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Search Results: 790 results for keyword "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.
Fiscal action to offer efficient support access
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.
World Bank lowers Vietnam's 2021 economic growth outlook to 4.8 per cent
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.
More time and effort required for EVFTA-led pharma advances
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.
Social distancing orders take toll on economic prospects
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.
5G as a catalyst for socioeconomic growth
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.
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