TIẾNG VIỆT 
Vietnam’s 2020 budget deficit seen at 5.59% of GDP, exceeding target
The country’s State budget deficit could increase to to 5.59 percent of the GDP this year, beating the 3.44 percent target since revenues fall over Covid-19 impacts.
Economy
Industrial production expands 2.7 pct. in Jan-Oct period amid virus fears
Industrial production posted a year-on-year expansion of 2.7 percent in the first ten months this year despite the impacts of Covid-19 pandemic, the General Statistics Office reported Thursday.
Vietnam’s trade surplus widens to $18.72bln in ten months
Trade surplus in the first ten months of the year has widened to $18.72 billion, with October surplus estimated at $2.2 billion, according to latest data from the General Statistics Office.
Vietnam says Oct. CPI up 2.47 pct on year
Vietnam estimated its consumer price index for October jumped 2.47 percent from a year earlier.
- Industrial production expands 2.7 pct. in Jan-Oct period amid virus fears 1
- Vietnam’s trade surplus widens to $18.72bln in ten months 2
- Vietnam’s 10-month foreign investment drops nearly 20% to $23.4bln 3
- Vietnam does not manipulate currency for stronger trade competitiveness, PM says 4
- Apple’s shifting supply chain creates boomtowns in rural Vietnam: Bloomberg 5
- Vietnam’s 2020 budget deficit seen at 5.59% of GDP, exceeding target 6
Most view
Vietnam’s 10-month foreign investment drops nearly 20% to $23.4bln
Vietnam attracted $23.4 billion FDI during the first ten months of the year, down 19.4 percent from a year ago on pandemic, according to data from Ministry of Planning and Investment.
Vietnam does not manipulate currency for stronger trade competitiveness, PM says
Vietnam does not aim using exchange rates and monetary policy to facilitate export, Prime Minister Nguyen Xuan Phuc told US high-ranking officials during Monday meeting in Hanoi.
Apple’s shifting supply chain creates boomtowns in rural Vietnam: Bloomberg
The boom in Bac Giang highlights how the shift in the world’s supply chains is touching regions previously left behind.
Vietnam economy size increases by 1.4 times from 2015
The size of the Vietnamese economy increased by 1.4 times from that in 2015, Prime Minister Nguyen Xuan Phuc told legislators on Tuesday.
-
Vietnam targets 2021 economic growth at 6 percent
The Government expects 2021 GDP growth at 6 percent, according to the Socio-Economic Development Plan sent to the National Assembly.
-
Vietnam’s 2021 economy expected to grow 5-7.5%: central bank
Vietnam’s economic growth in 2021 is scheduled to grow between 5 and 7.5 percent depend on the global pandemic situation, said the State Bank of Vietnam.
-
Vietnam expected to become 4th largest economy in Southeast Asia this year: ...
Vietnam is expected to surpass Singapore and Malaysia to become the fourth biggest economy in Southeast Asia in 2020, the International Monetary Fund said in its October report.
-
Is Vietnam the Next ‘Asian Miracle’?
The country is making autocratic capitalism work unusually well.
-
12 ailing state-managed projects mired in $2.7 bln debt
Several state-owned companies have lost money and piled up over VND63.3 trillion ($2.73 billion) worth of debts as a result of poor execution of 12 factory construction and expansion works.
-
Vietnam strives to earn $40 billion in agricultural exports
Vietnam’s agricultural exports grew 1.6% to $30.05 billion in the first nine months of 2020, bringing the full-year target of $40 billion within sight, said the Ministry of Agriculture and Rural Development.
-
Vietnam sees 2020 export revenue to reach $300 billion
Despite the Covid-19 pandemic, Vietnam expects $300 billion in export turnover this year, according to the Ministry of Industry and Trade.
-
Vietnam economy rebounds, passing the bottom of the V shape
The economy has surpassed the lowest point of the V shape and been in recovery track, Minister and Chairman of the Government Office Mai Tien Dung told the press on Friday.
