economic growth

Update news economic growth

Mobile money to add up 0.5 ppts to Vietnam economic growth

Over 50% of the Vietnamese population does not have a payment account at banks, therefore, mobile money would offer a non-cash payment method for a large base of customers.

Experts claim coronavirus plaguesVN economic growth

VOV.VN - The coronavirus epidemic has been spoiling the country’s growth story amid global industrial slowdown, experts have warned.

Vietnam reaches for prosperity

General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong shares his thoughts with the Vietnam News Agency on the efforts the Party and Vietnamese people have made to bring the country to where it is today.

Better legal framework needed to fuel economic growth: VEPR

Building a transparent legal framework; improving business climate; adopting flexible policies on imports, exports and foreign exchange rates; protecting environment will be needed to achieve economic growth target of 6.8%.

Vietnam's GDP growth forecast robust for 2020

Vietnam would look to maintain economic growth of 6.76 per cent this year.

Vietnam’s economy is expected to maintain good growth in 2020

Vietnam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country's economic prospects this year as well as opportunities and challenges facing the country.

Vietnam manufacturing, processing industry drives economic growth

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 per cent over the previous year.

Retail sales in Vietnam hit four-year high

Retail sales of goods and services in Vietnam reached VND4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).

Ensuring distribution of economic growth in an equal and harmonious way

The Party and the State have always confirmed: economic growth must be conducted in parallel with social progress and justice in the development process, meeting the needs of human life and human development goals.

 

ADB trims growth forecasts as Asia's biggest economies slow

The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth inChina and India is weighed down by both external and domestic factors.

 

Vietnam - bright spot in FDI attraction in ASEAN

News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.

Vietnam’s economic outlook positive in medium term: WB

The medium-term outlook for the Vietnamese economy is broadly positive despite persistent downside risks, the World Bank (WB) said in its East Asia and Pacific Economic Update released on October 10.

IMF forecasts Vietnam’s economy to grow by 6.5 percent in 2019

The International Monetary Fund (IMF) on July 16 said Vietnam’s economic growth is projected to slow to 6.5 percent in 2019 from a 10-year high of 7.1 percent in 2018, reflecting weakening external conditions.

Economists: Vietnamese economy could grow by 6.86 pct in 2019

Economists have forecast that the Vietnamese economy could grow by 6.86 percent this year, higher than the 6.6 – 6.8 percent set by the National Assembly.

Climate-smart agriculture key to the economic growth

 VietNamNet Bridge – The adoption of climate-smart agriculture (CSA) will improve the productivity and quality of agriculture, increase farmers’ incomes and reduce their vulnerability to adverse climatic phenomena, 

VN loses almost 0.97% of GDP on tobacco

Viet Nam loses more than VND24.6 trillion per year on tobacco, accounting for almost 0.97 per cent of its Gross Domestic Product, 

Energy, bank stocks lead Wall Street higher

 Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.

Committee set to operate SOEs as a business

 VietNamNet Bridge – The Government has approved a plan to establish a special committee, which will operate like a business, to manage capital at State-owned enterprises (SOEs).

Vietnam a global bright spot in 2015

 VietNamNet Bridge – Viet Nam's economic growth has continued to firm up in 2015 with gross domestic product (GDP) forecast to expand 6.3 per cent in the first half of this year,

VN gets kudos for 40-year success story

 VietNamNet Bridge – Viet Nam has achieved significant economic growth in the 40 years since the liberation of the south in 1975, according to reports from international institutions like the United Nations, the World Bank,