Chủ đề: growth

FMCG manufacturers showing positive signs of future growth.

Science and technology application and innovation are considered key factors and new growth drivers for Vietnam.

In a recent report, the World Bank (WB) pointed out that many of Vietnam’s socio-economic indicators are showing signs of a positive recovery. It believes the country’s economy has improved and will continue to grow.

Positive pandemic control will go a long way towards enabling industrial production to grow.

MARD talk show hears of what the future may hold for the agriculture sector.

Negative GDP growth in the third quarter has resulted in revised forecasts for growth in the year as a whole.

Hai Phong’s gross regional domestic product (GRDP) grew 12.28 per cent in the first nine months of 2021, while FDI attraction increased three-fold year-on-year to $2.8 billion and export turnover stood at nearly $19 billion, up 25.52 per cent compared to the same period last year.

The industry sector increased 4.45 per cent year-on-year in value in the first nine months of 2021, with processing and manufacturing rising 6.05 per cent. Other segments, however, declined in the period.

Many smartphone manufacturers and retailers have faced difficulties from social distancing and quarantining, and have sharply reduced prices to stimulate demand. Four of the top five brands imported into Vietnam saw falling growth during the second quarter of this year compared to previously.

Experts said that Vietnam can achieve the GDP growth of 6.1 to 6.3 per cent in the 2nd half of 2021, however, 6.5 per cent is a hard target

In order to reach the annual GDP growth rate of 6 per cent, Vietnam has to keep its GDP growth rate in the last 6 months of 2021 over 7 per cent. Specialists say that the goal is achievable, however, there will be challenges along the way.