Evaluating the reach of support in turbulent times

Evaluating the reach of support in turbulent times

The COVID-19 pandemic is causing unprecedented damage to Vietnam’s economy when, for the first time, third-quarter GDP plunged 6.17 per cent, causing profound impacts on development not only for this year but also in successive years.
Vietnam's economy begins rebound from COVID-19 Delta wave

Vietnam's economy begins rebound from COVID-19 Delta wave

A strong recovery in Vietnam's GDP growth momentum is forecast for 2022 due to increasing vaccine rollout and the gradual reopening of international tourism.
National Assembly aims to economic recovery plan: 2022 GDP growth of 6-6.5 per cent

National Assembly aims to economic recovery plan: 2022 GDP growth of 6-6.5 per cent

Vietnam's National Assembly set the targets for economic recovery in 2021 and expectations for 2022, including 6-6.5 per cent GDP growth.
Processing-manufacturing driving Quang Ninh growth

Processing-manufacturing driving Quang Ninh growth

The processing and manufacturing sector is continuing to serve as a key pillar for Quang Ninh province, simultaneously playing the part of a motivating force for its economic development.
Domestic resources – key to achieve development goals: UNDP expert

Domestic resources – key to achieve development goals: UNDP expert

Vietnam must consistently invest a larger share of national income if it is to achieve the targets set out in the ten-year development strategy of achieving upper middle-income status by 2030 and high-income status by 2045, while coping with formidable challenges of COVID-19, according to Professor Jonathan Pincus, UNDP Senior International Economist.
Leaders lay stepping stones for financial inclusion

Leaders lay stepping stones for financial inclusion

Vietnamese authorities are sticking to their target of moving towards a digitally-led economy by increasing cashless payments for public services, in which the non-cash payment value would be 25 times higher than GDP.
Standard Chartered lowers Vietnam's 2021 growth forecast but maintains 2022 estimate

Standard Chartered lowers Vietnam's 2021 growth forecast but maintains 2022 estimate

Standard Chartered has revised its GDP growth forecast for Vietnam in 2021, reflecting the unexpected contraction of 6.2 per cent on-year in the third quarter.
Long-term focus crucial in face of quarterly GDP drop

Long-term focus crucial in face of quarterly GDP drop

The GDP growth target for the entire year is under threat unless the fourth quarter can record a high figure to compensate for the past nine months.
UOB: Vietnam experiences major setback in Q3 before rebound in Q4

UOB: Vietnam experiences major setback in Q3 before rebound in Q4

Vietnam's GDP growth declined in Q3/2021 due to COVID-19 but increasing vaccination could help Vietnam's headline GDP growth to rebound to 7 per cent in Q4.
Vietnam's economy to rebound soon

Vietnam's economy to rebound soon

Le Trung Hieu, general director of the System of National Accounts under the GSO shared why he remains optimistic about the country’s growth prospects.
Vietnam posts steepest quarterly GDP fall in history

Vietnam posts steepest quarterly GDP fall in history

As a result of pandemic restrictions, Vietnam's GDP fell 6.17 per cent in the third quarter of 2021, the biggest quarterly drop on record.
Standard Chartered forecasts fourth-quarter growth in Vietnam at 5.5 per cent

Standard Chartered forecasts fourth-quarter growth in Vietnam at 5.5 per cent

Standard Chartered expects Vietnam’s GDP growth to recover to 5.5 per cent on-year in the fourth quarter of 2021.
ADB bullish on Vietnam's economic growth despite COVID-19 slowdown

ADB bullish on Vietnam's economic growth despite COVID-19 slowdown

The ADB expects Vietnam’s economic growth to slow down due to a resurgence of COVID-19.
VNDIRECT predicts Vietnam's GDP growth of 3.9 per cent in 2021

VNDIRECT predicts Vietnam's GDP growth of 3.9 per cent in 2021

VNDIRECT predicts Vietnam's GDP growth at 3.9 per cent in 2021, with -1.2 per cent in Q3 before rebounding to 5.7 per cent in Q4.
Two scenarios for Vietnamese economy in 2021 and stellar expectations for 2022

Two scenarios for Vietnamese economy in 2021 and stellar expectations for 2022

HSBC predicted two possible scenarios for Vietnam’s economy with Vietnam's GDP growth in 2022 reaching 6.8 per cent, with a bullish mid- and long-term outlook.
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