asian markets slump after fed hikes rates

Asian markets slump after Fed hikes rates

Tokyo led a rout of Asian shares on Thursday (Dec 20), mirroring big losses on Wall Street after the Fed defied unprecedented pressure from Donald Trump and raised interest rates, sparking fears the move could choke economic growth.
vietnams growth rate at nearly 68 percent this year wb

Vietnam’s growth rate at nearly 6.8 percent this year: WB

The World Bank (WB) expects Vietnam’s economic growth this year at nearly 6.8 percent, compared to the 6.3 percent projected for East Asia and the Pacific, in a report released on December 11.
top imf economist predicts sharper us slowdown in 2020

Top IMF economist predicts 'sharper' US slowdown in 2020

Americans will begin feeling the effects next year of a marked slowing in world economic growth but should be spared a new recession, the chief economist of the International Monetary Fund said in remarks published on Sunday (Dec 9).
vietnams 40 ambitions in one hallmark strategy

Vietnam’s 4.0 ambitions in one hallmark strategy

In order to boost sustainable economic growth, create new jobs, and attract more high-quality investment, Vietnam is mulling over the creation of a hallmark strategy on the Fourth Industrial Revolution with specific targets and action plans.
icaew forecasts southeast asia gdp growth to slow in 2019

ICAEW forecasts Southeast Asia GDP growth to slow in 2019

Economic growth across the Southeast Asia (SEA) region is expected to slow in 2019 to 5 per cent, after an estimated 5.3 per cent in 2018, according to ICAEW’s latest Economic Insight – Southeast Asia report. US-China tensions and the resulting slowdown in Chinese demand will weigh significantly on SEA growth, especially for export-dependent economies with a high level of exports to China like Singapore and Malaysia.
foreign investors call for more conducive ppp regulations

Foreign investors call for more conducive PPP regulations

Infrastructure development is vital to Vietnam’s long-term economic growth  and the active introduction of public-private partnership (PPP) schemes is certainly one of the most effective ways to improve infrastructure.
vietnams economy on track says government

Vietnam’s economy on track, says government

The government has confirmed that Vietnam’s economy ­witnessed significant improvements over the last three years, with comprehensive growth covering key economic sectors, in response to concerns from some National Assembly members over what they ­believe to be unstable ­economic growth.
economic growth targets eclipsed on eight counts

Economic growth targets eclipsed on eight counts

With a highly-valued outlook from the international community and fuelled by a recovering global economy, Vietnam is on the way to accomplishing its socioeconomic development goals for the year while laying firm groundwork towards 2020.
macro economy stabilised inflation controlled

Macro-economy stabilised, inflation controlled

In 2018, the macro-economy has been kept stable, inflation placed under control, and economic growth boosted higher than the middle-term economic prospect to reach 6.7pc.
coastal economic zones greatly contribute to economic growth

Coastal economic zones greatly contribute to economic growth

Over the last 10 yearrs, coastal economic zones (EZs) have greatly contributed to economic growth and job creation, helping accelerate urbanisation in coastal areas.
national assembly convenes to decide major issues

National Assembly convenes to decide major issues

The sixth session of the 14th National Assembly was started this morning to discuss and determine major issues with an aim to further boost economic growth.
worries push vn index down for 2nd day

Worries push VN Index down for 2nd day

Worries over global economic growth and tensions pushed Viet Nam’s benchmark VN-Index down for a second day.
tokyo firms eye vietnam opportunities

Tokyo firms eye Vietnam opportunities

With its high economic growth, great market potential, and reasonably priced labour with improving skills, Vietnam is an attractive market for Japanese investors, according to the Tokyo Small and Medium sized Enterprise Support Centre.
imf warns trade friction market turmoil to hurt asian growth

IMF warns trade friction, market turmoil to hurt Asian growth

Sustained trade tensions could slash Asia's economic growth by up to 0.9 percentage point in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.
exceptional demand for luxury flats

Exceptional demand for luxury flats

With robust economic growth in Vietnam over the past several years, foreigners, especially those from Hong Kong, Taiwan, and mainland China, are driving investment into the real estate market, targeting projects in the heart of Hanoi and Ho Chi Minh City.