Economy

Latest News about Economy

Vietnam’s economy to expand 6.25% if coronavirus outbreak ends in Q1icon
BUSINESS15/02/20200

Vietnam’s economy to expand 6.25% if coronavirus outbreak ends in Q1

Vietnam’s GDP growth is expected to reach 6.25% this year if the outbreak of Covid-19 is contained within the first quarter, according to the Ministry of Planning and Investment.

 
VN top legislator meets with Belarusian Prime Ministericon

VN top legislator meets with Belarusian Prime Minister

POLITICS
15/12/2019

Chairwoman of the National Assembly Nguyen Thi Kim Ngan met with Belarusian Prime Minister Sergey Nikolayevich Rumas on December 13 as part of her ongoing official visit to the European country.

Vietnam 2017 GDP expands US$56 billion after revisionicon

Vietnam 2017 GDP expands US$56 billion after revision

BUSINESS
14/12/2019

After revision, Vietnam’s GDP grew an average of 25.4% annually in the 2010 – 2017 period, in which 2011 recorded the highest growth rate of 27.3%.

Top legislator meets with Belarusian Prime Ministericon

Top legislator meets with Belarusian Prime Minister

POLITICS
14/12/2019

Chairwoman of the National Assembly Nguyen Thi Kim Ngan met with Belarusian Prime Minister Sergey Nikolayevich Rumas on December 13 as part of her ongoing official visit to the European country.

Efficient resource utilization may help Vietnam GDP grow 9-10%icon

Efficient resource utilization may help Vietnam GDP grow 9-10%

BUSINESS
04/12/2019

The public capital must be allocated based on market principles, said an expert.

E-commerce expected to boom in Vietnamicon

E-commerce expected to boom in Vietnam

VIDEO
07/11/2019

With a total market value of 4 billion USD back in 2015, e-commerce in Vietnam rose drastically to 7.8 billion USD in value in 2018, and is expected to continue on an upward trend.

International developers eye Hanoi retail market: JLLicon

International developers eye Hanoi retail market: JLL

BUSINESS
25/10/2019

JLL believed that the good sentiment will bring new experiences to customers.

Vietnam projected to be among world’s top 10 remittance recipients in 2019icon

Vietnam projected to be among world’s top 10 remittance recipients in 2019

BUSINESS
24/10/2019

Remittances, along with foreign direct and indirect investment, and official development assistance are major sources of Vietnam’s foreign currency supply.

Vietnam slips further in WB’s Doing Business 2020 ranking despite scoring highericon

Vietnam slips further in WB’s Doing Business 2020 ranking despite scoring higher

BUSINESS
24/10/2019

Vietnam has made significant improvements in getting credit and paying taxes, resulting in increases of 5 and 6.1 points against last year’s results.

Vietnam to hit 2019 growth target earlyicon

Vietnam to hit 2019 growth target early

VIDEO
10/10/2019

Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.

Circular economy deemed optimal solution for Vietnam towards green economyicon

Circular economy deemed optimal solution for Vietnam towards green economy

BUSINESS
08/10/2019

The Vietnamese government has taken actions to tap the US$4.5-trillion market potential generated by circular economy, said an expert.

Vietnam’s banks urged to maintain CASA ratio to control funding costsicon

Vietnam’s banks urged to maintain CASA ratio to control funding costs

BUSINESS
07/10/2019

While the expansion of asset yields becomes more limited as the transition towards retail lending slows down and competition intensifies, the control of funding costs serves as a driver of interest income growth.

From everyday use to fine articon

From everyday use to fine art

ENTERTAINMENT & SPORTS
05/10/2019

Hundreds of fine art works designed to be used in daily life such as interior decor and fashion are on display at an exhibition in Hanoi.

Vietnam steps up fight against dollarizationicon

Vietnam steps up fight against dollarization

BUSINESS
05/10/2019

The stability of the VND has contributed to decreasing demand for the dollar as people prefer the national currency due to the large spread between interest rates on VND and the dollar.

Properly managing relationship with US crucial for Vietnam: Moody’sicon

Properly managing relationship with US crucial for Vietnam: Moody’s

BUSINESS
04/10/2019

Fading external demand and a weaker global outlook serve as the primary concerns for Vietnam’s export-reliant economy.

FMCG keeps growth momentum in Vietnam’s rural areasicon

FMCG keeps growth momentum in Vietnam’s rural areas

BUSINESS
04/10/2019

Emerging channels contribute two thirds of total incremental spending come from these channels.

4 major trends of Vietnam’s distribution and retail channelsicon

4 major trends of Vietnam’s distribution and retail channels

BUSINESS
04/10/2019

With a population of nearly 100 million, the country’s final consumption expenditure has been maintaining at a high rate of over 70% annually, indicating huge potential remains for the market.

Vietnam trade ministry rejects rumors on selling Sabeco shares to Chineseicon

Vietnam trade ministry rejects rumors on selling Sabeco shares to Chinese

BUSINESS
03/10/2019

To date, Saigon Beer Alcohol Beverage Corp (Sabeco) only has two major shareholders, including Vietnam Beverage with a 53.59% stake and the Ministry of Industry and Trade being state capital representative at the brewer with 36%.