Ministry outlines two economic growth scenarios for 2025
The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.
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The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.
About 14.15 billion USD worth of foreign direct investment (FDI) was disbursed in the first eight months of this year, up 8% year-on-year, marking the highest for an eight-month period over the past five years, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam had attracted more than 2.36 billion USD in foreign direct investment (FDI) as of January 20, an increase of 40.2% over the same period in 2023, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024, with the highest GDP growth rate forecast at 6.5%.
A record number of 103,658 new firms were established in the first eight months of this year, a rise of 2.3% year on year and 1.2 times higher than the average number for the same period during 2018-2022, reported the Ministry of Planning and Investment (MPI).
A delegation of the Ministry of Planning and Investment led by its Minister Nguyen Chi Dung on March 30 inspected preparation for Ninh Binh - Hai Phong expressway project and progress of medium-term public investment projects in the period of 2021-2025 in Ninh Binh province.
Vietnam attracted more than 18.7 billion USD in foreign direct investment (FDI) in the first nine months of 2022, according to the Ministry of Planning and Investment.
The past eight months of the year saw the nation attract investment from 94 countries and territories worldwide, with a total registered capital of US$16.8 billion, equaling 87.7% over the same period from 2021, according to statistics compiled by the Ministry of Planning and Investment.
The initial six months of the year saw public investment disbursement only met 27.86% of the annual plan, a figure even lower than the 29.02% recorded in the same period last year, according to the Ministry of Planning and Investment (MPI).
Foreign investors have poured nearly 5 billion USD in Vietnam so far this year, equivalent to 91.5 percent of that in the same time last year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
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.
Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4% year on year to US$22.15 billion, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021's plan.
The Ministry of Planning and Investment (MPI) has consulted community businesses to develop the Government's resolution on supporting businesses during the COVID-19 pandemic.
Vietnam attracted 16.7 billion USD in foreign direct investment (FDI) in the first seven months of this year, down 11.1 percent from the same period last year, data from the Ministry of Planning and Investment shows.
The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
Vietnam attracted about 5.46 billion USD worth of foreign direct investment (FDI) as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, the Vietnam News Agency quoted the information of the Ministry of Planning and Investment.
Vietnam attracted more than US$2billion in FDI in January, 37.8 percent higher than in the same period in 2020, as announced by the Ministry of Planning and Investment, on January 28.
The index of industrial production (IIP) in November rose 0.5% against the previous month and 9.2% compared with the same month in 2019, according to the Ministry of Planning and Investment.
Vietnam attracted foreign direct investment (FDI) of US$19.54 billion in the first eight months of 2020, down 13.7% from the same period of 2019, according to the Ministry of Planning and Investment (MPI).
Vietnam attracted 19.54 billion USD worth of FDI as of August 20, down 13.7 percent year-on-year, according to the Ministry of Planning and Investment.
Vietnam's public investment disbursement in the first half of 2020 was estimated at VND156 trillion (US$6.7 billion), according to the Ministry of Planning and Investment (MPI).
Total foreign investment inflows recorded a year-on-year decrease of 14.5% to US$12.33 billion as of April 20, according to the Ministry of Planning and Investment.
Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first eleven months of 2019, up 3.1% over the same period last year, according to the Ministry of Planning and Investment.
Viet Nam is home to 326 industrial parks, covering the area of 95,500 ha, according to the report of the economic zone management department, under the Ministry of Planning and Investment.