Latest news with #GeneralStatisticsOffice
The Star
6 days ago
- Health
- The Star
Vietnam's fertility rate drops to historic low; country now undergoing rapid ageing of the population, says govt
The Vietnam govt has announced that the total fertility rate has decreased from 2.01 children per woman in 2022 to 1.96 in 2023 and 1.91 in 2024. -- Photo: Vietnam News/ANN HANOI (dpa): Vietnam is facing major challenges, including the lowest fertility rate in its history, a severe gender imbalance at birth and the rapid ageing of the population, the government said on Friday. "The total fertility rate has dropped to its lowest level in history and is expected to continue to decrease in the coming years," Health Minister Dao Hong Lan said at a meeting on the occasion of World Population Day, adding that these challenges affect the country's sustainable development. Citing the results of the population change survey in April 2024, Lan pointed out that the total fertility rate has decreased from 2.01 children per woman in 2022 to 1.96 in 2023 and 1.91 in 2024. This is the lowest level in Vietnam's demographic history. A rate of 2.1 is usually needed for population replacement. Vietnam's population is currently estimated at about 103 million people. The Vietnamese government wants the population to grow, but in a balanced and sustainable way. It has encouraged couples to have two children, especially in urban areas, and offers incentives such as financial support, longer maternity leave and childcare. Although it has been controlled, the gender imbalance at birth is also of concern. Specifically, the ratio was 110.5 boys to 100 girls in 2009, increased to 111.5 boys to 100 girls in 2019, and is currently at 111.4 boys to 100 girls in 2024. This imbalance negatively impacts the future population structure, leading to a surplus of men: The General Statistics Office predicts that if the gender imbalance at birth remains high, Vietnam will have a surplus of 1.5 million men aged 15 to 49 by 2034, and this number could reach 1.8 million by 2059. - dpa
Fibre2Fashion
08-07-2025
- Business
- Fibre2Fashion
Vietnam's CPI up 3.31% YoY in Q2 2025
Vietnam's consumer price index (CPI) increased by 3.31 per cent year on year (YoY) in the second quarter (Q2) this year, official data show. Among the 11 main commodity groups, prices rose in ten. It rose by 0.48 per cent month on month (MoM) in June, with urban areas up by 0.5 per cent MoM and rural areas up by 0.45 per cent MoM. It rose by 3.57 per cent YoY in the month. Vietnam's CPI rose by 3.31 per cent YoY in Q2 2025. Among the 11 main commodity groups, prices rose in ten. It rose by 0.48 per cent month on month in June. In the first half this year, the country's index of industrial production (IIP) is estimated to have risen by 9.2 per cent YoY. Specifically, the manufacturing and processing sector rose by 11.1 per cent YoY, contributing 9.1 pps to the rise. Alongside seasonal factors, adjustments in electricity and healthcare fees, and fluctuations in gold and US dollar prices, exerted a clear impact on household expenses, according to the General Statistics Office. Core inflation in Q1 2025 rose by 3.16 per cent YoY, slightly below the headline CPI increase of 3.27 per cent. In the first six months this year, the country's index of industrial production (IIP) is estimated to have increased by 9.2 per cent YoY. Specifically, the manufacturing and processing sector rose by 11.1 per cent YoY, contributing 9.1 percentage points to the overall increase. The IIP in the first six months of increased in 62 localities compared to the same period last year, with only Ba Ria-Vung Tau province seeing a drop of 2.6 per cent YoY. Fibre2Fashion News Desk (DS)
Skift
08-07-2025
- Business
- Skift
Vietnam Posts 30% Tourism Growth, Leads Asia-Pacific Region
The latest World Tourism Barometer from the UN Tourism Organization shows Vietnam emerged as Asia-Pacific's top performer in international tourism growth for the first quarter of 2025, posting the region's highest increase in visitor arrivals. Vietnam experienced a 30% increase in international tourist arrivals in 1Q25, year-over-year. That puts it sixth globally and first in the APAC region, ahead of Japan and Palau. The General Statistics Office of Vietnam reported that the country welcomed nearly 10.7 million international visitors in the first six months of 2025. That was up 26% over the first half of 2019. June saw 1.46 million arrivals. Vietnam ranked second globally in recovery of international arrivals, up 34% over 2019 levels. Key source markets were led by Northeast Asia, contributing nearly 60% of total arrivals. China remains the top source with 2.7 million visitors, followed by South Korea, with over 2.2 million. Vietnam officials have an ambitious goal of 22 million to 23 million visitors as a target for the year, so they are below that pace, but October to December is the