PM says economy performs positively in first five months
Sunday, June 10,2018
AsemconnectVietnam - PM Nguyen Xuan Phuc said the economy performed positively in the first five months this year but the Government's goal to cut administrative procedures and business conditions by half has not been fully implemented.
International organizations highly valued Viet Nam’s economic outlook, including improved ratings of Vietnamese commercial banks, he said.
Especially, Viet Nam’s purchasing managers’ index rose to a record high of 53.9 in May from from 52.7 in the previous month, the highest in ASEAN meanwhile industrial production index increased by 9.7% from the same period last year.
The total retail sales of goods and services climbed by 10.1% in the first months and foreign arrivals reached over 6.71 millions, up 27.6%, according to PM Phuc.
Other positive signals included export revenues of more than US$93 billion and disbursed volume of FDI of US$6.75 billion.
Source: Reuters.com
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