Update news growth
The Vietnamese government would continue to put up efforts in revising and improving regulatory framework in order to accommodate fast changes in the field of technology.
Hanoi authorities have prepared scenarios to promote socioeconomic development after the COVID-19 pandemic is brought under control.
Vietnam’s prospects for growth remain positive despite record pessimism among chief executive officers (CEOs) about the global economy, said PricewaterhouseCoopers (PwC) Vietnam in a statement.
HCM City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle.
SeABank (Vietnam) has just announced its 2019 business results with net profit of VND1,390.69 billion, an increase of VND768.26 billion or 123.4% compared to 2018, ROE at 12.03%. This is the highest growth rate ever of SeABank.
A slowdown in export growth of the foreign-invested sector could have a negative impact on Vietnam’s economy in 2020, according to SSI Securities Corporation, Vietnam’s largest brokerage house.
The State Bank of Vietnam’s latest move to reduce interest rates comes after other central banks around the globe have started easing to combat spreading weaknesses, but experts are warning that such decisions may not yield the desired effects.
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
The Ministry of Industry and Trade would not adjust its import and export goals despite current difficulties.
VietNamNet Bridge – The growth of Vietnam's stock in 2013 was over 20 percent, while that of other Southeast Asian countries declined or increased only 3-10 percent.
The International Air Transport Association (IATA) believes that Vietnam would be the third fastest growing market in terms of international passenger and cargo transport and the second fastest in domestic passenger transport.