Foreign-invested enterprises (FDI) are the most optimistic, with 87% forecasting either improvements or stability in production and operations. State-owned enterprises follow with 84.7%, and non-state firms at 84.1%.
The main drivers behind the CPI increase were pork price surges caused by supply shortages, along with higher costs for dining out, rents, and transport services due to growing consumer demand.
Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.
Vietnam's industrial sector marked a remarkable growth in 2024 with the industrial production index (IIP) surging by 8.4% year-on-year, a record high over the past four years, the General Statistics Office (GSO) has said.
Foreign direct investment in the real estate sector for 2024 reached 3.72 billion USD, making up 18.8% of the total FDI that Vietnam attracted in the year, second only to the manufacturing sector, reported the General Statistics Office.
Vietnam's total trade revenue reached 786.29 billion USD in 2024, up 15.4% year-on-year, with a trade surplus of 24.77 billion USD, the General Statistics Office said at a press conference in Hanoi on January 6.
Industrial production recorded a growth rate of 8.4% in 2024 and this success promises to open up new opportunities for the Vietnam’s industrial sector in 2025.
More than 218,500 enterprises were established and resumed operations in Vietnam in the past 11 months of 2024, a year-on-year increase of 7.4%, according to the General Statistics Office (GSO).
As many as 202,300 enterprises were established and resumed operations in Vietnam in the first 10 months of 2024, a year-on-year increase of 9.1%, according to the General Statistics Office (GSO).
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.5% to over 5,246 trillion VND (207.5 billion USD) during January – October, the General Statistics Office (GSO) reported.
Over 42% of surveyed enterprises in the processing-manufacturing sector expect that, their business performance in the fourth quarter of this year will be better than the third quarter.
Over 42% of 30,587 enterprises in the processing-manufacturing sector that joined a recent quarterly survey by the General Statistics Office (GSO) expect their business performance in the fourth quarter of 2024 to be better than Q3.
Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital, according to the General Statistics Office (GSO).
The total retail sales of goods and services increased by 8.5% to nearly 4.15 quadrillion VND (169.7 billion USD) in the January – August period thanks to improving consumption, production and tourism, according to the latest updates of the General Statistics Office (GSO).
Vietnam recorded a trade surplus of 19.07 billion USD in the first eight months of this year, the General Statistics Office (GSO) announced on September 6.
In the first half of this year, Vietnam saw 7 export items posting a turnover of more than 7 billion USD, accounting for 65.6% of the country’s total export value.
Vietnamese manufacturing business sentiment is set to rise in the third quarter on the back of the country’s unexpectedly higher economic growth in the second quarter and an optimistic outlook for the year.
