8 hours ago
Vietnam: Meat and Meat Product Imports Increased by 18.1%
In 2024, Vietnam imported 876,000 tons of meat, valued at $1.78 billion, an increase of 15.2% in volume and 18.1% in value, yoy.
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2024 12 10 snapshot
2024 snapshot kinh tế tháng 10
2024 12 10 snapshot
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VIETNAM MACRO SNAPSHOT
10 MONTHS - 2024
October 2024: Positive Domestic Economic Growth Despite Storm Disruptions in September
Industrial Production Index (IIP): The industrial sector rebounded with a 3.99% month-on-month increase in October, reversing the 0.19% decline in September. Notably, industrial production in storm-affected provinces such as Quang Ninh and Hai Phong rose sharply, by 25.2% and 19.8% month-on-month, respectively.
Purchasing Managers’ Index (PMI): Vietnam's manufacturing PMI climbed to 51.2 in October, up from 47.3 in September, driven by a recovery in purchasing activities, including output and new orders.
Exports: Total exports reached nearly USD 35.6 billion, up 4.6% month-on-month and 10.2% year-on-year. Exports to the EU were particularly strong, rising by 22.2% month-on-month and 28.6% year-on-year.
Foreign Direct Investment (FDI): Disbursed FDI totaled nearly USD 2.25 billion, an increase of 7.6% year-on-year. Newly registered and additional capital reached USD 2.38 billion, with most major projects featuring high technological content.
Corporate Bonds: No new delayed bond payments were recorded in October. Cumulatively for the first 10 months of 2024, total new delayed bonds amounted to VND 16.6 trillion, a significant drop from VND 137.6 trillion in the same period last year.
Key Financial Market Developments in October and Early November ...(see more)
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