News

01 Jul
Evaluation of key performance criteria in Hanoi (first 6 months of 2015)

23-10-2015

In first half of 2015, the gross regional domestic product of Hanoi reached VND 187,879 billion, increased by 7.8% compared to that of 2014. Among 3 main economic sectors, service sector ranked first in growth rate (8.3%), industry and construction sector came the second place with 7.6%, and agriculture, forestry and fishing had lowest growth rate (2.8%).
In terms of production activities: Industrial production index increased by 6.8% compared to that of 2014, revenue from services reached VND 887,770 billion, increase by 10% compared to that of 2014. Revenue from transportation was recorded at VND 33,258 billion, increased by 13.2% compared to the same period of 2014.
Regarding international trade, total export value was USD 5,306 million, decreased by 1.2% compared to that of 2014, while the figure for import was USD 11,814 million, increased by 2.1%.
Regarding investment capital, the total amount was recorded at VND 136, 965 billion, increased by 10.4% compared to 2014 though the amount of foreign direct investment capital was on the downward trend.
Both revenue and spending of local authority increased by same rate of 13.2% compared to 2014. How ever, the period of 6 months of 2015 witnessed a significant decrease in revenue from crude oil (45% decrease compared to 2014).
 
Source: Hanoi Statistical Office
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jan
Retail sales of goods and services of HCMC (first 10 months of 2014)

19-11-2014

In October, total retails of goods and services of HCMC was 55,879 billion VND, increased 3.2% and 10.6% respectively compared to last month and the same period last year.
In the first 10 months, total retails of goods and services was 530,479 billion VND, increased 12% compared to the same period of 2013. Excluding price fluctuation, goods and services volume went up by 17.1%.
In commerce sector, some goods had high growth rate are transpotation means (24.9%); petrolium (12.5%); and others (20.8%). In addtition, hotels and restaurants sector reached 56,069 billion VND; services revenue was 34,428 billion (11.4% increase) and toursim reached 15,696 billion (went up by 13.3%).
 
Source: HCMC Statistics Office
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jan
Unemployment rate of labour force in working age in urban area by region (2011-2014)

06-07-2015

The period from 2011 to 2014 witnessed a fluctuation in the unemployment rate of labour force in working age in urban area in the whole country. In 2012, the rate decreased by 11% compared to that of 2011 (3.6%), and then rose back to 3.59% in 2013. Fortunately, in 2014 the figure for whole country fell by 5.5% compared to that of 2013, which indicates a positive change. Among 6 regions listed, Red River Delta had remarkably high unemployment rate of labour force in working age in urban country, ranking number 1 in 2013 and 2014. The rate for North Central and Central coastal areas, though always higher than that of the whole country, was on downward trend of 0.1%/year since 2012.
Source: General Statistics Office
Data consolidated by B&Company Vietnam

01 Jan
The status of e-commerce websites in Vietnam 2014

03-11-2015

Among 1,350 websites offering e-commerce service in the survey, 765 websites (accounting for 57%) had the operation models of online stores (with add-to-card service); the rest (accounting for 43%) had the operation models for marketing purposes (e.g. introduce products and services that the company provide, not for online trading)
Regarding source of investment capital, more than 97% of the capital came from firm’s internal equity, and only 0.5% came from foreign investor.
The result showed a shift in online trading volume and in diversity of products and services. Among those, clothing, cosmetic and health care product was best selling (28%), next is electrical home appliances (25%). Hi-tech products like computers, mobiles, and office equipment and food and drinks ranked the third position (19%)
Facebook Fanpage was the most popular means of advertisement, selected by 48% of survey website. Paid advertisemet on Google via SEO (search key words) came the second place with 47%. Other low-cost means like advertisement on blog, forum was ultilised by 41% of firms surveyed.
Source: Vietnam E-commerce and Information Technology Agency
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jan
Import – Export value by main countries and regions in the first 9 months of 2014

28-11-2014

Export value in the first 9 months of 2014 of EU was about $20.2 billion, 3 times higher than import value (~$6.6 billion). In there, German had the highest value including $3.76 billion of export and $1.96 billion of import.
In additon, export value in the same period of ASEAN reached $13.9 billion, 1.22 times lower then import value which was $17 billion. In which, Malaysia was in the first place of export-import value, respectively $2.9 billion and $3.03 billion.
Meanwhile, export value of America reached $20.85 billion, higher than EU’s.
Source: General Statistics Office
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jul
Main Export Products (2013-5/2014)

