VietNamNet
Bridge – Vietnam achieved GDP growth
of 5.25% in the second quarter of this year, bringing the six-month rate to
5.18%, according to the General Statistics Office (GSO).
In the
national economic structure, agro-forestry and fisheries rose 2.96%,
construction and industry 5.33% and services 6.01%.
The
consumer price index (CPI) edged up 0.3% in June over May, 1.38% compared to
December 2013, and 4.98% from a year ago.
As many
as 37,315 businesses registered for operation with a combined capitalisation of
VND230.9 billion in the reviewed period, falling 4.1% in the number but
expanding 19.3% in the registered value.
Vietnam
earned US$70.9 billion from exports in the six-month period, representing a
year-on-year increase of 14.9%.
The
foreign direct investment (FDI) business sector took the lead, fetching US$47.8
billion or 67.5% of the country’s total export earnings.
Major
export items were mobile handsets and components, garments, footwear, machinery
and equipment, means of transport and spare parts, and computers and
appliances.
The EU
topped the list of consumers, purchasing US$13.1 billion worth of Vietnamese
commodities, up 12.8% from a year ago.
It was
followed by the US (US$13 billion, up 19.5%), ASEAN (US$9.6 billion, up 4.8%),
China (US$7.4 billion, up 20.8%), and the Republic of Korea (US$2.9 billion,
down 3.5%).
Vietnam
welcomed nearly 4.3 million foreign arrivals in the first six months, a
year-on-year increase of 21%. The number of Chinese visitors to Vietnam
nosedived 21.2% in June compared to May due to the standoff in the East Sea.
GSO
general director Nguyen Bich Lam forecast that GDP for the second half would
hover around 5.5-5.6%.
VOV/VNN
Business & Investment Opportunities
Saigon Business Corporation Pte Ltd (SBC) is incorporated
in Singapore since 1994.
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