Business News

Key targets set out in resolution on socio-economic development plan for 2021-2025

During the first eight months of the year, the country recorded a total of 1,135 new projects from foreign investors with total registered capital of $11.33 billion. Foreign investors have also purchased shares and bonds worth $2.81 billion. FDI for the first eight months of 2021 reached $11.58 billion, a 2 per cent increase year-on-year.

The "Doi Moi" (renovation) policy, initiated by the 6th Congress of the Communist Party of Vietnam (December 1986) and further improved and developed by following congresses, has opened a turning point in the cause of national construction and development.

Given complicated COVID-19 pandemic development and its adverse impacts on global trade, Vietnam's exports still grew positively, partly driven by free trade agreements (FTAs) which reportedly helped diversify export markets and circumvent risks of unexpected developments.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

1. Reference exchange rate continues to go down
2. Law on bad debt settlement proposed
3. FDI disbursement rises 2pct in first eight months
4. Pangasius exports to China continue to drop due to trade barriers
5. Future outlined for BOT projects on back of PPP Law
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1. Turntable ball bearing supply
2. Automobile supply-bid extend
3. Materials, equipment and tools supply
4. Equipment and materials supply
5. Laser engraving machine supply
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Newly- and additionally-registered foreign direct investment (FDI) capital increased in the first eight months, while capital contributions and share purchases dropped remarkably.