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GSO leader hails 2020 as year of success in inflation controlicon
BUSINESS27/12/20200

GSO leader hails 2020 as year of success in inflation control

Director General of the General Statistics Office (GSO) Nguyen Thi Huong has stressed that 2020 is considered a year of success in inflation control.

 
Pandemic weighs on budgeticon

Pandemic weighs on budget

BUSINESS
08/11/2020

The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.

Virtual and real metricsicon

Virtual and real metrics

BUSINESS
25/10/2020

The Ministry of Planning and Investment has proposed adding some indexes not yet stated in the statutory economic criteria, such as per capita gross domestic product (GDP), contribution of TFP to growth and labor productivity.

Salary increases in 2020 lowest in 10 years: surveyicon

Salary increases in 2020 lowest in 10 years: survey

BUSINESS
16/10/2020

Salaries increased by 6.5% this year at multinational companies (MNCs) and 5.2% at Vietnamese companies, and are forecast to increase by 7 per cent and 7.7% next year, according to the Talentnet – Mercer Total Remuneration Survey.

The last quarter’s momentumicon

The last quarter’s momentum

BUSINESS
11/10/2020

If the Covid-19 pandemic will continue to be well put under control as it is now, Vietnam’s GDP growth in the fourth quarter is likely to be higher than the first three quarters.

Vietnam: the rare economy that still grew during Covid-19 pandemicicon

Vietnam: the rare economy that still grew during Covid-19 pandemic

BUSINESS
03/10/2020

Vietnam’s GDP grew by 2.12 percent in the first nine months of the year compared with the same period last year, the lowest growth rate since 2011, according to the General Statistics Offic.

Vietnam targets 6.5% GDP 2021 growthicon

Vietnam targets 6.5% GDP 2021 growth

BUSINESS
20/09/2020

The Ministry of Planning and Investment (MPI) has been asked to meet the goal of 6-6.5% GDP growth in 2021.

If COVID-19 is contained soon, Vietnam's GDP may grow 3.5-4% this year: economisticon

If COVID-19 is contained soon, Vietnam's GDP may grow 3.5-4% this year: economist

BUSINESS
21/08/2020

Truong Van Phuoc, a respected economist, is optimistic about Vietnam’s growth, though some analysts warned about a negative growth rate after the new Covid-19 outbreak was discovered in Da Nang.

Vietnamese big firms adjust business plans because of Covid-19icon

Vietnamese big firms adjust business plans because of Covid-19

BUSINESS
15/06/2020

Under pressure from investors, annual business plans are rarely changed at large enterprises. But things may be different this year.

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

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

BUSINESS
07/05/2020

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.

Money oversupply increases core inflationicon

Money oversupply increases core inflation

BUSINESS
16/02/2020

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.

Economic think tanks praise Vietnam’s responsive tacticsicon

Economic think tanks praise Vietnam’s responsive tactics

BUSINESS
26/01/2020

Vietnam has made solid efforts to be more enabling and responsive to businesses that form a firm pillar for strong economic growth. 

The challenges for Vietnam’s economy in 2020icon

The challenges for Vietnam’s economy in 2020

BUSINESS
19/01/2020

Many problems arose in the last months of 2019, which sparked the worry that 2020 would be a tough year for Vietnam’s economy.

Inflation in 2020: many unknownsicon

Inflation in 2020: many unknowns

BUSINESS
16/01/2020

The average inflation rate in 2019 was low at 2.79 percent. However, the inflation rate in December 2019 reached 5.23 percent compared with December 2018, and this is worrying.

Private sector must drive economy: academicicon

Private sector must drive economy: academic

BUSINESS
16/01/2020

Associate Professor Dinh Trong Thinh of Academy of Finance talks about the important role of the private sector in the national economy.

Vietnam did well in 2019, but it can do better in 2020icon

Vietnam did well in 2019, but it can do better in 2020

BUSINESS
10/01/2020

Vietnam’s exports still heavily relied on foreign invested enterprises (FIEs), while foreign direct investment (FDI) did not have positive influences to the other economic sectors of the economy.

Vietnam may see negative impact from trade war in 2020: economistsicon

Vietnam may see negative impact from trade war in 2020: economists

BUSINESS
09/12/2019

“We think that in 2020-2022, Vietnam may face negative impact from the trade war instead of short-term positive impact, ” said Tran Toan Thang from the Centre for Socio-Economic Information and Forecast (NCIF).

How long will Vietnam stay in the top 20 in economic growth?icon

How long will Vietnam stay in the top 20 in economic growth?

BUSINESS
09/12/2019

Vietnam could drop out of the Top 20 economies of global growth. Is this because Vietnam is going more slowly or the world is going faster?