26-08-2021 08:00
To help achieve its desired economic growth target, the National Assembly Standing Committee is expected to sign off on a new fiscal initiative that will aim to benefit the business community and individuals. However, exactly how this scheme will spur on domestic production remains in question.
25-08-2021 13:17
The latest wave of coronavirus infections continues to drag the Vietnamese economy this year, with the World Bank slashing its 2021 GDP growth forecast to 4.8 per cent from its previous estimate of 6.8 per cent.
20-08-2021 08:00
The EU-Vietnam Free Trade Agreement (EVFTA) officially took effect in August 2020, opening tremendous prospects in the comprehensive partnership between the two. After a year of looking back amid a global pandemic, besides economic growth and trade and foreign direct investment with industries in general, the real impact of the EVFTA on the pharmaceutical industry remains to be seen, especially for European enterprises.
12-08-2021 09:00
The health crisis is becoming increasingly complex and expected to continue drawing a grey economic picture in the region. Alhough Vietnam is still believed to be a leader in regional economic growth, it is now encountering lingering risks, with businesses facing massive difficulties.
02-08-2021 15:16
5G is a platform for innovation, and because of its socioeconomic multiplier effect, it will serve as the critical infrastructure that will spur Vietnam’s Industry 4.0 and digital transformation initiatives.
29-07-2021 09:00
After some positive results through Vietnam’s public investment disbursement over the past half-decade, the National Assembly at the end of this week is set to decide on capital as public investment until 2025, meaning Vietnam will have big resources for boosting economic growth backed by a series of large-scale projects, especially in national infrastructure.
28-07-2021 10:14
Ho Chi Minh City will spend more than VND45 trillion ($1.96 billion) developing a road system connecting to the Mekong Delta region to create regional linkages and promote socioeconomic growth and attract investors.
21-07-2021 16:34
Vietnam's GDP growth forecast has been downgraded by Standard Chartered and the Asian Development Bank (ADB) by 0.2 and 0.9 percentage points, respectively.
17-07-2021 08:00
With its uptrend in economic growth since early last year driven in part by a rise in foreign investment and good control of COVID-19, Vietnam has earned big applause from high-profile international organisations who are expected to revise the country’s growth outlook this year. However, some big risks may still linger in the economy.
16-07-2021 13:58
The first half of this year has come and gone, with a very interesting case on why banks still bear fruit with upbeat business results during a difficult time for the economy.
16-07-2021 08:00
Despite enormous difficulties remaining due to the COVID-19 crisis causing disruptions in supply chains, domestic industrial production has continued bouncing back, promising a brighter picture for economic growth.
15-07-2021 15:00
With strong economic growth forecasts and the increasing exposure of Vietnamese consumers to global standards of living, the luxury residential market is starting to discover the new concept – urban branded residences.
07-07-2021 07:00
The domestic economy has been gradually escaping from a slowdown, with growth bouncing back over the past three months thanks to the government’s efforts to curb the pandemic and remove enterprises’ obstructions, with a rise in public investment needed as a primer to attract more private funding.
02-07-2021 11:19
Despite lower-than-expected economic growth for the first half of the year, the government has yet to propose a plan to the National Assembly to adjust the growth target for the whole year, while pinning high hopes on global economic recovery backed by big stimulus packages expected to have a positive impact on the Vietnamese economy.
02-07-2021 07:00
The Ministry of Planning and Investment (MoPI) has devised two growth scenarios for the second half of 2021, said Deputy Minister Tran Quoc Phuong.