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Search Results: 765 results for keyword "economic growth".
Remedies crafted to soothe out-of-reach business goals
03-11-2021 09:00
With Vietnam seriously hit by difficulties caused by the health crisis, the country’s 2021-2025 Economic Restructuring Plan is to prioritise further support for struggling enterprises as one of the key remedies for the nation to reach 1.5 million private firms and an annual economic growth rate of 6.5-7 per cent over the next four years.
Vietnam pulls out all stops to recover ground lost to virus
29-10-2021 20:00
Lower-than-expected economic growth this year may undermine the country’s efforts to reach its medium-term goals. The National Assembly and the government will therefore provide further assistance to struggling businesses and create new space for the private sector to flourish.
The game-changer of RCEP for future regional trade windfalls
21-10-2021 08:00
The Regional Comprehensive Economic Partnership (RCEP) is especially important today because you need to keep trade lanes open – and this is a trade-dependent region. But you also need to have new sources of economic growth. It seems clear that we are going to have an uneven recovery coming out of COVID-19, so you want to be harnessed to different possible engines to drive the recovery.
Zooming ahead in sustainable economic growth – digitally
14-10-2021 10:04
Over the past three decades, Vietnam’s socioeconomic growth has been a remarkable success story. However, rapid economic development and industrialisation has come at a cost. Energy consumption has tripled over the past decade, making Vietnam one of the most energy intensive countries in East Asia. Greenhouse gas (GHG) emissions are increasing rapidly and expected to triple by 2030.
Gigantic lifeline en route for essential businesses
13-10-2021 22:48
In a bid to help the country recover after the economy grew at a very low level in the third quarter, a huge financial support package is to be offered to enterprises whose performance is a backbone of economic growth.
Consumption dip impedes inflation
13-10-2021 22:48
Vietnam is expected to see an average inflation rate below its target of 4 per cent this year as economic growth slows due to stunted production and consumption.
Economic momentum in 2021 takes a knock
07-10-2021 08:00
Prolonged social distancing in many localities have led to lower-than-expected economic growth for the first nine months, but with the accelerated vaccine rollout, the economy is expected to gain growth momentum soon.
Vietnam’s retail investors flock to stock markets
06-10-2021 10:34
While Vietnam continues to battle its worst COVID-19 outbreak by far, economic growth is still expected through 2021. Individual investments continue as a result, with the stock market emerging as the most popular destination for retail investors.
New US-funded project to promote Vietnam's economic growth through technological transformation
01-10-2021 17:50
The Vietnam Workforce for an Innovation and Startup Ecosystem (WISE) project showcases the US government’s commitment to partnering with Vietnam along with its economic transformation, which centres on mastering and integrating new advanced technologies, spurring innovation, and accelerating the growth of the digital economy.
Vaccinations underpinning super-charged recovery aim
23-09-2021 09:00
With Vietnam boosting the inoculation of vaccines for people and support for enterprises in a bid to revitalise business and production activities for economic growth, upcoming updated economic recovery scenarios will make it more favourable for macro monitoring.
ADB bullish on Vietnam's economic growth despite COVID-19 slowdown
22-09-2021 16:34
Vietnam’s economic growth is expected to slow down due to a resurgence of the coronavirus pandemic that has tightened the labour market, lowered industrial output, and disrupted agricultural value chains, the Asian Development Bank reported.
Economic status hinges on reopening
22-09-2021 09:00
Protecting lives and maintaining economic growth in a careful balancing act, the government’s pace of economic reopening will define Vietnam’s economic outlook and foreign investment prospects.
UOB reaffirms long-term commitment to Vietnam with fresh capital injection
21-09-2021 16:35
UOB is reaffirming its long-term commitment to contributing to Vietnam’s economic growth and deepening its support of customers by increasing its charter capital from VND3 trillion to VND5 trillion ($130.43-217.4 million).
Protracted restrictions put main growth drivers at risk
09-09-2021 09:00
A continued trade deficit over the past few months and an expected drop caused by the global health crisis in inflows of foreign investment are unlikely to weaken Vietnam’s external position this year.
Helping small businesses and female entrepreneurs endure
08-09-2021 14:00
After avoiding the worst of the pandemic’s economic impacts for over a year, Vietnam is now facing its worst outbreak. The General Statistics Office reported that retail sales of goods and services fell 20 per cent between last and this July, and in the July supplement to the Asian Development Outlook, the Asian Development Bank lowered its forecast for Vietnam’s economic growth for 2021 from 6.7 to 5.8 per cent. Further downward revisions are likely if lockdowns persist.
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