industrial production

Update news industrial production

The Vietnam Manufacturing Purchasing Managers' Index (PMI) remained at 40.2 in September.

Industrial production for August drops 4.2 per cent

The Index of Industrial Production for August has dropped by 4.2 per cent from July, and a 7.4 per cent decrease year-on-year. However, IIP for the year so far has increased by 5.6 per cent year-on-year. 

2021 economic outlook remains positive despite COVID-19 resurgence

Data shows that industrial production index in the first five months of the year advanced 9.9 percent year-on-year, with manufacturing and processing up 12.6 percent.

Multinational groups to relocate production to Vietnam

The Ministry of Industry and Trade’s (MOIT) report on industrial production and trade activities in H1 showed that Vietnam’s great achievements in containing the epidemic were highly appreciated by the international community.

NA report looks at COVID-19’s social impacts

Multiple enterprises have closed down or reduced production scale due to the complicated developments of the COVID-19 pandemic, according to a report from the National Assembly’s Committee for Social Affairs.

HCM City to foster ICT development

Ho Chi Minh City will continue to promote the development of information and communications technology (ICT) to develop into an innovative smart city and improve living conditions, authorities have said.

Vietnam's industrial production unexpectedly slips

The industrial production index went down in November with the decline of both mining and manufacturing industries. This is a big surprise in the context of stable global and domestic demand.

Vietnam’s economy stays positive amid global growth slowdown: PM

Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc said while chairing the Government’s regular meeting for November on December 2.

Hanoi targets no use of nylon bags by 2020

The capital city of Hanoi wants to be rid of all plastic and nylon bags in traditional markets by next year.

Vietnam tries to achieve economic growth target for 2016

 VietNamNet Bridge – In the first half of this year, Vietnam’s economy showed signs of rallying. The macro economy stabilized and GDP increased 5.52%.

BUSINESS IN BRIEF 5/2

 Opportunities await local firms to boost exports stateside; Fuel price stabilization fund hits record high; CBU imports from China triple last year; Industrial production up 10 per cent; Minister seeks to calm producers as Vietnam opens markets

BUSINESS IN BRIEF 29/11

Investors face bumpy ride but remain bullish on Vietnam; Over 700 businesses register to join online shopping day; Pirated sheets hurt VN steel firms; Industrial production surges 7.5%; Property prices stable but buyers struggle

BUSINESS IN BRIEF 6/11

 Japanese firm buys $9 million stake in Vinatex; Top 50 business leaders honoured; Vietnamese exporters expand US market share; Industrial production goes up in 10 months; Business climate for Vietnam’s manufacturing sector improved: HSBC

BUSINESS IN BRIEF 30/8

 Vinpearl doles out 4 million USD for Nha Trang Port stake; Experts forecast M&A surge in property sector; FDI disbursements surge 45% in eight months; More industrial parks licensed in HCM City; Gov’t introduces tax relaxation measures

BUSINESS IN BRIEF 29/8

 PM calls for greater efforts to keep 5.8% economic growth; Vietnam simplifies corporate tax payment procedures; Indonesian firms explore M&As; Bank employees still living large despite doldrums

Business outlook optimistic

 VietNamNet Bridge – Most enterprises operating in Viet Nam were optimistic about the economic recovery, saying business was bouncing back this year, according to the General Statistics Office (GSO).

BUSINESS IN BRIEF 17/6

 Binh Duong: All affected businesses re-operate; Coca-Cola bubbles with joy over first profits; HCM City to establish special economic zone; EPZs pledge to help foreign firms

FDI shifting trend beneficial to Vietnam

VietNamNet Bridge – Though foreign direct investment (FDI) capital declined in the first quarter of the year, economists say Vietnam is benefitting from the shifting of FDI trends, especially from multinational corporations (MNCs). 

BUSINESS IN BRIEF 2/4

New PPP law improves quality of public service; HCM City announces GDP growth target of 10%; Soursop farming sweetens lives; Mass clam deaths leave farmers in debt; Power sector needs recharge

BUSINESS IN BRIEF 28/2

 Industrial production on recovery path; FDI drops sharply in two months; Rubber industry invests heavily in Cambodia; Japan invests US$3.1 billion in Dong Nai; 3.72 trillion VND of Government bonds mobilised