The growth rate helps bring Vietnam’s economic growth in the first six months to 6.42 percent, the highest in three years. Last year, the first-half expansion rate was 5.74 percent.

A customer (R) shops at a market in Ho Chi Minh City on June 22, 2022.

Manufacturing and processing in the first six months expanded by nearly 9.7 percent.

Industry and construction expanded by 7.7 percent, while the agriculture, forestry and fishery sectors saw growth of 2.78 percent.

The Index of Industrial Production (IIP) in the first six months surged in some key sectors, like garment (23 percent), electric equipment manufacturing (22 percent), and medicines production (17.5 percent).

Sixty-one out of 63 localities in the country posted IIP growth, except for the provinces of Ha Tinh and Tra Vinh where the energy production sector posted a decline.

Exports in the first six months rose 17.3 percent year-on-year to $186 billion, while imports increased by 15.5 percent to $185 billion.

Retail and services revenue rose by nearly 12 percent year-on-year to over VND2,700 trillion.

A total 602,000 foreign visitors came to Vietnam, a seven-time jump from the first six months of last year as Vietnam reopened its borders.

This figure, however, is 93 percent lower than in 2019 when the Covid-19 pandemic had yet to occur.

The consumer price index, which measures inflation, rose 2.44 percent year-on-year.

Luc Nam district attracts investment in tourism development

(BGO) - With a system of landscapes, cultural and historical relic sites in harmony with natural beauty and human works, Luc Nam district of Bac Giang province owns many advantages for tourism development. In recent years, the district has taken many ways to attract investment and accelerate the growth of the tourism industry.

Development of e-contracts in Vietnam crucial to digital economy

The development of e-contracts in Vietnam is crucial to the country’s digital economy, helping businesses to effectively manage and save costs and time while creating a professional working environment.

Routes Asia 2022 helps Da Nang promote tourism development, economic recovery

The 16th Asian route development forum (Routes Asia 2022) was a success, providing a great database for its host - the central city of Da Nang, to promote its tourism to countries around the world, stated Vice Chairman of the city People’s Committee Tran Phuoc Son at a meeting to review the event on June 16.

Bac Giang farming moves toward sustainable development

(BGO) - The working delegation of Ministry of Agriculture and Rural Development (MARD) led by Deputy Minister Phung Duc Tien on June 16 had a working session in Bac Giang province. The delegates were received by Chairman of the provincial People’s Committee (PPC) Le Anh Duong.

Security protection must go hand in hand with socio-economic development: Party chief

Ensuring security and social order should go hand in hand with socio-economic development, and the expansion of foreign relations, Party General Secretary Nguyen Phu Trong told a conference in Hanoi on June 17.

Source: VnExpress