1H retail sales of goods and services reach $121.7 bln

The figure representing a year-on-year increase of 8.6%. Vietnam’s total retail sales of consumer goods and services in the first half of 2024 were estimated at over VND3 quadrillion ($121.7 billion), up 8.6% compared to the same period last year, figures from the General Statistics Office of Vietnam (GSO) show. Of which, the total retail […]

Total registered capital estimated at $29.2 billion.

Total registered capital estimated at $29.2 billion. Around 15,720 new enterprises were established in June with total registered capital of VND143.01 trillion ($5.61 billion), figures from the Business Registration Management Agency at the Ministry of Planning and Investment show. The figures represent a year-on-year increase of 13.1% in number of businesses and 3.1% in registered […]

Consumer price index up by 4.08% in six months: GSO

The GSO largely attributed the growth of core inflation to rising costs of food, electricity, education, and healthcare services, which are excluded from its calculation. Việt Nam’s consumer price index (CPI) rose by 4.08 per cent in the first half compared to the same period last year, while core inflation increased by 2.75 per cent, […]

FDI attraction in six months of 2024

As of May 20, 2024, the total newly registered capital, adjusted capital and capital contributions and share purchases of foreign investors stood at over 11.07 billion USD, a year-on-year rise of 2%. Foreign investors registered nearly 9.54 billion USD in 1,538 new projects, up 46.9% in capital and 18.9% in the project number as compared […]

Vietnam cuts VAT to 8% till year end

The Government on June 30 issued a decree regulating a reduction in value-added tax (VAT) on goods and services from July 1 to December 31, in accordance with Resolution 142/2024/QH15 adopted by the National Assembly on June 29. The Government on June 30 issued a decree regulating a reduction in value-added tax (VAT) on goods […]

Vietnam grows fastest globally in number of millionaires

The number of millionaires in Vietnam virtually doubled between 2013 and 2023, the fastest rate globally, to 19,400, a new report says. The country also has 58 centi-millionaires (those with US$100 million or more in assets) and six billionaires, according to British investment migration consultancy Henley & Partners. In terms of growth rate, Vietnam was […]

Vietnam’s GDP growth reaches 6.42% in first half

Vietnam’s economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29. Of the economy’s total value added growth, the sectors of agro-forestry-fishery, […]

Giá xăng, dầu cùng giảm

Giá xăng và dầu (trừ mazut) cùng giảm từ 15h hôm nay, sau điều chỉnh của liên Bộ Công Thương – Tài chính. Giá xăng RON 95-III (loại phổ biến trên thị trường) giảm 260 đồng, xuống 23.290 đồng một lít. Còn E5 RON 92 ở mức 22.280 đồng một lít, hạ 180 đồng. Các […]

Quang Ninh attracts $1.59 bln of FDI in 1H

The province lincesing 23 new FDI projects. Northern Quang Ninh province attracted over $1.59 billion of FDI Capital in the first six months of the year, equivalent to 51.6% of the annual target, according to the provincial Statistics Office. The province licensed 23 new FDI projects with a combined registered capital of $1.358 billion. Meanwhile, […]