peak season. Melia Hotels International is increasing its presence in Asia Pacific, with one in every three new properties planned for the luxury segment. This will include the regional debut of its Paradisus by Melia and The Melia Collection brands, starting with Paradisus Bali, the group's first all-inclusive resort in Asia, scheduled to open in December 2025. Paradisus Bali will have 485 rooms and suites and seven private villas as well as The Reserve, an adults-only area with exclusive services and Family Concierge, a program tailored for families. The Melia Collection will debut in Asia in 2026 with the Melia Ba Vi Mountain Retreat in the Vietnamese highlands; Grand Luang Prabang in Laos and in Inner Mongolia, The Melia Collection Arxan. For context, see Skift's Meliá Hotels CEO Eyes Growth in Emerging Destinations as U.S. Travelers Boost European Resorts. Hyatt Hotels Corp is set to welcome guests to its newest five-star property in Kuala Lumpur, Hyatt Regency Kuala Lumpur at KL Midtown. This will mark the return of the Hyatt Regency brand to Kuala Lumpur and represents the group's seventh hotel in the city. The Hyatt Regency will be located opposite the Malaysia International Trade and Exhibition Center, with the standout feature of the property being a dual offering of hotel rooms and fully serviced residences. The hotel offers a total of 15 room types and 22 suites, including Regency Suites, Diplomatic Suites and the exclusive Presidential Suite. The hotel is expected to open on August 26th. Kimpton Hotel is set to make its grand debut in Tsim Sha Tsui, Hong Kong, launching bookings starting November 1, 2025. The hotel will have nearly 500 contemporary rooms and suites offering sweeping vistas of Victoria Harbour. There are connecting rooms and suites for families, five on-site restaurants, and the Swim Club at the 50th-floor rooftop pool. Wellness offerings include a spacious spa offering rejuvenating treatments. Marriott International's Le Meridien Hotels & Resorts brand announced the opening of Le Meridien Ahmedabad, a transformation of what was the Courtyard by Marriott Ahmedabad. The hotel is set in the heart of India's first UNESCO World Heritage City. The property features 164 guest rooms and suites, with the bespoke lobby being the visual anchor with art that is an ode to the rich heritage of Ahmedabad. Brigade Hotel Ventures, the second largest private owner of chain-affiliated hotels in South India, successfully raised Rs 126 crore in a pre-IPO placement. The company issued 14 million equity shares to 360 ONE Alternate Asset Management, priced at Rs 90 per share, accounting for 4.74% of the pre-offer share capital. Saigon Tourist Corporation held the groundbreaking ceremony of the 5-star Saigon – Da Nang hotel on July 4th. The hotel is being developed with a total investment of more than 779 billion VND, expected to be completed and put into commercial operation in the third quarter of 2028. The project is designed to include a 23-story building, including 2 basements, 22 floors above ground, and 1 roof floor. The hotel will provide 5-star standard amenities, including luxury rooms, high-class restaurants, modern conference services, an entertainment game area, a swimming pool, an event space, and more. Banyan Group announced the launch of Wisteria, a new residential building at the Residences at Garrya Phuket, located within the integrated Laguna Phuket resort. Wisteria is located just steps from the shores of Bang Tao Beach. The completion of Wisteria will coincide with the opening of Garrya Hotel Phuket, the first new hotel to open in Laguna Phuket for many years. The hotel is being designed to promote health and well-being, offering state-of-the-art facilities such as rejuvenating spa treatments, fitness programs, tranquil relaxation areas, and more. Wisteria will have one and two-bedroom configurations ranging from 57 square meters for one-bedroom units to 116 square meters for two-bedroom units. Australia's Star Entertainment has secured a last-minute reprieve from Chow Tai Fook Enterprises and Far East Consortium, the investors who decided to terminate the agreement to buy Star's 50% interest in the Queen's Wharf IR casino. Both sides agreed to extend talks until July 31 to allow parties to finalize long-form documents. While media reports stated that Star would have to repay A$10 million it received from its Hong Kong partners within 30 days, a new report suggests that the actual amount is A$37 million, which Star cannot afford. That must include the reimbursement of the partners' share of equity contribution made to the new casino and hotel complex since March 31. Personnel Moves La Vie Hotels and Resorts announced the appointment of Amanda Cottome as Director of Operations – Pacific, effective immediately. She joins La Vie following her most recent role as Group Director of Brand Experience & Sustainability at Ovolo Hotels.
