（原标题：今年前9月越南对外投资额增长3.5倍） 《越通社》10月8日报道，越南财政部统计局最新报告显示，2025年1至9月，越南投资者共在境外 新增投资项目134个，注册资本总额达7.093亿美元，同比增长近3倍；另有增资项目23个，增资额达 1.375亿美元。累计期内越南对外投资总额（含新批和增资）达8.468亿美元，较2024年同期增长3.5倍。 越南企业投资覆盖全球34个国家和地区。其中老挝位居首位，投资额3.972亿美元，占比46.9%；其 次为菲律宾（9200万美元，占10.9%）、印度尼西亚（6460万美元，占7.6%）、德国（5060万美元，占 6%）和美国（3330万美元，占3.9%）。 从行业分布看，电力、燃气、热水、蒸汽及空调生产与供应领域吸引投资3.415亿美元，占总投资 的40.3%；批发零售、汽车、摩托车及其他机动车维修行业投资额近1.21亿美元，占比14.3%；运输与仓 储领域投资额1.092亿美元，占比12.9%。 专家分析指出，近年来越南对外投资持续增长，反映出本土企业积极拓展海外市场的主动性不断增 强。他特别提到，部分越南企业在境外实施的项目不仅取得显著的经济社会效益，也获 ...

阿塞拜疆"Caliber"网9月12日报道,阿塞拜疆国家统计委员会数据显示， 2025年1-8月，阿GDP达830.4亿马纳特（488.5亿美元），同比增长1%。其 中，油气行业产值下降2.1%，非油气行业产值增长2.6%。各行业占GDP比重如 下：工业占34.9%，贸易及汽车修理业占10.3%，运输仓储业占7.1%，农林渔 业占6.3%，建筑业占6.3%，旅游住宿和餐饮业占2.8%，信息和通信业占 1.8%，其他行业占20.7%。 （原标题：1-8月阿塞拜疆GDP同比增长1%） ...

Group 1 - Dubai has ranked first globally in the number of greenfield investment projects for eight consecutive half-year periods since the second half of 2021 [1] - In the first half of 2025, Dubai attracted 643 greenfield investment projects, surpassing the second-ranked city by 478 projects, marking a record high since 2003 [1] - The total amount of greenfield investment in Dubai rose to 40.4 billion dirhams (approximately 11 billion USD), representing a year-on-year increase of 62% [1] Group 2 - The total number of FDI projects in Dubai increased to 1,090, reflecting a year-on-year growth of 29% [1] - Headquarters-related FDI projects in Dubai saw significant growth, rising from 20 in the first half of 2024 to 32, ranking first globally [1] - Major sources of investment in Dubai include the United States (35%), the United Kingdom (10.6%), France (8.9%), India (8.9%), and Saudi Arabia (5.2%) [1] Group 3 - The primary sectors attracting investment in Dubai are business services (30.6%), hotel and tourism (21.3%), transportation and storage (7.2%), consumer goods (6.6%), and real estate (6.3%) [1]

Group 1 - The Business Sentiment Index (BSI) for South Korean companies is reported at 93.2 for September, indicating a pessimistic outlook as it remains below the baseline of 100 since April 2022, marking a record low [1] - The manufacturing sector's BSI is at 92.6, while the non-manufacturing sector is slightly better at 93.8, with several industries, including non-metallic materials and metal products, expected to remain sluggish [1] - The semiconductor industry has seen a significant decline, with the BSI for the "Electronics and Communication Equipment" sector dropping from 111.1 to 94.7, a decrease of 16.4 points [1] Group 2 - In the non-manufacturing sector, industries such as electricity, gas, and water (73.7), construction (83.7), and transportation and storage (95.5) are expected to continue underperforming [2] - Key economic indicators such as investment (90.6), domestic demand (91.7), and employment (93.2) are all in a low state, with the inventory index exceeding 100, indicating an oversupply [2] - A report from the Korea Chamber of Commerce highlights that 33.9% of companies cite "difficulties in financing" as their primary operational challenge, followed by tax rates (20.9%) and labor regulations (15.8%) [2] Group 3 - The decline in new business establishments in South Korea is attributed to weak consumer demand, poor restaurant industry performance, and a sluggish construction sector, with the accommodation and food services sector seeing a 14.7% year-on-year decrease [3] - The real estate sector has also experienced a 12.8% decline, while wholesale and retail sectors have contracted by 8.1% [3] - Conversely, the financial and insurance sectors have seen a 21.9% increase in new establishments, and professional and technical services have experienced a slight growth of 1.7% [3]

