Vietnam has posted GDP growth of 7.72% in Q2 this year. (Photo: VNA) Hong Kong (VNA) – The Lianhe Zaobao daily in Hong Kong, China, on June 30 ran an article highlighting Vietnam’s impressive economic growth of 7.72% in the second quarter. It wrote that with export and consumption recovery, the Vietnamese economy rebounded strongly in Q2, with gross domestic product (GDP) increasing 7.72% year on year – the fastest pace in almost 11 years. This is expected to boost the GDP growth in the first half of 2022 to 6.42% from a year earlier, beyond the Government’s 5.5% expectation. The country recorded a growth rate of only 2.04% in the same period last year. Unveiling the statistics on June 29, the General Statistics Office (GSO) of Vietnam stressed that compared to other ASEAN members and countries in the world, this is a relatively high growth rate, and that the country has also maintained macro-economic stability, according to Lianhe Zaobao. The article noted … [Read more...] about Hong Kong daily spotlights Vietnam’s impressive growth
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☀️ Morning digest on June 30
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – President Nguyen Xuan Phuc appreciated Cao Dai followers’ contributions to the country throughout history while receiving leaders of the religion’s churches and organisations in Hanoi on June 29. He said Caodaism is a religion coming into being in Vietnam, and during its development process, it has helped diversify the country’s traditional culture and uphold solidarity when encouraging its dignitaries and followers to stand side by side with the nation. Read full story – National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the UK’s House of Commons Lindsay Hoyle discussed various issues regarding cooperation between the two legislatures during their talks in London on June 29 morning. The two sides also exchanged views on their cooperation at multilateral forums and on regional and global issues of mutual interest. They focused discussions on measures to further … [Read more...] about ☀️ Morning digest on June 30
Vietnam transport ministry requires rectification following thousands of flight delays
The Vietnamese Ministry of Transport has requested that airlines improve their punctuality after more than 5,600 flights were delayed in June. Vietnamese airlines operated 30,808 flights between May 19 and June 18, a jump of 528.7 percent and 18 percent compared to the same period in 2021 and last month, respectively, according to statistics of the Civil Aviation Authority of Vietnam (CAAV). During this period, the overall punctuality of the entire industry was 81.8 percent, with only 25,206 flights taking off on time, down 15.9 percentage points and 9.4 percentage percentage points compared to the same period last year and in May, respectively. As many as 5,602 flights were delayed, about 18.2 percent, an increase of 15.9 percentage points and 9.4 percentage points year on year and from last month’s figure, respectively. Airlines canceled 65 flights, or 0.2 percent of the total flight number, up 4.8 percentage points, over the same period last year, but down 0.1 percentage … [Read more...] about Vietnam transport ministry requires rectification following thousands of flight delays
Hanoi’s economy posts solid growth in first half of 2022
Hanoi's GRDP growth in the first half of this year shows the economic recovery with the development of many key industries. Hanoi's economy has posted solid growth in the first six months of 2022, director of the municipal statistics bureau Dau Ngoc Hung said at a press conference on June 30. The city's gross domestic product (GDP) has expanded by 7.79% compared to the same period last year, in which, growth in the first and second quarters was 6.02% and 9.49%, respectively, Hung said. He stressed that GRDP growth in the first half of this year is higher than that in the six-month periods in recent years, showing a clear trend of recovery and development quarter after quarter of key industries. In addition, the services sector in the first six months of the year increased by 9.05% year-on-year (with increases of 6.4% and 11.68% in the first and second quarters, respectively) and contributed 5.91 percentage points to the growth of GDP. Director of the Hanoi … [Read more...] about Hanoi’s economy posts solid growth in first half of 2022
Virtual event to connect Vietnamese, Japanese firms in support industries
Illustrative image (Source: VNA) Hanoi (VNA) – An online conference will take place from July 5 - 6 to connect Vietnamese and Japanese businesses in the support industries, aiming to help domestic firms seek partners and boost exports. The event, held by the Vietnam Trade Promotion Agency (Vietrade), Vietnam’s Trade Office in Japan, and the ASEAN - Japan Centre , will also help Vietnam ese businesses in the support industries to access new trends in the market, advanced technologies, and potential partners from Japan in order to develop more professionally. It will assist enterprises in Vietnam to maintain connectivity with the Japanese side and explore export opportunities, according to Vietrade. Statistics show that over the past years, Vietnamese companies have developed in terms of both quantity and quality. They have improved production capacity and are increasingly engaged in global production chains. The number of those firms currently accounts for … [Read more...] about Virtual event to connect Vietnamese, Japanese firms in support industries