gdp growth

Update news gdp growth

The Government has issued a resolution on the overall socio-economic recovery programme worth VND350 trillion (US$15 billion) which was approved by the National Assembly a couple of weeks ago.

WB official optimistic about Vietnam's 2022 GDP growth prospect

Vietnam's target of bringing its GDP growth to 6-6.5% in 2022 is entirely possible if it can effectively control the COVID-19, and improve the supply – demand balance, an official of the World Bank (WB) has said.

Investment in real estate market still the choice of investors next year: expert

With an average gross domestic product (GDP) growth rate of 6-7%, Vietnam is being evaluated as an ideal destination for investment, compared to other countries in the region, particularly in the field of the real estate market.

Will Vietnam face a recession?

After crises in the past, Vietnam’s economic growth became sluggish and it took many years to achieve full recovery. Economists have warned that this may occur again in the post-Covid period.

Vietnam: Economic growth pace accelerates in 2Q

Vietnam’s economic growth accelerated to 6.61% y/y in 2Q21, extending from an upwardly revised gain of 4.65% y/y in 1Q21. 

2021 economic outlook remains positive despite COVID-19 resurgence

Data shows that industrial production index in the first five months of the year advanced 9.9 percent year-on-year, with manufacturing and processing up 12.6 percent.

VN the only country to have its outlook improved by three credit rating agencies

The S&P Global Ratings announced late last week it had retained Vietnam’s sovereign credit rating and improved its economic outlook to "positive" from "stable".

Economy remains on upward track

In defiance of the health crisis hurting the domestic economy, Vietnam has earned international optimitism for its growth outlook on the back of the country’s good control of COVID-19 leading to impressively positive growth last year.

Vietnam sees once-in-a-generation opportunity: Nikkei newspaper

Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled.

Resilience helps Vietnam overcome year of COVID-19

Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.

Vietnam to be among top growth performers again in 2021: HSBC

Vietnam posted the fastest growth in Asia in 2020 and will once again be among the most outstanding performers in the region this year, according to the Hong Kong Shanghai Banking Corporation (HSBC).

Vietnam sets high GDP target in 2021 to make breakthroughs

Pressure from high GDP target in 2021 is expected to help the Vietnamese government to create breakthroughs for growth in subsequent years.

Vietnam among 10 nations with highest GDP growth in 2020: Top leader

Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.

ADB raises Vietnamese GDP growth forecast to 2.3% this year

Experts from the Asian Development Bank (ADB) have revised up the nation’s GDP growth forecasts from 1.8% to 2.3% this year following the acceleration of public investment, 

Gov’t commits to gaining 2.5%-GDP growth target

While Vietnam continues to pursue the dual target of containing the pandemic and boosting economic recovery, protecting people’s lives remain the government’s utmost priority, Prime Minister Nguyen Xuan Phuc has said.

Vietnam makes all-out efforts to boost public investment disbursement

Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.

IMF trims Vietnam GDP growth forecast to 1.6% in 2020

The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021.

Vietnam GDP growth forecast in 2020 remains highest in Asia: IMF

The International Monetary Fund (IMF) maintains its forecast for Vietnam’s GDP growth at 2.7% in 2020, the highest in Asia, and the pace is expected to speed up to 7% in 2021.

 

Vietnam warned of troublemaking transshipment from China, S.Korea to US

Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs.

ADB trims Vietnam's 2020 GDP growth forecast to 4.1% on Covid-19

The country would remain the fastest growing economy in Southeast Asia, which is expected to bounce back to 6.8% in 2021.