ADB forecasts 6 per cent growth for Vietnam

ADB forecasts 6 per cent growth for Vietnam

The Asian Development Bank has forecasted Vietnam's economy to grow by 6 per cent this year and 6.2 per cent in 2025.
Vietnam's economic growth expected to pick up in 2024

Vietnam's economic growth expected to pick up in 2024

Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent in 2023.
Productivity must play bigger role

Productivity must play bigger role

Financial institutions are urging Vietnam to improve its labour productivity, which is key to ensuring economic growth at a more sustainable pace.
Significant reasons to be optimistic on growth

Significant reasons to be optimistic on growth

It is certainly easy to be pessimistic about the Year of the Dragon in Vietnam. Inflation seems to remain stubbornly high, the real estate market appears to be in a holding pattern..
Positive vibe covers growth prospects

Positive vibe covers growth prospects

Positive economic growth last year is expected to pave the way for higher performance this year, according to high-profile organisations’ fresh forecasts.
Big city focal point creating an economic digital divide

Big city focal point creating an economic digital divide

The latest e-Conomy Southeast Asia report “Reaching New Heights, Navigating the Path to Profitable Growth” sheds light on the digital economy in the region. Marc‌ ‌Woo‌, managing‌ ‌director‌ for Vietnam at Google Asia-Pacific, spoke with VIR’s Hai Van about the findings.
Plan adoption acknowledges likely issues

Plan adoption acknowledges likely issues

Vietnam’s socioeconomic development path for 2024 has taken shape, with a need to devise more schemes to boost industrial production and improve domestic consumption given global ongoing economic difficulties undermining the country’s exports.
Thai Government plans to seek 14 billion USD loan to boost economic growth

Thai Government plans to seek 14 billion USD loan to boost economic growth

Thai Prime Minister Srettha Thavisin on November 11 said that Thailand will seek 500 billion baht (14 billion USD) in loans to finance its 10,000-baht digital money handout scheme.
US Fed likely to hold rates again despite strong economic growth

US Fed likely to hold rates again despite strong economic growth

The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.
Business support to boost 2024 goals

Business support to boost 2024 goals

With economic growth this year forecast to fall below the set target, the government has devised a new growth goal for next year, which will be realised by greater support for businesses.
Public investment a locomotive for economic growth: Experts

Public investment a locomotive for economic growth: Experts

Public investment is expected to be an engine for Vietnam’s economic growth in the context that global headwinds may challenge the country’s growth target of 6.5 per cent, according to experts.
Shoots of recovery seen in industrial production

Shoots of recovery seen in industrial production

Although Vietnam’s targeted economic growth may be unreachable, there are positive signs of recovery in industrial production and business confidence.
Public investment crucial for Vietnam’s economic growth: ADB director

Public investment crucial for Vietnam’s economic growth: ADB director

Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.
Vietnam's economic growth projected at 4.7 per cent in 2023

Vietnam's economic growth projected at 4.7 per cent in 2023

The Vietnamese economy is forecast to grow by 4.7 per cent in 2023, before rebounding to 6 per cent in 2024, according to the AMRO.
Top growth goal tough nut to crack

Top growth goal tough nut to crack

Vietnam may not be able to realise its ambitious economic goals this year due to lingering difficulties which have dented growth thus far.
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