adb forecasts 6 per cent growth for vietnam

ADB forecasts 6 per cent growth for Vietnam

According to the Asian Development Outlook released by the Asian Development Bank (ADB) on April 11, slowing global demand and high international interest rates hampered Vietnam’s growth last year, yet Vietnam's economy is expected to grow 6 per cent in 2024 and 6.2 per cent in 2025.
weighting stock market prospects

Weighting stock market prospects

In contrast to the net-selling performance of foreign investors so far this year, local retail investors have remained active buyers. Le Duc Khanh, director of investment capacity development at VPBank Securities (VPS), explained why positive signs have taken hold of the stock market and economic development prospects.
vietnams economic growth expected to pick up in 2024

Vietnam's economic growth expected to pick up in 2024

Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent growth in 2023, on the back of improving external demand, a pickup in domestic demand, and robust foreign direct investment (FDI) inflows, according to a report by the ASEAN+3 Macroeconomic Research Office (AMRO) released on April 9.
development highlights in q1 through experts lenses

Development highlights in Q1 through expert’s lenses

Suan Teck Kin, executive director of global economics and market research at United Overseas Bank (UOB), talked to VIR’s Hong Dung about Vietnam’s development landscape in Q1 and forex prospects for 2024.
vietnam now chinas top asean trading partner

Vietnam now China's top ASEAN trading partner

Despite the gloomy global economic landscape, trade between Vietnam and China maintained positive momentum last year, with China emerging as Vietnam's largest trading partner in 2023 and trade turnover between the two countries valued at just under $172 billion.
how to build upon market dynamics

How to build upon market dynamics

Despite ongoing inflation challenges in the United States, optimism remains regarding the various trends. VIR’s Linh Le spoke with independent financial experts Tong Quoc Dat and Trinh Van Ha about current movements in the stock market globally and domestically.
sabeco community initiatives continue to pick up the pace

SABECO community initiatives continue to pick up the pace

Through community programmes with deep impact, Saigon Beer-Alcohol-Beverage Corporation has reaffirmed its commitment to generating positive socioeconomic values in localities.
stock market shows potential for growth

Stock market shows potential for growth

Amidst a landscape of economic uncertainties, banking, retail, and real estate sectors are identified as beacons of growth, bolstered by strategic government interventions.
new pdp8 implementation plan brings investment opportunities

New PDP8 implementation plan brings investment opportunities

On April 1, Deputy Prime Minister Tran Hong Ha approved the implementation updates for Vietnam's Power Development Plan VIII (PDP8), which aims to help build strategic objectives, ensure national energy security, and foster investment across all economic sectors. Senior associate Nguyen Thi Cuc Vi and trainee associate Trinh Linh Chi of Dentons LuatViet explain further.
shrimp farms adapt to modern techniques

Shrimp farms adapt to modern techniques

Natural shrimp breeding in mangroves are being replicated in the Mekong Delta, becoming exemplary models of economic development.
german business association unveils ambitious plan

German Business Association unveils ambitious plan

The German Business Association (GBA) has launched its 2024 action plan, focusing on enhancing interaction with its members, expanding its presence in the northern region, and driving strategic development initiatives to strengthen bilateral economic relations with Vietnam.
no vietnamese casualties reported in taiwan earthquakes office

No Vietnamese casualties reported in Taiwan earthquakes: office

There has not been any information on casualties related to Vietnamese people in strong earthquakes and aftershocks that hit Taiwan (China) on April 3, according to the Vietnam Economic and Cultural Office in Taipei.
singapore forecast to suffer over 15 billion usd losses due to heat stress in 2035

Singapore forecast to suffer over 1.5 billion USD losses due to heat stress in 2035

Singapore’s economic losses due to heat stress could nearly double to 1.64 billion USD in 2035 from pre-pandemic 2018 due to a decline in labour productivity, a recent study by the National University of Singapore showed.
banks eye rosier prospects in q1

Banks eye rosier prospects in Q1

The banking sector has witnessed an inspiring profit picture in the first quarter of this year as the economic rebound takes a stronger foothold.
pm outlines 10 socioeconomic achievements in first quarter

PM outlines 10 socioeconomic achievements in first quarter

Prime Minister Pham Minh Chinh highlighted 10 socioeconomic development achievements in the first quarter of the year, at the regular government meeting and online conference with cities and provinces yesterday on April 3.