Tag: Socio-economic

International visitors to Da Nang increased by 30% to 2.8 million, while domestic tourism saw a 35.5% rise to 5 million

Hanoi Unveils '5 Determinations, 5 Guarantees, 5 Accelerations' Plan to Boost Growth and Stability

Government Lays Out Comprehensive Revival Strategy Amid Signs of Recovery Taking Hold

At a discussion session on October 27 regarding the results of the socio-economic development plan in 2022 and the proposed plan for 2023, National Assembly (NA) deputies lauded the 2022 results but also expressed concern about high but unsustainable economic growth. They also proposed a host of solutions, such as exploiting the strengths of free trade agreements (FTAs) to expand and diversify export markets.

On September 6, at the regular government meeting, Prime Minister Pham Minh Chinh noted 12 outstanding results in socio-economic development over the past eight months, such as vibrant trade and services, rapid recovery in all industries, investment capital from society continuing to increase, business development achieving positive results, and public debt and government debt continuing to decline, etc.

According to a report presented by the Ministry of Planning and Investment at the regular government meeting on December 2, the socio-economic situation continued to improve in November. Inflation was low while the currency market and exchange rate were stable. Compared to October, the CPI increased 0.32 per cent and the index of industrial production (IIP) 5.5 per cent. Credit growth reached 9.65 per cent. State budget revenue was more than 100 per cent of the annual estimate.