Economic Growth - Morocco's economy is projected to grow by 3.8% in 2024, slightly higher than the 3.7% growth in 2023, driven mainly by domestic demand while facing inflation and increased financing needs [1] - The GDP growth at current prices is expected to be 7.9% in 2024, down from 11% in 2023, indicating a reduction in inflationary pressures [1] Sector Performance - The primary sector is underperforming, with an overall value added decline of 4.5%, agricultural output shrinking by 4.8%, and fisheries growth slowing from 6.9% in 2023 to 2.6% in 2024 [1] - The secondary sector shows strong growth, with value added increasing by 4.2% in 2024 compared to only 0.8% in 2023, driven by mining (+13%), construction (+5%), manufacturing (+3.3%), and utilities (+2.6%) [1] - The tertiary sector remains active but experiences a slight slowdown, with growth rates decreasing from 5% in 2023 to 4.6% in 2024, although sectors like transportation and storage (+7.4%) and financial services (+7.3%) are accelerating [1] Income and Savings - National disposable income is expected to grow by 7.7% in 2024, down from 10.2% in 2023, while the national savings rate rises to 28.9% of GDP, compared to 28% in 2023 [2] - The investment rate is projected to be 30.1% of GDP in 2024, up from 29% in 2023, leading to an increase in the financing gap from 1% of GDP to 1.2% [2]

Employment Data - In May, non-farm employment increased by 139,000, exceeding market expectations of 126,000, despite a downward revision of 95,000 in the previous two months[5] - The unemployment rate slightly rose to 4.24% in April, up from 4.19% in March, marking a near three-year high[5] - The labor force participation rate decreased from 62.6% to 62.4%[5] Federal Reserve Outlook - The probability of a rate cut in July dropped significantly to 16.7% following the employment data release[1] - The Federal Reserve is expected to maintain interest rates steady in June and July, with potential cuts in September and either November or December[2] - Market expectations for policy rates have shifted closer to the Federal Reserve's stance rather than the White House's position[2] Sector Performance - Service sector employment rose from 132,000 to 145,000, indicating resilience in this area, while goods-producing jobs fell from an increase of 11,000 to a decrease of 5,000[5] - Average hourly earnings saw a month-on-month increase of 0.42%, maintaining a year-on-year growth rate of 3.9%[5] - Job openings to unemployed persons ratio remains at 1, below the 2019 level, indicating a balanced labor market[5]

Overall Economic Activity - Economic activity in the U.S. is generally experiencing a slight to moderate decline, with half of the regions reporting a downturn, while three regions are stable and three show slight growth [2][3] - Manufacturing activity is broadly contracting, and consumer spending is mixed, with retail and dining sectors showing weakness, although some categories like automobiles are seeing increased demand due to tariff expectations [2][3] - The housing market is sluggish, with new home construction slowing down and existing home sales remaining flat, while inventory pressures are rising [2][3] Labor Market - Employment conditions are relatively stable, with most regions reporting flat employment rates, although some sectors like manufacturing and construction are seeing layoffs or hiring freezes [4] - Wage growth is moderate, with over 70% of businesses adopting a cautious approach to future hiring, and many have prepared for potential layoffs [4][11] - Job openings have unexpectedly increased, but the number of voluntary resignations has dropped significantly, indicating weakened confidence in the job market [11][12] Inflation and Pricing - Prices have been rising at a moderate pace, with tariffs exerting upward pressure on costs and prices, leading manufacturers to raise prices or reduce profits [5][6] - The real estate market remains stable, but new construction activities are either flat or slowing down due to uncertainty and high costs [6] - Service industries are facing limitations in pricing power, with some businesses delaying price adjustments to maintain demand [5][6] Regional Economic Highlights - Boston reports slight declines in consumption and housing prices, with businesses delaying hiring due to tariffs [7] - Atlanta sees growth in the energy sector, particularly LNG exports, while manufacturing is noticeably declining [8] - San Francisco's technology and financial services remain stable, but retail is shrinking, and the agricultural and real estate markets are softening [9] Policy and Economic Outlook - The intertwining of tariff disputes and interest rate cut expectations is creating a dual challenge for the U.S. economy, with markets anticipating at least two rate cuts within the year [14][15] - Recent data has led to increased speculation about the Federal Reserve's potential rate cuts, with a significant probability now assigned to cuts occurring in September or earlier [14] - The uncertainty surrounding tariffs and geopolitical risks continues to weigh on economic outlooks, with many regions maintaining a cautious stance [9][10]

