Vietnam's agriculture, manufacturing help drive Q1 GDP growth
Friday, March 30,2018AsemconnectVietnam - Vietnam's economy posted its strongest first-quarter growth in 10 years, expanding 7.38 percent annually in January-March and backed by strong growth in manufacturing and agriculture, the country's statistics office said.
The Southeast Asian nation in 2017 recorded its quickest expansion since 2010, growing 6.81 percent thanks to record exports earnings and the government's economic reforms.
The country exported an estimated $12.3 billion worth of phones and spare parts in the first quarter, jumping 58.8 percent from last year. Trade surplus in January-March reached $1.3 billion.
Vietnam is the world's third largest exporter of rice and the second top producer of coffee. Rice exports in the first quarter of 2018 from Vietnam were forecast to rise 9.1 percent from a year ago to 1.35 million tonnes, brining in $668 million of revenue, a 23.8 percent annual increase.
Vietnam targets 2018 annual growth at 6.7 percent, which Lam said is still a challenge despite strong growth in the first quarter as the exports-driven Vietnamese economy becomes increasingly exposed to international market conditions.
Exports of cement and clinker fall
Reference exchange rate up 3 on July 21
DAILY: Vietnamese coffee prices decreased by 1200 VND on July 21
Tuna exports fell deeply
Coffee exports to Indonesia and Algeria grew by 3 digits
ADB lowers growth forecast for Vietnam’s to 5.8% this year
Vietnamese goods to better penetrate UK market
DAILY: Vietnamese pepper prices remained unchanged on July 20
DAILY: Vietnamese coffee prices increased by 1300 VND on July 20
Reference exchange rate up 27 on July 20
Corn import markets in first 6 months of 2023
Fertilizer imports decreased by 30.4% in 6 months of 2023
Demand recovery expected to drive GDP growth: Experts
Aquatic product exports expected to recover from late Q3
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...