General Statistics Office

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Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.

Mid-term rural, agricultural survey to begin on July 1

A mid-term survey on rural areas and agriculture will be carried out in Vietnam’s 63 cities and provinces from July 1, the General Statistics Office (GSO) has announced.

Vietnam records lowest GDP growth rate in 30 years

Vietnam’s gross domestic product (GDP) increased 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office (GSO).

Vietnamese businesses strive to reduce inventory after COVID-19

Inventory has become a common concern of domestic enterprises due to the impact of the COVID-19 pandemic.

 

Number of newly-established firms in Vietnam down 13.2 pct in Jan-Apr

Nearly 37,600 new firms were formed in Vietnam with a total registered capital of $19.1 billion in the first four months of this year, down 13.2 percent in number and 18 percent in capital year-on-year due to the COVID-19 pandemic.

Vietnam’s exports surge 4.7 percent in four months

Vietnam's export value saw a year-on-year increase of 4.7 percent to an estimated $82.9 billion in the first four months of this year, according to the General Statistics Office (GSO).

Plummeting stock prices raise fears of businesses being acquired

As many stocks have plunged below their real value, foreign funds are combing Vietnamese shares, raising fears that Vietnamese companies will be acquired by 'shark' investors.

Many firms optimistic about business in Q2

Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).

GDP growth of 3.82 percent in Q1 is a miracle: official

Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said.

Business survey to begin on April 1

The General Statistics Office (GSO) is scheduled to begin a survey of businesses on April 1 with a view to collecting basic information to serve management and policy making, Deputy General Director of the office Nguyen Trung Tien said.

Up to 18,600 firms suspend operations in Q1 due to COVID-19

Up to 18,600 businesses were forced to suspend operations in the first quarter of 2020 due to the COVID-19 pandemic, up 26 percent year on year, reported the General Statistics Office (GSO).

Disbursement of public investment would help lift Vietnam's GDP by 0.42 percentage points

Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office (GSO).

 

Vietnam enjoys trade surplus of $2.8 billion in first quarter

Vietnam ran a trade surplus of $2.8 billion in the first quarter of this year, higher than 1.5 billion USD recorded in the same period last year, despite the growing COVID-19 pandemic in the country’s major export markets.

Vietnam braces for economic effects of COVID-19

Vietnam will optimise external resources to spur national economy as the impact of the outbreak of coronavirus on foreign investment flows into the country is visible, according to the Ministry of Planning and Investment (MPI).

VN industrial sector’s growth likely to slow down due to COVID-19

Growth of Vietnam’s industrial sector is likely to slow down in the first quarter of 2020 due to negative impacts from the acute respiratory disease caused by a novel coronavirus (COVID-19), according to the General Statistics Office (GSO).

CPI in January hits record high in recent 7 years

Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO).

Vietnam manufacturing, processing industry drives economic growth

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 per cent over the previous year.

Vietnam sees positive labour growth in 2019

The Vietnamese workforce reached 55.8 million last year, and increase of 417,100 compared to 2018, reported the General Statistics Office.

VN retail sales hit four-year high

Retail sales of goods and services reached VND4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 per cent over the previous year, according to the General Statistics Office (GSO).

Retail sales in Vietnam hit four-year high

Retail sales of goods and services in Vietnam reached VND4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).