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Friday,  09/20/2024
Vietnam’s fiscal deficit forecast at 6.6 percent of GDP in 2019
Vietnam’s fiscal deficit forecast at 6.6 percent of GDP in 2019
Hanoi (VNS/VNA) - Vietnam’s fiscal deficit, including principal repayments, would come in at 6.6 percent of GDP this year and next year, up from 5.9 percent in 2018, Fitch Solutions Macro Research forecast. Illustrative photo (Source: VNA) It was revised from 5.7 percent and 5.8 percent projected previously. According to Fitch analysts, this follows a 7.4 percent deficit based...
Lang Son’s leader inspects activities at Chi Ma border gate
Lang Son’s leader inspects activities at Chi Ma border gate
(LSO) - A working delegation of the provincial People’s Committee of Lang Son province, led by Deputy Secretary of the provincial Party Committee and Chairman of the provincial Party’s Committee Pham Ngoc Thuong, on September 4 examined import-export activities at Chi Ma border gate in Loc Binh district. Lang Son province and China’s Guangxi Zhuang Autonomous Region officially opened...
Leading steelmaker exports 165,000 tonnes in eight months
Leading steelmaker exports 165,000 tonnes in eight months
Hanoi (VNA) – Leading steelmaker Hoa Phat shipped abroad 165,000 tonnes of construction steel in the first eight months of this year, up 38 percent year-on-year, according to the group. Illustrative image (Photo: VNA) During the period, it churned out a total of 1.77 million tonnes of construction steel, an increase of more than 20 percent against the corresponding...
Retail sales up 11.5 percent in January-August
Retail sales up 11.5 percent in January-August
Hanoi (VNS/VNA) - Vietnam’s total revenues for retail trade and services reached an estimated 3.21 quadrillion VND (137.4 billion USD) in the first eight months of 2019, up 11.5 percent year on year, the General Statistics Office (GSO) has announced. A woman shops for fruits at a supermarket in HCM City (Photo: VNA) This positive growth proved the rising...
Campaign collects businesses’ recommendations for economic policies
Campaign collects businesses’ recommendations for economic policies
Hanoi (VNA) - The Party Central Committee’s Economic Commission in collaboration with relevant agencies on September 3 launched a campaign urging enterprises and entrepreneurs to give their opinions on improving policies and mechanisms for economic development. At the launching ceremony of the campaign (Photo: VNA) All Vietnamese firms and businessmen are welcomed to take part in the campaign, with...
Comprehensive measures help boost tax revenue
Comprehensive measures help boost tax revenue
(LSO) - A report by the Lang Son Customs Department shows that as of August 12, tax revenue from import and export through border gates in the province exceeded 2.24 trillion VND, an increase of 48 percent from the same period last year and equal to 80.1 percent of the target. Attracting export-import businesses Of the figure, the customs...
Vietnam’s export turnover up 7.3 percent in eight months
Vietnam’s export turnover up 7.3 percent in eight months
Hanoi (VNA) - Vietnam’s export turnover hit nearly 170 billion USD in the last eight months, a year on year increase of 7.3 percent, according to the Ministry of Industry and Trade (MoIT). Processing fruit for export (Source: VNA) Thanks to contributions of the group of mobile phone and accessories, the country enjoyed a trade surplus of 1.7 billion...
Vietnamese mangoes enter Chilean market
Vietnamese mangoes enter Chilean market
Hanoi (VNA) – Mangoes have become the next Vietnamese fruit to be exported to Chile, following dragon fruit. Mangoes are covered in paper bags to have a good look and protect them from insects (Photo: VNA) The first batches of Vietnamese mangoes and Chilean apples were shipped to each other’s markets on August 15, a representative of Chile’s trade...