Việt Nam’s third quarter GDP down 6.17 per cent: largest quarterly decline since 2000

Việt Nam witnessed a steep decline in gross domestic products (GDP) of 6.17 per cent in the third quarter of this year, the General Statistics Office said on Wednesday.

Hải Phòng Economic Zone Authority launches e-management system The Hải Phòng Economic Zone Authority (HEZA) on Tuesday launched its electronic management and operation system (e-HEZA).

Less positive business results in Q3 can cause strong division in stock market In a recent report, the Bank for Investment and Development of Vietnam Securities Company (BSC) said that the COVID-19 impacts will be shown in the third quarter business results, leading to a strong division among stock groups. 

Industrial production for August drops 4.2 per cent Index of Industrial Production for August has dropped by 4.2 per cent from July, and a 7.4 per cent decrease year-on-year. However, IIP for the year so far has increased by 5.6 per cent year-on-year. 

VN to keep CPI growth low by end of 2021

Việt Nam looks to maintain a Consumer Price Index (CPI) growth lower than 1 per cent during the last quarter of 2021 in an effort to keep inflation under the 4 per cent target for the year, heard a recent meeting between Deputy Prime Minister Lê Minh Khái and the National Pricing Management Committee in Hà Nội. 

CPI increase lowest since 2016

Consumer price index (CPI) increased by 1.64 per cent in January – July period, the lowest rate since 2016 on lower food and electricity prices thank to the Government’s effort of stabilising prices and supporting virus-hit citizens and enterprises in the pandemic, the latest updates of the General Statistics Office (GSO) showed.

Vaccines key to fast economic recovery Prof. Dr Trần Thọ Đạt, a member of the Prime Minister's Economic Council discusses Việt Nam's socio-economic performance in the first six months of 2021. 

Difficulties ahead for Việt Nam to achieve this year's economic growth: GSO head General director of the General Statistics Office (GSO) Nguyễn Thị Hương spoke to Vietnam News Agency about the difficulties ahead in the second half of this year as the country pursues its twin goals to effectively prevent and control COVID-19 and maintain socio-economic development.

Việt Nam to control CPI growth at less than 3 per cent If Việt Nam could control inflation cautiously and proactively, the CPI for the whole of 2021 would rise by below 3 per cent, said an expert in Hà Nội last week. 

Vietnamese economy expands at 5.61 per cent in H1 despite the pandemic The latest updates from the General Statistics Office (GSO) showed that the Vietnamese economy expanded at 5.64 per cent in the first half of this year, much higher than the growth rate of 1.82 per cent recorded in the same period of last year.