Hanoi (VNA) – Vietnam’s index of industrialproduction (IIP) went up 9% in the first 10 months of this year, the Ministryof Planning and Investment (MPI) reported.
MPI Minister Nguyen Chi Dung said improvements havebeen seen in production and businesses over the past time, with the IIP inOctober alone rising 6.3% year-on-year.
Trade and services, especially the domestic demand,continued their recovery trends.
In the month, the number of newly-established firmsalso increased 58.3% as compared with the same period last year.
Between January and October, the number of new firmsand those resuming their operations reached nearly 178,500, up 38.3%year-on-year and 1.3 times that of those leaving the market./.
Despite the changes in the world situation, Vietnam has made positive recovery in business and production activities, stabilised macro-economy, controlled inflation, and ensured major economic balances, according to a report by the Ministry of Planning and Investment (MPI) delivered at the Government regular meeting on September 6.
The index of industrial production (IIP) in the first eight months of 2022 surged 9.4% over the same period last year, according to the General Statistics Office (GSO).
Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam. Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.