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Foreign investors registered to put in more than 18 billion USD in Vietnam as of July 20, a rise of 10.9% over the same period last year, according to the latest updates of the Foreign Investment Agency.
Ninh Binh province's industrial production continued to maintain its growth, with the index of industrial production (IPP) rising by 5.8% in the first six months of 2023.
Amid difficulties faced by enterprises, Ninh Binh's authorities have actively held dialogues with local firms to remove difficulties and spur production and business in industrial zones and clusters, thereby creating momentum for the province's socio-economic development and fulfilling goals set for the year.
After five years of implementing Resolution No. 07-NQ/BCSD dated February 13, 2017 of the Party Civil Affairs Board of the provincial People's Committee on developing the automotive assembly and manufacturing, and electronics industries into key economic sectors, thereby increasing revenues for the provincial budget, many potential enterprises have invested in Ninh Binh. This is clear evidence of the right policy and orientations, thus turning Ninh Binh into a self-budget-balancing province.
The consumer price index (CPI) posted year-on-year growth of 2.89% in the first 10 months of 2022 while core inflation rose 2.14%, the General Statistics Office (GSO) revealed on October 29.
Mobilising resources from local people and the business community is seen as an important way to realize Ninh Binh's efforts to turn itself into a developed province in the Red River Delta.
The northern province of Ninh Binh's export turnover during the first five months of this year topped 1,44 million billion USD, a year-on-year increase of 34.6 percent, according to a report released on May 29 by the provincial Statistics Office.
Vietnam's industrial production recorded an increase of 4.82 percent in added value compared to 2020, according to figures from the General Statistics Office (GSO).
Ninh Binh's index of industrial production in the first month of 2021 surged 21.8 percent on-year, according to the province's Department Statistics Office.
Retail and service revenue amounted to some 2.38 quadrillion VND (103 billion USD) in June, up 6.2 percent on month and 5.3 percent on year.
The July consumer price index (CPI) CPI rose 0.13 percent against June, 2.39 percent year on year and 2.48 percent compared to December 2015, the General Statistics Office (GSO) reported on July 24.
The gross domestic product of Vietnam in 2015 was estimated to have risen by 6.68% over last year, the highest growth in the 2011-2015 period, surpassing the set target of 6.2% and showing the economy's recovery.
Vietnam expects to have welcomed more than 3.7 million international visitors in the first five months of 2014, an increase of 26.7% over the same period last year, according to the Vietnam National Administration of Tourism (VNAT).
Over VND129 trillion (roughly US$6.06 billion) was collected for the State budget in the first two months of 2014, a 12.9% year-on-year increase and equivalent to 26.6% of the year's estimate, according to the Ministry of Finance.
Vietnam created a breakthrough in attracting foreign direct investment (FDI) in the first 11 months of 2013, contributing to affirming attractiveness of the country's investment environment and efforts in the improving its environment.
The price of Vietnam 's 5 percent broken rice saw an increase of 25 USD per tonne in November to fluctuate between 390 and 415 U SD, according to the Vietnam Food Association (VFA).
