the 2023 tipping point for public investment

The 2023 tipping point for public investment

It is anticipated that public investment will be further encouraged during 2023, signalling a significant advance for both the real estate sector and overall economic growth.
raft of deals to brighten up foreign funding picture

Raft of deals to brighten up foreign funding picture

Positive signs in economic growth alongside trust from foreign investors are the driving forces helping Vietnam hit between $36-38 billion in foreign investment capital commitment in 2023, up 30 per cent on-year.
more strategies introduced to support businesses

More strategies introduced to support businesses

With domestic production decreasing, the government is fueling businesses’ performance with new policies with a view to hitting its desired economic growth.
gauging efficient investment channels for the year

Gauging efficient investment channels for the year

Looking back on 2022, right from the outset of the year, the economy rebooted strongly, reflected in economic growth data and banks’ lending practice. Yet by the end of the year, there were signs growth slowing due to the impacts from external and internal factors on the economy.
pressure on to support new economic growth

Pressure on to support new economic growth

As the US Federal Reserve raised its benchmark interest rates by a quarter point to bring down inflation rate despite its recent signs of slowing and giving no real hint of a pause in hikes, the cycle is predicted to continue to run.
economic growth and market upgrade to draw capital

Economic growth and market upgrade to draw capital

The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.
imf lowers economic growth forecast for asean region

IMF lowers economic growth forecast for ASEAN region

Singapore and other Southeast Asian Nations (ASEAN) economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas said on January 31.
the keys to economic momentum

The keys to economic momentum

Key experts spoke to VIR about the outlook for the years ahead.
vietnams economy steadfast amid the headwinds

Vietnam’s economy steadfast amid the headwinds

The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
advantages outlined to push ahead with public investment

Advantages outlined to push ahead with public investment

In the context that most capital mobilisation channels are tightening, public investment is considered an important driver for boosting economic growth.
imf commends vietnams macro economic stabilisation policies

IMF commends Vietnam’s macro-economic stabilisation policies

Deputy Managing Director of the International Monetary Fund (IMF) Antoinette Sayeh has lauded Vietnam for its high economic growth and controlled inflation over the past years despite global uncertainties.
the key to promoting digital economic growth in vietnam

The key to promoting digital economic growth in Vietnam

The wide applicability and huge connected data store created from blockchain have made this technology increasingly important in the progress of realising the goal of bringing the digital economy to 20 per cent of GDP, as set by the government.
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
government strives to extend fiscal policy outlined by psrd

Government strives to extend fiscal policy outlined by PSRD

Amid difficulties forecast to continue undermining the business community, a fiscal policy under Vietnam’s hallmark socioeconomic recovery initiative is expected to be lengthened next year in a bid to fuel enterprises’ performance and achieve desired economic growth.
vietinbank honoured with project infrastructure finance deal of the year award

VietinBank honoured with ‘Project Infrastructure Finance Deal of the Year’ award

With the surge of foreign capital inflow and rapid expansion of the economy during recent years, VietinBank stands out as a pioneering bank financing major projects focused on enhancing existing infrastructure in Vietnam, fostering economic growth and sustainable development.