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CABINET REVIEWS SOCIO-ECONOMIC PERFORMANCE IN JAN-NOV PERIOD
Prime Minister Pham Minh Chinh chairs a Cabinet meeting on Thursday to review socio-economic performance and COVID-19 fight in the first 11 months this year.
Present at the meeting include Standing Deputy Prime Minister Pham Binh Minh, Deputy Prime Minister Le Minh Khai, Deputy Prime Minister Vu Duc Dam and Vice President Vo Thi Anh Xuan.
Report by the Ministry of Planning and Investment showed there were positive indicators in the reviewed period, noticeably the index of industrial production expanded 3.6 percent against the same period last year.
The consumer price index rose by 1.84 percent on year, the lowest rate recorded since 2016.
Viet Nam’s trade with the rest of the world witnessed a year-on-year increase of 22.3 percent to US$599.67 billion while the total retail sales of goods and services picked up 6.2 percent on year.
Total foreign direct investment (FDI) inflows into the Southeast Asian country climbed by 11 percent to US$26.46 billion and the volume of disbursed FDI capital was estimated at US$17.1 billion, which indicate foreign investors’ confidence in Viet Nam’s business environment.
More than 28 million turns of people have received financial assistance from the central and local authorities over the last 11 months.
The country is stepping up vaccine rollout for children in a bid to soon reopen schools. As of December 1, the nation administered 123,442,920 COVID-19 vaccine doses.
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1. Banks reach for the stars with tie-ups 2. Sacombank gives gifts for disadvantaged to enjoy Tet 3. Positive outlook for shrimp exports in 2022 4. Difficult period forecast for Vietnams' catfish industry. 5. Binh Duong Province speeds up regional connectivity works ----and more news
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Ahead of the 2022 Lunar New Year, the stock market saw a strong correction, with hundreds of stocks closing at lower levels. However, this is expected to be a short-term trend.
The COVID-19 pandemic has sparked a boom in e-commerce in Việt Nam since consumers shift their spending habits towards online platforms. However, as online sales continue to grow, so does tax evasion.
1. Gold prices rise significantly before Tet 2. Central bank to keep watch on bancassurance activities 3. Pumping money to restore the economy: time is running out 4. Export picture enjoys benefits from restart 5. New projects ramp up SME benefits ----and more news