adb revises down malaysias economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
rebooting nuclear power to cope with high demand

Rebooting nuclear power to cope with high demand

Nuclear power can be an option to meet the requirements of diversity of power sources, based on the conditions that Vietnam implemented a few years ago. The proposal to restart the nuclear power programme in Vietnam was made amid warnings about resource depletion, setting new requirements for diversifying power sources, developing sustainable energy sources, and meeting the economic growth demand.
adb revises down malaysias economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
vietnam becomes preferred destination for asian investors

Vietnam becomes preferred destination for Asian investors

Vietnam has been climbing the ranks of preferred dealmaking destinations for some of the top Asian investors as the country boasts bright prospects for economic growth in the region.
calls made to scale up vital public investment

Calls made to scale up vital public investment

Accelerating disbursement of public investment and furthering the support of struggling businesses and individuals to recover from existing difficulties will be key momentum for achieving higher economic growth from now until the end of next year.
developing asia growth outlook slightly down in 2021 2022

Developing Asia growth outlook slightly down in 2021-2022

The Asian Development Bank revised its economic growth outlook for developing Asia, down slightly to 7 per cent this year and 5.3 per cent next year, after renewed outbreaks of coronavirus disease led to slower growth in the third quarter.
digital transformation driving growth and innovations with 5g

Digital transformation: Driving growth and innovations with 5G

The virtual forum “Digital Transformation – Driving Growth and Innovations with 5G” hosted by Vietnam Investment Review under the auspices of the Ministry of Planning and Investment opened in the morning of December 14 to share practical experiences on the
high quality outlook for development plan

High-quality outlook for development plan

As a key part of its Socioeconomic Development Plan for 2022 and Economic Restructuring Plan for the 2021-2025 period, Vietnam is set to foster a digital economy in the hope of achieving higher quality in economic growth.
low carbon economic growth green building examples from the world

Low-carbon economic growth: Green building examples from the world

One of the countries to be most impacted by climate change and with one of the fastest growth in greenhouse gas emissions globally, Vietnam sits in the crosshairs of the climate crisis.
fresh push ahead for nations ever improving enterprises

Fresh push ahead for nation’s ever-improving enterprises

Despite massive difficulties remaining due to the health crisis causing major disruptions in supply chains, domestic industrial production has continued bouncing back, promising a brighter picture for economic growth.
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.
innovation to be the new engine of vietnams growth

Innovation to be the new engine of Vietnam's growth

Promoting technology absorption and diffusion, and enhancing human capital will be key to driving sustained economic growth in Vietnam, according to two new reports launched today by Vietnam’s Ministry of Science and Technology, the Australian government, and the World Bank.
humble disbursement can turn the corner

Humble disbursement can turn the corner

Boosting public investment and further supporting struggling enterprises to recover will be key momentum for achieving higher economic growth moving into next year.
tech goals rising for a digital decade

Tech goals rising for a digital decade

As a central part of its economic restructuring plan until 2025, Vietnam will continue providing policy and financial assistance to investors and businesses with projects to digitalise themselves, which will help drive higher quality in economic growth.
gas and oil hikes put strain on businesses

Gas and oil hikes put strain on businesses

The escalating petroleum and oil prices are exacerbating pressure on the consumer price index and economic growth, leaving many households and business with an unbearable burden on their balance sheets.