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IQ2018 VIETNAM ECONOMY: DRAMATIC GROWTH

IQ2018 VIETNAM ECONOMY: DRAMATIC GROWTH

Sunday 20, 10 2019
The first quarter of 2018 has witnessed dramatic growth of Vietnam’s economy which hits 10-year record of first-quarter performance
The first quarter of 2018 has witnessed dramatic growth of Vietnam’s economy which hits 10-year record of first - quarter performance.

 

South Korea is the largest investor in Vietnam with USD493.03 million. Following is Singapore and Japan with USD421.66 million and USD265.61 million respectively.
 
There is an increase of 1.2% in the number of newly established companies. Real estate attracts USD4 billion registered capital with 1,226 newly established companies.
Mobilizing interest rate and interest rate remain stable
 
 


Mobile phones and components has the highest export turnover USD12.3 billion. Following is the texttile industry with USD6.3 billion. FDI enterprises contribute 61% to the country’s export value.

 
The transaction volume of stocks on HOSE increased 222.5% over the same period last year.
 

Industry and construction contributed the most to economic growth at 3.39 percentage points, of which manufacturing contributed 2.46 percentage points.

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