Core Viewpoint - The ISM reported a decline in the US non-manufacturing PMI to 49.9, marking the lowest level since June 2024, indicating a contraction in the service sector [1][3] Group 1: Economic Indicators - The new orders index plummeted by 5.9 points to 46.4, the largest drop in nearly a year [3] - The business activity index fell by 3.7 points to 50, the lowest in five years [3] - The payment prices index surged to 68.7, the highest since November 2022 [3] Group 2: Sector Performance - The accommodation and food services sector was one of the few growth highlights, while eight other service sectors, including retail, construction, and transportation, experienced contraction [3] - Backlogs of orders decreased to the lowest level since August 2023 [3] Group 3: Employment and Supply Chain - The employment index increased by 1.7 points to 50.7, indicating nearly stagnant hiring [3][6] - The supplier delivery index rose, suggesting longer delivery times as companies adjust their supply chains [5] Group 4: Trade and Policy Impact - Both the export and import indices showed contraction, reflecting the impact of fluctuating trade policies from the Trump administration [4]

Group 1 - The April non-farm payroll report in the U.S. shows a mixed labor market picture, with 177,000 jobs added, exceeding the expected 130,000, but with a downward revision of 58,000 jobs in the previous two months [1] - The unemployment rate remains steady at 4.2%, while the annual wage growth is at 3.8%, which is below expectations [1] - The healthcare (+64,000), transportation and warehousing (+29,000), and financial activities (+15,000) sectors are the main contributors to job growth, while manufacturing continues to lose jobs [1] Group 2 - Average hourly earnings increased by 0.2% month-over-month, which is below the expected 0.3%, but the year-over-year growth of 3.8% outpaces the current inflation rate of 3.5%, indicating real income growth [2] - The Federal Reserve is expected to maintain interest rates in May, but traders have adjusted expectations for four rate cuts within the year [2] - The labor force participation rate slightly increased to 62.6%, with the participation rate for the core working age group (25-54 years) reaching a seven-month high, indicating more potential workers returning to the market [2]

Core Viewpoint - The April non-farm payroll data indicates a slight decline in employment growth, with potential implications for the overall labor market stability and economic outlook [1][3][17]. Group 1: Employment Data - In April, the non-farm employment increased by 177,000, showing a slight decrease compared to the previous month [3]. - The combined downward revision of 58,000 jobs for February and March suggests a cooling trend in the job market [3]. - The three-month moving average of non-farm employment indicates a downward trend, pointing to a continued softening in the employment market [3]. Group 2: Sector Performance - Job growth in April was primarily concentrated in the education and healthcare sectors (70,000), transportation and warehousing (29,000), and leisure and hospitality (24,000) [5]. - Retail and leisure hotel sectors experienced the most significant declines, with reductions of 24,000 and 14,000 jobs, respectively [5]. Group 3: Unemployment Rate - The unemployment rate remained stable at 4.2% in April, with a slight increase in the labor force participation rate by 0.1 percentage points [7]. - The U6 unemployment rate decreased by 0.1 percentage points to 7.8%, indicating a stable employment market [7]. Group 4: Labor Market Dynamics - The number of job vacancies decreased to 7.19 million in March, with a vacancy rate of 4.3%, the lowest in nearly six months [9]. - The labor supply-demand gap recorded 110,000, indicating a return to pre-pandemic levels and suggesting a balance in the labor market [9]. Group 5: Wage Growth - Average hourly earnings growth in April showed a slight month-over-month decrease to 0.2%, while year-over-year growth remained steady at 3.8% [10]. - The highest year-over-year wage growth was observed in the retail and business services sectors, at 4.5% and 4.4%, respectively [12]. - Real wage growth, adjusted for inflation, increased to 1.4% in March, reflecting a steady increase in wage income [15]. Group 6: Economic Outlook - Following the release of the non-farm data, market expectations for Federal Reserve interest rate cuts have been slightly adjusted to 3.5 times for the year, indicating a moderation in economic risk concerns [17]. - Despite the stable employment data, the impact of government layoffs and ongoing economic policy uncertainties may continue to dampen hiring prospects [17].