The nation's industrial production value this month is estimated to grow by 16.1 percent to 73.7 trillion VND (3.5 billion USD) against the same period last year, according to the General Statistics Office.
The nation's industrial production valuethis month is estimated to grow by 16.1 percent to 73.7 trillion VND(3.5 billion USD) against the same period last year, according to theGeneral Statistics Office.
The growth rate was bettercompared with last January but the value declined by 2.5 percentcompared with December, said Statistics Office economist Nguyen QuangHa. The industrial value early last year was low due to the economicdownturn but got better in the latter part of the year thanks toeconomic recovery.
The increase in production value in thefirst month of this year was a sign of possible high-speed growth inthe industrial sector this year, he said.
Many keyindustrial sectors had strong growth in production during Januaryagainst the same period last year, including liquefied petroleum gas(36.2 percent), sport shoes (35.1 percent), ceramic tiles (32.5percent), auto and tractor tires (26.8 percent), glass (20.7 percent),cement (18.9 percent, clothes (17.2 percent), steel (15.9 percent) andelectricity (14.3 percent).
However, some consumer goodshad a reduction in output for the first month. The output fell by 78.2percent for air conditioning, 41.6 percent for trucks, 15.3 percent fortelevisions and 13.6 percent for assembled autos.
Duringthe first month of this year, the foreign-invested sector showed thelargest industrial production value at 31.7 trillion VND (1.5 billionUSD), 18.5 percent higher than the same period last year.
♎ Meanwhile, the private sector saw a 18.9-percent year-on-year rise inproduction value to 27.2 trillion VND (1.3 billion USD) and the valuemade by the State-owned industrial sector had a slight increase of 6.7percent to 14.8 trillion VND (704.7 million USD)./.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
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Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
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PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
