The agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74%, 7.42% and 7.7%, contributing 6.09%, 40.17%, and 53.74% to the total GDP expansion during January–March, respectively.
The Vietnamese economy demonstrated remarkable resilience in 2024 and was estimated to achieve a growth rate of 7.09% despite global uncertainties, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on January 6.
Thanks to its distinctive business advantages, especially in boosting the growth of the service sector, Ho Chi Minh City has the potential to become a major service hub of the region, experts said at a conference in the city on December 17.
Vietnam's gross domestic product (GDP) expanded by about 7.4% in the third quarter and 6.82% during the first nine months of 2024 compared to the respective periods of last year, the General Statistics Office (GSO) reported on October 6.
Hanoi’s gross regional domestic product (GRDP) in the first nine months of 2024 increased 6.12% compared to the same period last year, the Hanoi Statistic Office announced on October 3.
So far this year, the service sector in the northern province of Hung Yen has been recovering strongly as total retail sales of goods and services topped 52 trillion VND (USD 2.2 billion), increasing by over 163% over the same period last year.
The gross regional domestic product (GRDP) of Da Nang city in the first half of 2023 was estimated to increase by 3.74% year on year, according to the municipal Statistics Office.
Vietnam’s gross domestic product (GDP) has grown about 3.32% year on year in the first quarter of 2023, according to the General Statistics Office (GSO).
Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's report released on March 13.
Malaysia approved a total investment of about 265 billion ringgit (58.53 billion USD) last year, the second largest of its kind after 2021 and estimated to create over 140,000 new jobs, according to International Trade and Industry Minister Zafrul Tengku Abdul Aziz.
The Malaysian Investment Development Authority (Mida) has identified the 23 potential high-profile projects in the manufacturing and service sectors which have an investment value of 75.4 billion ringgit (about 18.5 billion USD), the Star reported.
Laos’ economic growth is projected to decline in 2020 due to the impact of the COVID-19 pandemic and measures to contain its spread, unveiled a World Bank report on the country’s growth and debt in the year.
Vietnam’s economic growth is forecast to shrink to 3.3 percent this year due to the impact of a raft of external challenges, according to the latest economic outlook released by Standard Chartered Bank on April 23.
Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
Around 75,000 workers are needed in Ho Chi Minh City for the last three months of 2019, up over 7 percent compared to the same period last year, according to the HCM City Human Resources Forecast and Labour Market Information (Falmi) Centre.
New foreign direct investment (FDI) pledged to the Republic of Korea (RoK) in the first three quarters of this year declined, Yonhap news agency reported, citing RoK Government’s announcement on October 12.
The Ministry of Planning and Investment is drawing up a plan for restructuring the service sector from 2016-2020, making it compatible with the economic restructuring plan for the same period.
Japanese investors have shifted their focus from manufacturing industry to service as the growing domestic market in Vietnam offers a very promising prospect for the sector.