Insights

VIETNAM MACROECONOMIC PERFORMANCE, OCTOBER 2022

Despite the world's uncertainties, Vietnam's economy continued to recover strongly. In which, the number of newly established enterprises increased, industrial production continued to be the mainstay, major balances continued to be maintained... were the highlights of the economy in the first 10 months of the year...

VIETNAM MACROECONOMIC PERFORMANCE, SEPTEMBER 2022

The highest GDP growth in more than a decade, a trade surplus of over 6.5 billion USD, inflation lower than the average CPI... are the bright spots of the economy in the first nine months of 2022.

In following section, NDTC Consulting would briefly describe herewith some highlights regarding most significant variations of macroeconomic indicators during September and the second quarter of 2022.

ALUMINUM IN VIETNAM

Vietnam has a substantial amount of bauxite reserve of 5,800 million tons which is ranked 2nd in the world. However, bauxite mine production of the country in 2021 was shy of 3.5 million tons, which is a small fraction compared to mine production of other large bauxite-reserve countries in the same year such as Australia with 110 million tons, China with 86 million tons, Guinea with 85 million tons, Brazil with 22 million tons, and Indonesia with 8 million tons.

VIETNAM MACROECONOMIC PERFORMANCE, AUGUST 2022

After 8 months of 2022, Vietnam's economic situation continues to prosper with many bright spots. In particular, the number of tourists is increasing, the export turnover of some key products is higher than the same period last year, estimated to be a trade surplus of nearly 4 billion USD...

In following section, NDTC Consulting would briefly describe herewith some highlights regarding most significant variations of macroeconomic indicators during August and the first eight months of 2022.

VIETNAM MACROECONOMIC PERFORMANCE, JULY 2022

In the first 7 months of 2022, Vietnam's economic situation continued to recover in many fields. Typically, export turnover reached more than 431 billion USD, disbursed FDI capital maintained an upward momentum, the number of international visitors to Vietnam increased by the same number of times.

In following section, NDTC Consulting would briefly describe herewith some highlights regarding most significant variations of macroeconomic indicators during July and the first seven months of 2022.
 

INDUSTRIAL REAL ESTATE IN VIETNAM

A series of industrial park and warehouse projects has been started in many provinces as demand for industrial land and warehouse have been recovered steadily with an increase of 10% and 7% year-over-year, respectively.

VIETNAM MACROECONOMIC PERFORMANCE, JUNE 2022

With a series of timely and reasonable management instructions by the Government, Vietnam's economy - society in the second quarter and first six months of 2022 has prospered in most industries and fields. In which, GDP growth reached a high level, import and export turnover continued to grow compared to previous years, the number of international tourists gradually returned...

VIETNAM MACROECONOMIC PERFORMANCE, MAY 2022

The latest data from the General Statistics Office shows that the economy has had many signs of improvement. Typically, the industrial production index in May increased by 10.4% over the same period in 2021, higher than the two previous years of 2018 and 2019; the number of newly established enterprises at the highest level in the same period in the past 5 years...

HEALTHCARE IN VIETNAM

Demand in healthcare sector in Vietnam has been fueled by the economic and demographic transformation over the past decade. A fast-growing middle class and an aging population are the main drivers signifying a promising and exciting perspective for healthcare industry in Vietnam. Accordingly, the country’s healthcare spending is expected to reach USD23 billion in 2022, which is sharply increased from USD17 billion in 2019, also given the impact of COVID-19 towards the growing need for healthcare investment in Vietnam.

VIETNAM MACROECONOMIC PERFORMANCE, APRIL 2022

With 15,000 newly established businesses, April 2022 becomes the month with the highest number of newly established businesses ever…

VIETNAM MACROECONOMIC PERFORMANCE, MARCH 2022

The process of economic recovery has added new bright signals. Typically, in the first quarter of 2021, the whole country had nearly 34.6 thousand newly registered enterprises with a total registered capital of 471.2 trillion VND, an increase of 18.1% in the number of enterprises and an increase of 5 .2% in registered capital over the same period last year...

FINTECH DEVELOPMENT SITUATION AND PROSPECTS IN VIETNAM

In the past year, the covid pandemic and new strains have caused the country's economic sector to become severely depressed. However, with the Fintech industry, it makes a different case.

It seems that the emergence of the pandemic as an invisible stepping stone to lift this industry to new heights. Specifically, in Vietnam, there have been many amazing changes based on the 2021 report.

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