revised gdp goals to buttress growth

Revised GDP goals to buttress growth

The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target, with the recommendation that providing practical support for the private sector will help the economy achieve higher growth and create more jobs.
options outlined for lower growth

Options outlined for lower growth

Fresh scenarios for lower-than-expected economic growth have been discussed by law-makers amid worries about further negative impacts stemming from the health crisis, reflecting the country’s great caution in macro-monitoring
govt maps out two economic growth scenarios infographics

Gov't maps out two economic growth scenarios (Infographics)

Gov't maps out two economic growth scenarios in case the COVID-19 epidemic is basically controlled in the final quarters of the year.
keys to nations investment optimism

Keys to nation’s investment optimism

Recent analyses by the World Bank indicate that Vietnam will be one the few countries in the entire world to experience positive economic growth in 2020.
pm requests achieving growth of over 5 per cent this year

PM requests achieving growth of over 5 per cent this year

Prime Minister Nguyen Xuan Phuc has requested striving for an economic growth of over 5 per cent and controlling inflation below 4 per cent this year.
economic rebound still outwith reach

Economic rebound still outwith reach

Asteep decline in business confidence is expected to contribute to a drop in economic growth this year, but the Vietnamese economy is projected to rebound significantly next year thanks to a surge in domestic production after the coronavirus pandemic.
poverty tops concerns of vietnamese citizens 2019 papi report

Poverty tops concerns of Vietnamese citizens: 2019 PAPI Report

Even before Vietnam became affected by COVID-19, poverty, economic growth and the environment were top concerns of citizens in the country, reveals the 2019 Provincial Governance and Public Administration Performance Index (PAPI) Report released by the UNDP on April 28.
standard chartered bank vietnams 2020 economic growth to fall to 33 pct

Standard Chartered Bank: Vietnam's 2020 economic growth to fall to 3.3 pct.

Vietnam’s economic growth is forecast to shrink to 3.3 percent this year due to the impact of a raft of external challenges, according to the latest economic outlook released by Standard Chartered Bank on April 23.
franchising landscape in vietnam transformed by global pandemic

Franchising landscape in Vietnam transformed by global pandemic

By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy. According to a new Asian Development Bank (ADB) report, Vietnam’s economic growth rate will slow sharply in 2020 to 4.8 per cent as a direct result of the crisis.
vietnam pledges assistance to cuba over covid 19 combat pm

Vietnam pledges assistance to Cuba over COVID-19 combat: PM

Vietnam is willing to bolster cooperation with Cuba so as to boost economic growth in both countries, and to share experiences with Cuba in tackling the COVID-19, Prime Minister Nguyen Xuan Phuc said on April 17.
economic growth slows as gdp rate threatened

Economic growth slows as GDP rate threatened

Sticky projected prospects caused by the global health crisis among  Vietnam’s key trading partners are expected to hit the domestic economy this year with the manufacturing and processing sector, one of the key growth pillars, to be hit hardest.
government localities seek ways to mitigate effects of covid 19

Government, localities seek ways to mitigate effects of COVID-19

Prime Minister Nguyen Xuan Phuc chaired a national teleconference between the Government and localities on April 10 to discuss solutions for tackling the COVID-19 pandemic.
adb projects indonesias economic growth at 25 percent

ADB projects Indonesia’s economic growth at 2.5 percent

Indonesia’s economy is predicted to grow by only 2.5 percent this year, the lowest over the last four years and a 50-percent decline compared to 2019's growth rate.
sustained growth can be achieved through reforms

Sustained growth can be achieved through reforms

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.
vietnam remains one of fastest growing economies in asia despite covid 19 slowdown

Vietnam remains one of fastest growing economies in Asia despite COVID-19 slowdown

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.