Tax deferrals help firms

Tax deferrals help firms

Tax deferral policies are giving significant support to enterprises to overcome difficulties and recover production and business in the post-pandemic period, experts have said.
Vietnam forecast to become second-largest economy in Southeast Asia by 2036

Vietnam forecast to become second-largest economy in Southeast Asia by 2036

Vietnam is forecast to become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.
Vietnam needs independent and self-reliant economy

Vietnam needs independent and self-reliant economy

Vietnam needs an independent and self-reliant economy said experts at the Vietnam Economic Forum on June 5 in Ho Chi Minh City.
Vietnam's digital economy reaches $53 billion in Q1

Vietnam's digital economy reaches $53 billion in Q1

A meeting of the National Committee on April 27 revealed that the country's digital economy generated $53 billion in the first quarter of this year.
Economy on course to be stronger than projected

Economy on course to be stronger than projected

We expect Vietnam’s GDP to grow by 7.5 per cent in 2022 but would not be surprised if it grows at an even faster pace, driven by robust rebounds in Vietnam’s domestic consumption and construction activity, international tourism, and by the government’s $15 billion fiscal stimulus package.
Budgetary tweaks put economy on good foot

Budgetary tweaks put economy on good foot

Despite impairments in the economy and business revenues, Vietnam has decided to increase its budget deficit this year and next year in order to ensure state budget spending for the country.
Bracing for impact of Omicron variant

Bracing for impact of Omicron variant

The world is entering the third year of the COVID-19 pandemic and there is no definitive end in sight. Patrick Lenain, assistant director at the Organisation for Economic Co-operation and Development, analyses the prospects of Vietnam dealing with the latest variant and its ability to restart the economy in 2022.
Venture capital for Vietnam's startups reached $2.1 billion in 2021

Venture capital for Vietnam's startups reached $2.1 billion in 2021

Vietnam's startup scene is blossoming, securing a total sum of $2.1 billion in venture capital last year. The country's digital economy also hit $21 billion in 2021.
Spurring vibrant economic growth

Spurring vibrant economic growth

Vietnam is approaching 2022 with great hope that its economy will strongly bounce back from negative impacts of the past two years. Jacques Morisset, World Bank lead economist and programme leader for Vietnam, talked with VIR’s Thanh Thu about the New Year’s prospects and expectations.
More prudent approaches for sustainable growth

More prudent approaches for sustainable growth

Despite the year’s complexities, Vietnam reached positive economic growth in 2021. Luke Hong, group head and lead economist for Vietnam at the ASEAN+3 Macroeconomic Research Office (AMRO) based in Singapore, talked with VIR’s Thanh Tung about the economy’s performance and the driving forces for its prospects in 2022.
Cash injection to give economy lease of life

Cash injection to give economy lease of life

A gigantic economic recovery and development programme worth nearly $35 billion is expected to drive the economy to a higher level of growth, with focus to be placed on supporting enterprises and individuals as well as increasing investment in infrastructure development.
Overspend in the works for reboot of national economy

Overspend in the works for reboot of national economy

Vietnam may not be able to increase its budget deficit next year in order to ensure state budget spending, with the economy still sabotaged and business revenues still dented.
Stronger private sector - a key to economic transformation in Vietnam

Stronger private sector - a key to economic transformation in Vietnam

As Vietnam battles COVID-19, accelerating reforms, upgrading workforce skills and infrastructure will strengthen the private sector to help the country recover.
The right time to fully reopen the economy

The right time to fully reopen the economy

People and businesses in the southern growth engine of Ho Chi Minh City are yearning for daily life to resume, but is it the right time? Professor Dr. Tran Ngoc Tho from Ho Chi Minh City Economics University elaborated on the issues with VIR’s Nguyen Hong.
More drastic actions urged to aid economy

More drastic actions urged to aid economy

While Vietnam’s strategy to cope with the global health crisis has protected the lives of most, bringing the economy back on track remains a challenging task.
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