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Vietnam has attracted more than 4.29 billion USD in foreign direct investment (FDI) in the first two months of 2024, a year-on-year increase of 38.6%, according to the Ministry of Industry and Trade (MoIT)'s Foreign Trade Agency.
Only nine out of 46 export items yielded positive growth during the first two months of the year, according to the General Department of Vietnam Customs.
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.
Increases in petrol prices, and those of food, food stuff, restaurant food and public transport services during the Lunar New Year led to a rise of 1 percent in the consumer price index (CPI) in February compared to that of the previous month, the General Statistics Office (GSO) announced on February 28.
Almost VND40.9 trillion (US$1.77 billion) of public investment was disbursed in the first two months of 2021, equivalent to 9% of the year's plan - the highest level compared to the same period of the last five years.
Vietnam's trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28.
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.
Almost 34.75 trillion VND (1.49 billion USD) of public investment capital was disbursed in the first two months of 2020, equivalent to 7.38 percent of the year's plan and nearly doubling the value and progress in the same period last year.
Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.
The inflow of foreign investment into Vietnam experienced a year-on-year drop of 23.6 percent in the first two months of the year to 6.47 billion USD, according to a report from the Ministry of Industry and Trade's Foreign Trade Agency.
According to the provincial statistic office, in the first two months of this year, Ninh Binh province welcomed 1.9 million visitors, up nearly 3 percent compared to the same period last year.
As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
More than 2.86 million foreigners were estimated to visit Vietnam in January and February, up 29.7% from the same period in 2017.
The industrial production index went up 15.2% in the first two months of 2018, much higher than the 2.4% level of the same period last year.
The total value of retail sales for goods and services in February was estimated at over VND276 trillion (US$12.97 billion), up 3.7% over the previous month.
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.
An increasing number of foreign tourists found their way to Vietnam in the first two months of the year, offering a boost to the economy.
Trade surplus in the first two months of 2014 was estimated at US$244 million, equivalent to 1.2% of total export revenue, according to the General Statistics Office (GSO).
