Tìm kiếm: growth

In an effort to effectively prevent and control the COVID-19 pandemic and develop the economy, the Ninh Binh Provincial People's Committee on April 21 held a meeting to discuss ways to boost economic growth in the coming time.

In a bid to safely, flexibly adapt to and effectively control the COVID-19 pandemic, many local firms have implemented numerous measures to overcome difficulties, ensuring their production and business plans. Therefore, the province's industrial production was gradually resumed and saw growth in the first quarter of 2022.

When it was re-established in 1992, Ninh Binh had only 14 small industrial production businesses. After 30 years, the industrial production sector has witnessed robust performance and affirmed its essential role in the province's economy. The industrial production accounts for 31.6 percent of the provincial economic structure.

The Ministry of Planning and Investment (MPI) is coordinating with relevant ministries, sectors and localities to study and build a programme on economic recovery and development in association with improvement of the economy's internal capacity and self-reliance by 2023, with a goal to achieve an annual average GDP growth rate of 6.5-7 percent during 2021-2025.

Complicated developments of the COVID-19 pandemic has caused great impacs onproduction and business activities Ninh Binh province. However, the province's total domestic revenue in the first half of 2021 reached 7.18 trillion VND (313 million USD), equivalent to 60 percent of the estimate allocated by the provincial People's Council and representing a rise of 19 percent from same period of 2020.

The Central Institute for Economic Management (CIEM) and the Australia Supports Economic Reform in Vietnam (Aus4Reform) on July 15 announced two economic growth scenarios for Vietnam this year.

Ninh Binh's exports saw stable growth in the first four months of 2021, enabling the province to reach the target of 2.4 billion USD in export turnover set for the whole year.

Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high, data of the General Statistics Office (GSO) shows.

Continuing its growth momentum in 2020, Ninh Binh's exports saw good performance right in the first month of 2021, raking in a turnover of 243.3 million USD.

The Government has just issued Resolution 195/NQ-CP on serious, synchronous and effective implementation of key tasks and solutions for 2021, with the aim of striving to achieve economic growth of 6-6.5%.

Vietnam's exports this year could grow by 3-4 percent despite the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).

Vietnam is aiming for GDP growth of 6% in 2021 under a socio-economic plan recently adopted by the National Assembly (NA).

In the context of COVID-19 pandemic's complicated developments disrupting international trade, Vietnam's exports have still maintained positive growth.

Prime Minister Nguyen Xuan Phuc on August 2 again called for resolve to perform the dual tasks of containing COVID-19 and preventing negative economic growth, in the context of the pandemic returning in the country with complexity.

The Vietnamese economy is expected to expand by 3.8% this year in the optimistic scenario that the coronavirus outbreak does not flare up again and domestic economic activity gradually returns to normal, according to a think-tank.

Prime Minister Nguyen Xuan Phuc has asked for more measures to boost investment, exports, and consumption in order to achieve the highest growth possible in 2020 at a national teleconference between the Government and localities on July 2.

Vietnam's GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.

The Asian Development Bank (ADB) recently forecast that Vietnam's economic growth this year would be 4.1 percent, 0.7 percentage points lower than its April estimate but still the highest expected in Southeast Asia.

Ninh Binh province's export turnover reached 313 million USD in the first two months of 2020, representing a year-on-year rise of 9.3 percent and higher than the country's average growth of 1.5 percent.

The number of international tourist arrivals to Vietnam during January-February rose 4.8 percent year on year to 3.23 million, the lowest increase in the past four years, the General Statistics Office of Vietnam (GSO) said on February 29.

The province's exports continuously showed its impressive growth in both turnover and market in 2019, when it brought home 2.1 billion USD, up 35.2 percent from 2018 and surpassing the yearly target by 44.8 percent.

Vietnam's economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by nearly 8 percentage point of GDP since 2016, and a trade balance surplus for fourth year in a row, according to the World Bank (WB)'s report released on December 17.

Ninh Binh's economy grew rapidly in all sectors with GRDP achieving a growth rate of 10.02%, the highest since 2016, according to a provincial People's Committee's report presented at the 15th meeting of the 14th tenure Ninh Binh People's Council.

The industrial sector in the northern province of Ninh Binh has maintained strong performance, with the January-September period's index estimated to hit over 54 trillion VND,rising 30.4 percent year-on-year.

Prime Minster Nguyen Xuan Phuc has ordered ministries and sectors to accelerate institutional reform to promote economic growth on the basis of macro-economic stability.