Us gdp growth by quarter

Industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. Meanwhile, auctions and granting of land use and rental improved revenue collection in the last quarter of 2020, while ample liquidity continued to lower the Government’s borrowing cost in the domestic market. … [Read more...] about VN eyes strong recovery from pandemic this year

Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB

Since the EVFTA took effect, more than 15,000 certificates of origin forms have been issued with a total turnover of US$700 million to 28 EU countries, according to the Ministry of Industry and Trade. The Ministry of Agriculture and Rural Development said that in August alone, Vietnam’s export value to the EU reached US$3.25 billion, up 4.65 percent against July and 4.2 percent against last year. The turnover in September also posted a 14.4 percent year-on-year surge. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery

-- Vietnam's economic growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent and making it one of the fastest-growing economies in the world, the Vietnam News Agency reported on Tuesday, quoting the World Bank. … [Read more...] about Breakfast @ Tuoi Tre News – January 20

Under a recent report on the insurance industry, Saigon Securities Incorporation (SSI)’s experts said growth of the premium revenue for life and non-life insurance segments in 2021 would be 22 per cent and 10-12 per cent, respectively, against last year. … [Read more...] about Insurance industry continues good trends in 2021