Industrial production posts double-digit growth in 7 months
Wednesday, August 1,2018AsemconnectVietnam - Viet Nam’s industrial production rose 10.9% in the first seven months compared to 7.1% of the same period last year, according to the General Statistics Office (GSO).
Of the first-seven-month figure, manufacturing and processing sector grew by 13.1%, contributing 9.9 percentage points to the general growth, followed by power generation and distribution with an increase of 10.7%, or one percentage point.
All 63 provinces and cities witnessed industrial growth in the reviewed period, reported the GSO.
Foreign investment inflows decreased by 3.5% to about US$18 billion while disbursed volume climbed 8.8% to US$ 9.85 billion.
Manufacturing and processing sector still remains the magnet for foreign investment as the registered capital reached some US$8,4 billion, accounting for 46.4%.
The GSO said export turnover was estimated at US$133.69 billion, up 15.3% against the same period last year while import value increased by 10.2% to US$130.63 billion.
Also in the first seven months, the number of foreign arrivals was estimated at more than 9 million, up 25.4%.
Asia was still the key source market with 6,988.6 thousand arrivals, followed by Europe with 1,230.1 thousand arrivals and America with 570.8 thousand arrivals.
Source: Reuters.com
DAILY: Vietnamese coffee prices increased by 2000 VND on April 25, 2024
In first 3 months of this year, Italy was Vietnam's largest iron and steel import market
Measures to continue to be "bright spot" in attracting FDI
Vietnam seeks to remove obstacles in upgrade of securities market
SBV takes more actions to stabilise foreign exchange rates
Chili export to Chinese market increased by 72.3%
Brazil is a market supplying the most corn to Vietnam
Exports are favorable, dragon fruit prices soar
Fertilizer exports and imports in first quarter of 2024
Vietnam - an enticing destination for foreign investors: IMF expert
Banks propose raising small loan cap to 400 million VND
In the first quarter of 2024, pangasius export to UAE market increased by 67%
Pepper export to the Korean market increased nearly 180%
New growth drivers needed for businesses
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...