growth goals take hit after tricky q1

Growth goals take hit after tricky Q1

Despite a gradual rebound in retail and consumption, lingering difficulties since Q4 last year are expected to continue making dents in economic growth of 2023, with industrial production declining in the first months of the year.
high pedestal to reach for 2023s growth ambitions

High pedestal to reach for 2023’s growth ambitions

A series of risks including a reduction in domestic production and global demand, and heightened geopolitical complexity are expected to make it more difficult for Vietnam to reach its economic growth indicators this year.
beverage leaders plead for excise tax postponement

Beverage leaders plead for excise tax postponement

Key industry players are calling for the delay of increased taxes on alcohol and sugary drinks to support business recovery and ensure they do not undermine economic growth.
vietnam has massive potential for offshore wind energy

Vietnam has massive potential for offshore wind energy

Vietnam has the potential to offer an economical and environmentally friendly energy source for economic growth, according to attendees at a recent workshop discussing offshore wind power.
utilising the broad application of green hydrogen

Utilising the broad application of green hydrogen

With economic growth of more than 8 per cent in 2022, Vietnam’s rapidly growing economy can be viewed with some envy for having achieved its fastest economic growth since 1997 while the global average only saw a small 3.3 per cent. This economic growth is coinciding with increases in energy demand and requires innovative solutions to ensure energy security.
france trailblazing in sustainable development

France trailblazing in sustainable development

The Indo-Pacific region, particularly nations like India and Vietnam, is becoming an engine for French economic growth in terms of green, sustainable, smart cities and semiconductor development.
leaders declare intention to up psrd deployment

Leaders declare intention to up PSRD deployment

Amid difficulties continuing to undermine the business community, the government is hurrying the deployment of the national hallmark socioeconomic recovery and development initiative in a bid to fuel enterprises’ performance and achieve desired economic growth.
pwc report reflects ceos latest sentiments

PwC report reflects CEO's latest sentiments

PwC Vietnam has just released its 26th Annual Global CEO Survey on What matters to CEOs in Vietnam based on PwC’s 26th Annual Global CEO Survey – Asia-Pacific: Leading in the New Reality, which reveals striking data points that bring to life the challenges facing 1,634 CEOs in the region and their implications in Vietnam.
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.