Qatar Tribune
05-07-2025
- Business
- Qatar Tribune
Vietnam posts 7.5 percent growth in first half of 2025
Agencies Vietnam announced on Saturday its economy grew 7.52 percent in the first half of 2025, the highest in more than a decade as exports soared. The strong growth figure comes just days after southeast Asian manufacturing hub averted the most punishing of US President Donald Trump's threatened 'reciprocal' tariffs on its exports. 'GDP in the first six months of 2025 increased by 7.52 percent over the same period last year, the highest level of the first six months in the period 2011-2025,' the General Statistics Office said in a statement. The country achieved growth of 7.96 percent in the second quarter over the same period last year, the highest Q2 reading since 2022 when it hit 8.56 percent. 'Our country's socio-economic performance in the second quarter and the first six months of 2025 achieved very positive results, approaching the set target in the context of many uncertainties in the world and regional economy,' the GSO statement said. Vietnam—a global manufacturing hub—recorded economic growth of 7.1 percent last year and is aiming for eight percent this year as it vies for 'middle-income country' status by 2030. The nation has the third-biggest trade surplus with the United States of any country after China and Mexico, and was targeted with one of the highest rates in Trump's tariff blitz. Hanoi's trade deal with Washington announced this week has negotiated levies down from an eye-watering 46 percent to a minimum 20 percent in return for opening its market to US products. However the rate is around five times more than before Trump's second term, according to Bloomberg Economics, and the pact contains a clause seeding more uncertainty about vital supply chains with China. Trump says a 40 percent tariff will hit goods passing through Vietnam to circumvent steeper trade barriers targeting their nation of origin—a practice called 'transshipping'. Washington has accused Hanoi of using the practice to gate Beijing's products to American markets, but Chinese raw materials are also the lifeblood of Vietnam's manufacturing industries. In its outlook for Vietnam published Friday, Fitch Solutions said there were upside risks to its 2025 Vietnam GDP growth forecast of 6.4 percent as exports and investments remained strong. The United States is Vietnam's largest export market, worth $70.91 billion in the first half of the year. In the first six months of 2025, Vietnam's total goods exports reached $219.83 billion, up 14.4 percent over the same period last year, the GSO said, with processed industrial goods accounting for almost 90 percent of that. The statistics office said the reorganization of the country's government apparatus last month which saw most of its provinces and cities merged had been part of its efforts towards socio-economic development.
Kuwait Times
05-07-2025
- Business
- Kuwait Times
Vietnam posts 7.5% growth in first half of 2025
HANOI: Vietnam announced on Saturday its economy grew 7.52 percent in the first half of 2025, the highest in more than a decade as exports soared. The strong growth figure comes just days after southeast Asian manufacturing hub averted the most punishing of US President Donald Trump's threatened 'reciprocal' tariffs on its exports. 'GDP in the first six months of 2025 increased by 7.52 percent over the same period last year, the highest level of the first six months in the period 2011-2025,' the General Statistics Office said in a statement. The country achieved growth of 7.96 percent in the second quarter over the same period last year, the highest Q2 reading since 2022 when it hit 8.56 percent. 'Our country's socio-economic performance in the second quarter and the first six months of 2025 achieved very positive results, approaching the set target in the context of many uncertainties in the world and regional economy,' the GSO statement said. Vietnam—a global manufacturing hub—recorded economic growth of 7.1 percent last year and is aiming for eight percent this year as it vies for 'middle-income country' status by 2030. The nation has the third-biggest trade surplus with the United States of any country after China and Mexico, and was targeted with one of the highest rates in Trump's tariff blitz. Hanoi's trade deal with Washington announced this week has negotiated levies down from an eye-watering 46 percent to a minimum 20 percent in return for opening its market to US products. However the rate is around five times more than before Trump's second term, according to Bloomberg Economics, and the pact contains a clause seeding more uncertainty about vital supply chains with China. Trump says a 40 percent tariff will hit goods passing through Vietnam to circumvent steeper trade barriers targeting their nation of origin—a practice called 'transshipping'. Washington has accused Hanoi of using the practice to gate Beijing's products to American markets, but Chinese raw materials are also the lifeblood of Vietnam's manufacturing industries. In its outlook for Vietnam published Friday, Fitch Solutions said there were upside risks to its 2025 Vietnam GDP growth forecast of 6.4 percent as exports and investments remained strong. The United States is Vietnam's largest export market, worth $70.91 billion in the first half of the year. In the first six months of 2025, Vietnam's total goods exports reached $219.83 billion, up 14.4 percent over the same period last year, the GSO said, with processed industrial goods accounting for almost 90 percent of that. The statistics office said the reorganization of the country's government apparatus last month which saw most of its provinces and cities merged had been part of its efforts towards socio-economic development. — AFP