06-06-2014

In 2013, the export value of Vietnam reached 132,175 million USD, increasing by 15% in comparision with 2012. Two products exported most in 2013 with 16% and 14%, respectively, of total value were Mobile phones and accessories and Textile and garments. Specially, the former also showed the fastest growth in value at about 70% year on year. By contrast, there was an drop in the value of Gasoline, kerosence; Coal or Coffee (by about 30%). In the first 5 months of 2014, Vietnam exported the amount of 58,508 milion USD, increasing by about 15% in comparision with the same period last year. The most exported goods were as the same as those in 2013. However, Chemicals export value rose at a highest rate (about 76% more than last year).
 
Source: General Statistic Office

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jul
Main index industrial production in HCMC (first 6 months of 2014)

31-10-2014

The index of industrial production in June was 99.5%, decreased slightly compared to May’14. The industries that had the highest growth rate were tabacco (+18.6%), and mining (+14.0%).Some industries’ growth rates declined compared to last month, in which the most decreases came from other transportation means (-22.0%), and metal industry (-19.5%).
Generally, in the first 6 months of 2014, index of industrial production went up by 5.6% compared to the same period of 2013. In there, mining industrywent down by 0.4%; processing industry increased by 5.6%; production and distribution of electricity rised by 5.7%; water supply and waste disposal increased by 7.2%.
Four key industries are food processing industry, rubber production, electronics, and mechanical. Production results of these 4 industries in June declined by 2.1% compared to May (mainly because of the  huge decrease of electronics industry which was 14.3%); but rised 8.5% compared to the same period of 2013.
 
Source: HCMC Statistics Office
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jul
Import value in Ho Chi Minh by type of ownership (May, 2014)

04-07-2014

In May 2014, Ho Chi Minh City inported a value of USD 2,200.4 million. Among that, non-state business imported USD 1,243.9 million, accounting for 57% of the city’s import value. In comparison with April, the city’s import value showed a little change. Similarly, in the first 5 months of 2014, the import value nearly unchanged in comparison with the same period last year. While non-state companies’ import value decreased by 8.2%, state-owned companies’ import value increased considerably by 26.6%. This change, however, did not create much effect on the city’s import value because this value just account for 9% the total.

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jul
Results of implementation of several important items after first 6 months in Ho Chi Minh city

08-08-2014

In the 2nd quarter of 2014, economy in Ho Chi Minh city continues to grow, especially construction industry propers considerably. Commerce & service has no remarkable change but rises stably. Real estate has recovered to some extent especially in segmentation of low-price apartment block which is evaluated as to be potentially  vigorous.
GDP this quarter is 8.7 % which was 7.7% last quarter.  In general GDP after first 6 months of 2014 is 8.2% higher than the same period last year (which is 7.9%). Industrial production reaches 5.6% (same period last year it was 5.2%). Total investment capital stands at  60.134 billion VND, rises 3.2% (same period last year it was 3.1%). Except for crude oil, export increases 5.7% compared to same period last year. Foreign investment of newly registered projects reach 794 million USD. Total revenues of retail and service increases 12.8%. National budget income is 14.9% higher than the same period last year meanwhile national budget spending rises 3.9% (last year – 10%)
 
Source: HCMC Statistics Office

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
01 Jul
Retail sales of goods and services of HCMC (first 6 months of 2014)

10-11-2014

Total retail sales of goods and services in Ho Chi Minh City in the first 6 months of 2014 reached VND 54,595 billion, increased by 2.8% and 15.4% respectively compared to last month and the same period of 2013.Some of goods had higher growth rate than last month including household utensils (6%), cars and transportation (20%), petroleum (4.1%), and other fuels (7.3%), etc.
The total retail sales of goods and services of Vietnam in the first 6 months was estimated to reach VND 312,147 billion, increase 12.8% compared to the same period last year. Excluding price fluctuation, goods and services’ volume went up by 7.7%.
Considering about tourism, hotel and travel’s sales in June’14 was estimated to be VND 12,603 billion, accounting 4% in total retail sales of goods and services, increased 11% compared to the same period of 2013.
 
Source: HCMC Statistics Office
Data consolidated by B&Company Vietnam

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
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