country cracks on with vital public investment ambitions

Country cracks on with vital public investment ambitions

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.
ho chi minh city to prioritise regional linkages via transport infrastructure projects

Ho Chi Minh City to prioritise regional linkages via transport infrastructure projects

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.
vietnams economic growth forecast lowered for 2021

Vietnam's economic growth forecast lowered for 2021

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.
scope remains for new capital influx

Scope remains for new capital influx

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.
banking stability playing key role in economic health

Banking stability playing key role in economic health

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.
industrial production shores up post pandemic prospects

Industrial production shores up post-pandemic prospects

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.
unlocking synergies of urban branded residences in vietnam

Unlocking synergies of urban branded residences in Vietnam

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.
public investment hike cited for stellar economic recovery

Public investment hike cited for stellar economic recovery

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.
stimulus sustained to ensure business performance revival

Stimulus sustained to ensure business performance revival

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.
ministry announces two growth scenarios for second half

Ministry announces two growth scenarios for second half

The Ministry of Planning and Investment (MoPI) has devised two growth scenarios for the second half of 2021, said Deputy Minister Tran Quoc Phuong.
molisa thrashes out latest labour bailout proposals

MoLISA thrashes out latest labour bailout proposals

As both employers and employees suffer under the global health crisis, issuing new bailout packages is considered an urgent requirement to not only support their operations and livelihoods but also spur economic growth in the long run.
tra vinh focusing on economic growth

Tra Vinh focusing on economic growth

Despite the adverse impacts this year, the Mekong Delta province of Tra Vinh has posted laudable achievements across the board so far in 2021, leveraging strong commitment of its leaders, the business community, and local people in carrying out the aims of containing the pandemic and beefing up economic growth.
positive factors in place for economic growth in 2021

Positive factors in place for economic growth in 2021

The country’s economic growth in the first half of the year is expected to remain lower than expected due to the pandemic affecting production and business. However, whether the economy can ensure its growth target for the whole year remains in question, with some international forecasts still proving upbeat.
government devises next aid package

Government devises next aid package

The government will soon promulgate a new financial and technical solution aimed to assisting domestic production and business activities in order to recover economic growth.
vietnam capable of achieving twin targets adb country director

Vietnam capable of achieving twin targets: ADB Country Director

Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.