Ho Chi Minh City: Industrial production index increased the most in 3 years

Estimated trade deficit in May is 1 billion USD

The growth rate of goods imports outperformed that of exports, causing the trade deficit to return in May, after many months without recording this.

[Infographic] International visitors to Vietnam in the first 5 months of 2024

Favorable visa policies and tourism promotion programs in 2024 have been promoted by localities across the country, attracting a fairly high number of international visitors to Vietnam compared to the same period last year. In May 2024, the number of international visitors to our country reached nearly 1.4 million, an increase of 51.0% over the same period last year. In the first five months of 2024, international visitors reached nearly 7.6 million, an increase of 64.9% over the same period last year and an increase of 3.9% over the same period in 2019 - the year before the Covid-19 pandemic.

[Infographic] State budget revenue and expenditure for the first 5 months of 2024

State budget revenue in the first five months of 2024 is estimated to increase by 14.8% over the same period last year. State budget expenditure is estimated to increase by 0.5% over the same period in 2023, ensuring the needs of socio-economic development, national defense, security, state management, payment of due debts as well as timely payment to subjects according to regulations.

[Infographic] Industrial production index for the first 5 months of 2024

Industrial production in May continued to maintain a more positive growth trend than the previous month. The industrial production index in May is estimated to increase by 3.9% over the previous month and by 8.9% over the same period last year. In the first five months of 2024, the industrial production index of the whole industry increased by 6.8% over the same period last year.

Many policies are needed to adapt to the world's rapid changes.

Delegate Tran Hoang Ngan highly appreciated the solutions that the Government reported to the National Assembly, especially short-term solutions such as continuing to implement an expansionary, controlled fiscal policy; coordinating with a flexible, effective monetary policy according to the inflation target.

[Infographic] FDI capital registered in Vietnam in May 2024

Total foreign investment capital registered in Vietnam as of May 20, 2024, including: newly registered capital, adjusted registered capital and capital contribution and share purchase value of foreign investors, reached nearly 11.07 billion USD, up 2.0% over the same period last year.

Efforts to disburse public investment to boost the economy

In the first months of the year, Ho Chi Minh City made efforts to disburse public investment capital, increasing 2.4 times compared to 2023. Although the absolute value increased compared to before, compared to the 2024 plan, it only reached 7%-8%.

[Infographic] CPI Index May 2024

The increase in pork prices due to supply shortages after the African swine fever outbreak in late 2023 and the increase in electricity prices due to hot weather were the main reasons for the consumer price index (CPI) in May 2024 to increase by 0.05% compared to the previous month. Compared to December 2023, the CPI in May increased by 1.24% and compared to the same period last year, it increased by 4.44%.

Continuing the upward trend, CPI in May 2024 increased by 4.44% over the same period

CPI in May 2024 increased by 4.44% over the same period last year; average in the first five months of 2024 increased by 4.03% over the same period last year; core inflation increased by 2.78%.

National Assembly Deputies Propose to Soon Amend the Personal Income Tax Law

Delegates propose to soon submit the Law on Personal Income Tax at the October session.

Economic news review May 28

The central exchange rate decreased by 12 VND, the VN-Index increased by 14.05 points, or as of May 20, 2024, the total registered foreign investment capital in Vietnam reached over 11.07 billion USD... are some notable economic information on May 28.

Digital transformation and green transformation are key drivers of economic growth

Vietnam has identified digital transformation and green transformation as strategic choices. These two transformations will ensure a country with rapid and sustainable development.

National Assembly discusses draft Law on Capital

Continuing the 7th Session of the 15th National Assembly, on the afternoon of May 28, the National Assembly discussed in the hall a number of contents with different opinions of the draft Law on the Capital (amended).

[Infographic] Business registration May 5, 2024

The number of newly established enterprises in the first 5 months of 2024 was 64,758, an increase of 4.5% over the same period in 2023, 1.1 times higher than the average level in the period 2019-2023 (56,604 enterprises). The registered capital in the first 5 months of 2024 reached VND 601,220 billion, an increase of 5.7% over the same period in 2023.

Promoting Sustainable Finance in the Asia-Pacific Region

On May 28, in Hanoi, the ACCA Asia-Pacific Forum organized by the Association of Chartered Certified Accountants (ACCA) officially opened. The forum aims to create a platform for creative thinking and strategic exchange among stakeholders in the accounting and finance sector.

Source: https://thoibaonganhang.vn/tp-ho-chi-minh-chi-so-san-xuat-cong-nghiep-tang-cao-nhat-trong-3-nam-152174.html