GDP growth rate

Update news GDP growth rate

VietNamNet Bridge - Analysts from SSI (Saigon Securities Incorporated) believe that Vietnam may have 30 businesses with capitalization value of over $1 billion by 2018.

Economists, gov't differ on whether GDP growth rate is attainable

VietNamNet Bridge - The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.

Vietnam's economy less dependent on cheap labor force

Labor-intensive industries such as mining and agriculture are no longer expanding, according to Nguyen Duc Thanh, Director of the Vietnam Institute for Economic and Policy Research (VEPR).

Vietnam among fastest-growing economies in Asia in 2017: economists

VietNamNet Bridge - Though skeptical about the 6.7 percent GDP growth rate target, economists still believe Vietnam will be among Asia's fastest growing economies.

Vietnam to reduce natural resource exploitation for sustainable development

VietNamNet Bridge - Vietnam has maintained economic growth despite the reduction in mining natural resources, but it must begin to reduce exploitation as resources are running out, experts say.

Will a focus on consumption serve as the economic springboard for Vietnam?

VietNamNet Bridge - Economists have urged the government to reconsider the role of consumption and select it as the springboard to promote economic growth in the future.

How has the ‘new tiger’ Vietnam fared in the AEC?

VietNamNet Bridge - It is still too early to say how the ASEAN Economic Community (AEC) has affected Vietnam's economy. In the last eight months, since the AEC took shape, Vietnam has encountered many difficulties.

Vietnam's agricultural production growth slows

VietNamNet Bridge - There have been signs of an agricultural growth slowdown in recent years, which experts warned about eight years ago. 

Is 6.7 percent GDP growth rate a must for Vietnam in 2016?

VietNamNet Bridge - Two more international institutions have lowered their predicted GDP growth rate for Vietnam in 2016, showing less optimism about Vietnam’s economy. However, analysts say a lower GDP growth rate won’t be a concern. 

Vietnam spends more than it can earn

While total receipts of the state in the first four months of the year were VND317 trillion, total expenses reached VND370 trillion. The Ministry of Finance’s April report released on May 9 once again showed that the state budget is limited.

Trillion-dong takeover deals heat up Hanoi real estate market

Many incapable investors had to give up their projects as they could not survive the frozen market of the last few years. Now is the right time for financially powerful investors to take over these projects at reasonable prices.

How much is Tan Hiep Phat worth?

VietNamNet Bridge - The Vietnamese business community thinks the value of tea and energy-drink manufacturer Tan Hiep Phat has decreased to $500 million due to the infamous fly-in-the-bottle scandal.

Executive agencies urged to crack down on polluters

Vietnam has a good legal framework concerning environment pollution, but the environment remains polluted, and forests have been devastated and rivers poisoned with untreated waste water. 

Aircraft maintenance center: Russia chooses Thailand, not Vietnam

VietNamNet Bridge - Vietnam is capable of meeting the requirements to establish an aircraft maintenance center, but it has not put forward the idea. 

6.7% GDP growth rate goal may be unattainable: economists

VietNamNet Bridge - Many unfavorable conditions may make the 6.7 percent GDP growth rate target in 2016 unattainable, economists say. 

Most Vietnamese think they belong to ‘middle class’

VietNamNet Bridge - Only 50 percent of Vietnamese population can be listed as ‘middle class’ if considering their real annual incomes. However, 96 percent of Vietnamese think they belong to the middle class.

Oil price reduction affects everyone in economy

The oil price reduction has had a big impact on everyone, from farmers, who are busy working on the rice fields and don’t care about what happens in the US or the Middle East, to stock investors who hold large amounts of oil & gas firms’ shares.

Vietnam economic performance praised by international institutions

VietNamNet Bridge - International institutions agree that Vietnam’s economy is recovering strongly while seeing a bright outlook for its continued growth.

Vietnam moves up WB ranking

Vietnam has risen by three places on the World Bank’s business environment ranking, reflecting its efforts to create a business-friendly climate.

Economic growth improves but private sector still sluggish

VietNamNet Bridge - Reports released by domestic and foreign institutions have all affirmed that Vietnam’s economy is recovering. But no one can explain the worrying decline of domestic private enterprises.