TIẾNG VIỆT 
Viet Nam starts second half with some improvements in its economic activity: ...
While the global trade tide has not staged a meaningful rebound yet, Viet Nam started the second half of this year with some stabilization in its external sector.
Economy
Government makes strong efforts to achieve growth goal
Amid difficulties hitting enterprises, new forecasts have been made for Vietnam’s economic growth this year, with the government vowing to continue seconding the business community.
Vietnam records nearly $16.24 billion of FDI in the first seven months of 2023
The attraction of FDI in Vietnam has seen signals of recovery, thanks to the increase in total registered FDI capital, after a continuous decline.
Inflation stable, State-managed prices can be adjusted
If conditions allowed, prices of several goods and services under the State management could be adjusted following the roadmap at the appropriate points of time.
- Vietnam receives over 11.2 million visitors in 11 months 1
- Exporting agricultural products "maintains the stronghold" 2
- Bitter taste of beer 3
- Vietnam a gateway for Canadian firms to enter ASEAN 4
- Vietnam's textile, garment sector targets $44 billion export turnover in 2024 5
- State budget revenue hits $63.5 billion in 11 months, completing 94.9% of whole-year plan 6
Most view
Vietnam’s 2024 economic growth projected at 5.5%: World Bank
The World Bank forecasts Vietnam’s economy to enjoy a moderate growth of 4.7% in 2023, and gradually accelerate to 5.5% in 2024 and 6.0% in 2025.
Economy’s recovery underway, but risks linger
The Vietnamese economy has embarked upon the second half of 2023, with expectations for a more positive recovery until the year’s end. However, challenges remain.
Positive economic outlook predicted for Vietnam in H2
International organisations and media have continued to make positive assessment of Vietnam’s economic recovery and outlook in the second half of 2023.
Restoring the growth momentum of Vietnam’s manufacturing sector
Manufacturing has always been a key engine of Vietnam’s economic growth, but the sector struggled in the early months of the year due to the global economic downturn and high inflation.
-
New firms up 0.2% in seven months
The number of new firms established in the January-July period was up 0.2% from the same period last year, but their total registered capital reduced by 17.1% to 834 trillion VND.
-
Viet Nam’s FDI inflows plunge 4.5% in seven months
As of July 20, Viet Nam lured US$16.24 billion in foreign direct investment (FDI), up 4.5 per cent year-on-year, according to the Foreign Investment Agency (FIA).
-
Trade surplus reaches $15.23 billion in seven months
Vietnam recorded a trade surplus of about 15.23 billion USD in the first seven months of this year, an increase of 1.34% over the same period last year.
-
Regaining growth momentum for the steel industry
Consumption of steel products did not meet expectations, many steel enterprises even suffered losses for three successive quarters, and the inventory was increasing day by day.
-
Golden time for Vietnamese apparel sector switch to green production
Although the implementation progress is still relatively slow, with the inevitable motivation to improve the industry's advantages, it is the best time for domestic enterprises to focus on accelerating transformation.
-
Vietnam lures over 16 billion USD in foreign investment in 7 months
Vietnam attracted approximately 16.24 billion USD in foreign direct investment (FDI) from the beginning of this year to July 20, up 4.5% year-on-year.
-
Viet Nam keeps advancing steadily
Viet Nam has been steadily sailing through the first two and a half years of the Party’s 13th term with a lot of efforts made and numerous important achievements recorded.
-
What opportunity for Vietnam’s export in second half of 2023?
Vietnam’s merchandise exports are still struggling but have seen positive signs in the past two months, and both exporters and state management agencies are working hard to regain growth momentum.
