Office.

Vietnam’s export turnover in the first eight months of 2021 rose by 21.5 percent year on year to 212.5 billion USD , despite a decline of 5.4 percent in August, the General Statistics Office (GSO) reported on August 29.

Vietnam made outstanding achievements in gender equality in ethnic minority and mountainous areas in the period of 2015 to 2019, including a drop of 4.7 percent in the rate of child marriage in ethnic minority groups, according to a report released on August 4.

Vietnam’s export earning hit 27 billion USD in July, down 0.8 percent month-on-month and up 8.4 percent year-on-year, reported the General Statistics Office (GSO) on July 29.

The multidimensional poverty rate in Vietnam reduced from 9.9 percent in 2016 to 4.5 percent in last year, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.

Vietnam’s southeastern region leads the way in average monthly expenditure per capita, with residents spending about 3.9 million VND (nearly 168.9 USD) each month on average, according to the preliminary findings from a newly-released survey by the General Statistics Office (GSO).

The disbursement of public investment sourced from the State budget in April was estimated at 30.4 trillion VND (1.32 billion USD), a year-on-year surge of 23.9 percent, and reaching the highest monthly level since 2017, according to the General Statistics Office.

The number of new enterprises established in the first four months of 2021 rose 17.5 percent from a year earlier, the fastest growth since 2017, and it increased in all economic sectors, according to the General Statistics Office (GSO).

Vietnam’s index of industrial production (IIP) in April is estimated to rise by 24.1 percent year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office.

Vietnam’s consumer price index (CPI) in April was down 0.04 percent against the previous month while up 2.7 percent year on year, according to the General Statistics Office (GSO).

The average height of Vietnamese youths has shown remarkable improvements, reaching 168.1cm for 18-year-old males in 2020, up 3.7 cm from 2020, and 156.2cm for 18-year-old females, up from 154.8cm, according to the National General Nutrition Survey for 2019-2020, which was released by the Health Ministry’s National Institute of Nutrition (NIN) on April 15.

Deep-sea port SP-SSA International Terminal (SSIT) in the Cai Mep-Thi Vai port cluster in the southern province of Ba Ria-Vung Tau berthed MP The Belichick - a container vessel operated by Swiss logistics firm Mediterranean Shipping Company (MSC) on April 13.

The Central Institute for Economic Management (CIEM) introduced two scenarios for Vietnam’s economic growth this year during a seminar on January 15, with the economy forecast to expand 5.98 percent in H1 and 6.46 percent in H2.

Prime Minister Nguyen Xuan Phuc has requested ensuring democracy, fairness, safety and thrift in the elections of deputies to the 15th National Assembly and the People’s Councils at all levels in the 2021-2026 tenure.

Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.

Vietnam’s economy is expected to move to the 19th position in the rankings of the World Economic League Table in 2035, according to the Centre for Economics and Business Research (CEBR).