07-04-2020 14:00
With decade-low first-quarter growth, the fast and furious spread of the coronavirus pandemic has prompted high-profile international organisations to revise down their forecasts on Vietnam’s 2020 economic growth which, however, remains far more optimistic than those of regional economies.
03-04-2020 15:13
Vietnam’s economic growth is expected to slow sharply in 2020 to 4.8 per cent from the initial supply shock to economic activity from the COVID-19 outbreak and the subsequent and ongoing drop in demand from Vietnam’s principal trade and investment partners, says a new Asian Development Bank (ADB) report released today.
03-04-2020 14:00
In past years, inward remittances have made remarkable contributions to Vietnam’s economic growth. Philip Ziter, a lawyer in the Ho Chi Minh City office of US-backed consulting firm Russin & Vecchi, provides analysis on investment opportunities related to blockchain remittances for the nation, as well as policy recommendations.
01-04-2020 10:06
The World Bank (WB) has revised down economic growth forecasts for the Philippines and Malaysia due to the adverse impacts of COVID-19 and strict community quarantine.
28-03-2020 11:47
Boosting public investment disbursement is an important channel for the country’s socio-economic growth, Prime Minister Nguyen Xuan Phuc said at a meeting in Hanoi on March 27 to prepare for a teleconference between the Government and localities on March 31.
20-03-2020 16:00
BIDV’s overvalued stocks will likely do more harm than good for the lender’s plans to lure funding in the face of pessimistic economic growth, despite last year’s historic deal with South Korea’s KEB Hana Bank.
18-03-2020 14:00
The Ministry of Industry and Trade has requested that relevant agencies and other ministries to formulate new plans in order to improve the current structure of residential electricity price tables to reflect economic growth and increased usage. Energy efficiency expert Mai Van Trung writes on the proposal of rate changes in and the possible effects on different households across Vietnam.
17-03-2020 09:00
As the COVID-19 outbreak is poised to cause a global economic crisis affecting Vietnam, the government’s fresh solutions to boost local production to achieve the country’s economic growth goal are hoped to give a kiss of life to both enterprises and investors.
15-03-2020 12:41
Despite serious blows from the the global health epidemic, Vietnam’s lowered economic growth this year is nevertheless expected to remain far higher than that of regional nations due to its great efforts to create a business-friendly climate, and the knock-on implications of free trade agreements.
13-03-2020 11:26
Hanoi is seeking to fulfill socio-economic targets in 2020 amid the complicated and unpredictable developments of the acute respiratory disease caused by SARS-CoV-2 (COVID-19).
03-03-2020 21:15
Prime Minister Nguyen Xuan Phuc has instructed the Government to provide the maximum possible assistance to production and business activities in the context of complicated impacts of the COVID-19 epidemic.
03-03-2020 15:00
The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday (Mar 2) as it lowered its global GDP forecast by half a percentage point to 2.4 per cent, the lowest rate since the 2008-09 financial crisis.
03-03-2020 08:00
With the coronavirus epidemic badly damaging business performance and undermining local production, Vietnam will officially launch a major support package to spur on businesses’ performance and ensure economic growth.
28-02-2020 15:50
The impacts of COVID-19 on Vietnam's economic growth in 2020 will be worse than most expectations but it is expected to boost the relocation of manufacturing facilities from China to Vietnam.
26-02-2020 14:38
Donald Lambert, principal private sector development specialist, Southeast Asia Department at the ADB, provides three key strategies that can help Vietnam achieve its ambitious development targets in the coming years.