Update news GDP

Dr Vu Minh Khuong from Lee Kuan Yew School of Public Policy in Singapore thinks that large economic groups such as Vingroup should develop industrial zones (IZs), not only for Vietnam, but also for Southeast Asia.

Two scenarios for Vietnam's economic recovery

Vietnam has to be very cautious when choosing and implementing a plan to reactivate the economy.

Domestic market could be engine for Vietnamese enterprises' growth

If enterprises can exploit the domestic market well, they will be able to overcome the Covid-19 crisis, analysts say.

Revised Vietnam's GDP goals to buttress growth

The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target, 

Vietnamese businesses ‘swim against the stream’ to seek profit

While many businesses have had to take big losses because of Covid-19, other businesses have reported profits with 2-digit growth rates.

Vietnam ready for swift actions to boost economy

The ongoing health crisis has been taking a heavy toll on the Vietnamese economy.

WB: EVFTA could lift Vietnam’s exports by 12 percent by 2030

The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.

Debt guarantee: light at the end of tunnel for Vietnamese SMEs

Some experts believe that the government needs to come forward and provide a guarantee for SMEs (small and medium enterprises) to access bank debts.

It may take one year to recover VN economy: experts

A low GDP growth rate is unavoidable in 2020 as the economy has been seriously affected by Covid-19.

Vietnam economy accelerates to get back to normal state

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

Greenback cools, pressure on VND/USD exchange rate eases

As the dollar price has decreased in the international market, the official exchange rate announced by the State Bank of Vietnam (SBV) and dollar market price have also decreased slightly.

Vietnam's GDP growth to decline because of COVID-19

VinaCapital has predicted a 3 percent GDP growth rate reduction because of Covid-19, while Fitch has projected a modest growth rate of 3.3 percent, and ADB 4.8 percent.

VN businesses switch from ‘standby’ to ‘run’ mode to earn money

Unable to wait for the pandemic to end and seeing revenue drop to zero, businesses have been trying every method to earn money in the Covid-19 crisis.

Vietnam’s businesses warned of being acquired by foreigners

Many businesses will struggle if the pandemic lasts a long time, leaving them vulnerable to foreign takeovers, experts say.

How will Vietnam’s economy perform in the time to come?

As some business fields are stagnant and the government’s shock relief plans need more time to bring benefits, the picture of the national economy is expected to be darker in Q2 than in Q1.

Unable to earn money, investors put hotels up for sale

The owners of small and 3-4-star hotels, valued at tens or hundreds of billion of dong, have suffered the most from COVID-19.

How can Vietnam protect the economy while maintaining public health during the pandemic?

The major goal, according to Vu Thanh Tu Anh from the Fulbright School of Public Policy and Management, is preserving people's lives and businesses in order to quickly recover after the epidemic.

VN businesses resume operation cautiously, step by step

Businesses in the aviation and tourism sectors believe that stimulating domestic demand is the first thing that needs to be done in the immediate time.

Online shopping: no boom in first quarter as expected

Three out of four of the largest e-commerce sites saw the numbers of visits decreasing in Q1, a time when experts predicted would see a boom as the COVID-19 epidemic reached its peak.

Harnessing further FDI to Vietnam

Since national reunification in 1975, Vietnam’s economy has grown from strength to strength. Senior economist Nguyen Mai writes about how the economy has developed in that time, with foreign direct investment serving as one of the key driving forces.