GDP

Update news GDP

The Ministry of Planning and Investment (MPI) has predicted that the GDP would grow by 5.96 percent, a 7-year low.

2019-nCoV impacts on economies of Vietnam and China

The service sectors of China as well as of Vietnam—including transport, accommodation, tourism, retail, hospitality and entertainment—will be hardest hit by the 2019-nCoV outbreak.

Money oversupply increases core inflation

Keeping the inflation rate at 4 percent in 2020 will be a challenging task, not only because of the pork price escalation, but also money excess.

Two scenarios for Vietnam’s economic growth

If the nCoV epidemic lasts a long time, the GDP is expected to decrease.

VN’s GDP growth to reach 6.25 percent if COVID-19 outbreak is contained in Q1

Vietnam’s gross domestic product (GDP) growth is expected to reach 6.25 percent in 2020 if the outbreak of coronavirus disease (COVID-19) is contained within the first quarter of this year, according to the Ministry of Planning and Investment.

Property market in 2020 may heat up thanks to new policies

Many new policies will take effect in 2020 which aim to warm up the housing market segment for those with real accommodation demand.

How will the coronavirus affect Vietnam’s economy?

Bao Viet Securities (BVSC) predicted that the GDP would grow by 6.5 percent in Q1 2010, or 0.2-0.4 percent lower than the same period last year. The growth will recover in Q2.

An insight into 2019 foreign trade

The achievements in Vietnam’s foreign trade in 2019 are definitely clear. However, to gain better results, it needs an insightful look into these achievements.

PM approves Vietnam national strategy for financial inclusion until 2025

By the end of 2025, Vietnam targets to have at least 80% of adults in the country to have bank accounts and the number of non-cash transactions to expand 20 – 25% annually.

Vietnam's 7.02% GDP growth rate: joys and worries

Vietnam gained a high GDP growth rate of 7.02 percent in 2019. However, many problems still exist.

Rising above headwinds to growth

Vietnam has produced significant economic achievements that have simultaneously strengthened the country’s international status. 

State urged to remove barriers to pave way for private sector

Over the last 10 years, Vietnam’s private enterprises have not developed t their great potential.

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%.

RCEP expected to be signed in Vietnam this year

Countries involved in the Regional Comprehensive Economic Partnership (RCEP) have begun a legal review aimed at signing the trade pact this year in Vietnam, said Deputy PM and Foreign Minister Pham Binh Minh.

Which industries will prosper in 2020?

The experts attending the Vietnam Investment Professionals Forum (VIPF) all predicted that the picture of the Vietnamese stock market would be bright in 2020 with the VN Index likely to exceed 1,200 points.

Real estate market awaits new legal documents

Nguyen Tran Nam, chair of the Vietnam Real Estate Association, said the real estate market shows an increasingly important role in the national economy. However, the majority of real estate firms still have small scale and heavily rely on bank loans.

Vietnam’s Macroeconomic Report-Fourth Quarter 2019 unveiled

The Vietnam Institute for Economic and Policy Research and the Konrad Adenauer Stiftung today unveiled the Fourth Quarter Update and 2019 Review - Independent Assessment of Vietnam’s Macroeconomic Performance.

Air pollution costs Vietnam at least $10.8 billion each year

Vietnam suffers around 10.8 – 13.2 billion USD worth of economic losses associated with ambient air pollution each year, equivalent to 4.45 – 5.64 percent of the country’s GDP, heard a discussion in Hanoi on January 14.

Vietnam’s exports set to gain momentum from FTAs

As an array of new-generation Free Trade Agreements (FTA) start to take effect in early this year, Vietnam’s export commodities can enjoy competitive advantages as a result of the removal of tariff barriers.

Vietnam's GDP growth forecast robust for 2020

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