Vietnamese economy

Update news Vietnamese economy

With a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire.

Two updated scenarios put forward for Vietnamese economy until year’s end

The Central Institute for Economic Management (CIEM) has revised two scenarios for the Vietnamese economy by the end of the year, with the GDP rate forecast to expand by 5.9% and 6.2%, respectively.

How to harmonize the two 'fronts'?

There must be satisfactory solutions for the sake of the economy and the country's reputation in international relations because the pressure to open up, for example, through accepting vaccine passports, is great.

Businesses strive to maintain production amid lockdown in HCM City

When HCM City went into lockdown under Government Directive 16 on July 9, many businesses and manufacturers prepared plans to set up temporary accommodations for their workers to avoid the spread of coronavirus and maintain production.

Bright growth outlook for Vietnam in 2021: experts

Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.

VEPR: Vietnamese economy could grow by 6.3 pct in 2021

The Vietnamese economy could grow by about 6-6.3 percent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) 

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.

Prolonged pandemic issues cloud recovery

Following the new coronavirus outbreaks in a number of localities, Vietnam’s economy could face yet another difficult phase in the early days of the new lunar year as production and services are hindered in several sectors.

Japanese journal: Vietnam to represent bright spot in global economy in 2021

Many forecasts have outlined the nation’s economic growth in the year ahead, with a reputable UK bank forecasting that the Vietnamese economy is likely to reach a growth rate of 7.8%, while ADB has predicted it will reach a figure of 6.3%.

Vietnamese economy accelerates thanks to recovering manufacturing: Asia Perspective

The US independent management consultancy Asia Perspective has published a report on the Vietnamese economy, which highlighted that in the fourth quarter of 2020, Vietnam posted rapid growth thanks to the recovery of manufacturing.

Vietnamese economy tipped to bounce back in 2021

Many economists have said the Vietnamese economy is set to speed up this year.

 

Building a modern Vietnam for all

The Vietnamese economy has been witnessing tremendous achievements over the past few decades under the sound policies and strategies by the government and the great contributions of the planning and investment sector. 

Manufacturing helping to weather health crisis

Despite receiving a heavy toll caused by the health crisis, the Vietnamese economy is expected to keep its highest economic growth in Asia this year 

Statistical upgrade aids revision of GDP efforts

After reassessment, the Vietnamese economy is expected to enjoy an even bigger scale from next year, better reflecting the country’s economic structure.

Vietnamese economy remains resilient despite COVID-19 challenges

The Vietnamese economy has remained extremely resilient throughout the year despite the adverse impact of COVID-19 pandemic, with import-export activities witnessing a gradual bounce back, according to insiders.

New direction for Vietnamese enterprises post-Covid-19

Many enterprises are now mapping out short-term business strategies of up to three years, given growing global uncertainties.

Vietnam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.

Vietnam records lowest GDP growth rate in 30 years

Vietnam’s gross domestic product (GDP) increased 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office (GSO).

Agriculture still vital, says expert

Economist Le Xuan Nghia, former Vice President of the National Financial Supervisory Commission, talks about the role of agriculture in reviving the economy after the COVID-19 pandemic.

GDP growth of 3.82 percent in Q1 is a miracle: official

Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said.