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Economic growth likely to reach 6.4%

VNA
Published: September 08, 2015

Viet Nam’s economic growth in 2015 is forecast to reach 6.4%, according to the Ministry of Planning and Investment.

The country’s macro-economy is still under control despite negative impacts from regional and global economic downturns.

In the first 8 months of this year, the country’s industrial production index and goods export turnover increased by 9.9% and 9.5% respectively, from those in the same period last year.

 

Meanwhile, total retail sales of consumer goods and services in the period were estimated to rise 10.1% year-on-year, yielding positive signs in purchasing power and total demand, which will create a momentum to foster production and business activities and promote economic growth.

In August this year, as many as 9,301 enterprises were established nationwide with total registered capital of 55.2 trillion VND (nearly 2.5 billion USD), representing increases of 41% and 41.9%, respectively, over the figure recorded in July.

(Source: VNA)

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