Investment

The northern province of Ninh Binh recored an industrial production index growth of 21.4 percent in the first quarter of 2019, according a report released by the Department of Industry and Trade.

Vietnam maintained a trade surplus of US$711 million in the first four months of this year, much lower than US$3.7 billion recorded in the same period in 2018.

Export turnover of agricultural, forestry and fishery products is expected to hit USD3.5 billion in April 2019, bringing the total figure for the first four months of the year to USD12.4 billion.

The Ministry of Transport has approved a 1.95 trillion VND (83.85 million USD) project on upgrading weak bridges along the railway connecting Hanoi to Ho Chi Minh City.

Vietnam has so far invested in 190 projects worth nearly 2.9 billion USD in Cambodia, according to the Saigon Giai phong (Liberated Saigon) newspaper.

The Vietnamese economy expanded 6.79% in the first quarter of 2019, the General Statistics Office (GSO) announced on March 29.

Industrial production of Ninh Binh province reached 14,4 trillion VND in the first quarter of 2019, representing a year-on-year increase of 21.4 percent, according to the Department of Statistics Office.

The Asian Development Bank (ADB) has forecast Vietnam's economy to grow by 6.8% in 2019 and 6.7% in 2020, according to its latest report released on April 2.

The Viet Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) have jointly released the latest Provincial Competitiveness Index (PCI) Report which measures improvements of local-level business environment in 2018.

Sea-based economic sectors contribute 10% of Vietnam's gross domestic product (GDP), according to the Ministry of Natural Resources and Environment.

After a two-month trade deficit, the economy is expected to witness high export turnover this year thanks to buoyancy in export-oriented manufacturing fuelled by multilateral trade pacts.

The construction of the Van Don-Mong Cai expressway in the northern province of Quang Ninh has been scheduled to begin in early April, the provincial authorities said on March 20.

Deputy Minister of Trade and Commerce Dang Hoang An had a working session on March 19 with Ninh Binh authority to discuss way to tackle African swine fever.

Gia Thuy commune, Nho Quan district, in northern Ninh Binh province, is home to the famous nearly 60-year-old pottery village, which has been preserving traditional cultural values well while helping its local people to earn incomes as well.

The UN Food and Agriculture Organisation (FAO) and World Organisation for Animal Health (OIE) have said they are willing to help Vietnam deal with the outbreak of African swine fever (ASF).

The northern province of Ninh Binh earned an estimated of 351 million USD from exports in the first two months of this year, up 64.7 percent year-on-year, according the provincial Statistics Office.

n 2018, despite enormous competition pressure from markets around the world, Vietnam's agricultural export turnover still rose strongly, reaching a record of over US$40 billion.

As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The Ninh Binh province's index of industrial production (IIP) in January rose significantly by 22.9 per cent against the same month last year, according to the Department Statistics Office.