smoother regulations on the agenda

Smoother regulations on the agenda

With a low economic growth rate for the first half of the year, Vietnam is further truncating and eliminating business regulations which will benefit enterprises and investors.
temporary slowdown projected for general economy

Temporary slowdown projected for general economy

Despite the Vietnamese government making its great efforts to reach 6.5 per cent in economic growth this year, it will be an uphill struggle. Wanwisa May Vorranikulkij, senior economist from the ASEAN+3 Macroeconomic Research Office, talked to Khoi Nguyen about the outlook for the Southeast Asian economy.
stability for rest of 2023 bodes well for inflation rate

Stability for rest of 2023 bodes well for inflation rate

A low consumer price index in the first six months of the year is expected to contribute to controlled inflation amid a continued downtrend in oil prices and slow-paced consumption.
vietnam keen to spread wings in far flung trade deals

Vietnam keen to spread wings in far-flung trade deals

Vietnam is boosting its plan to expand trade to the globe’s Southern Common Market with a potential free trade agreement under preparations for negotiations.
economic momentum softens heading into 2024

Economic momentum softens heading into 2024

Economic difficulties have resulted in international organisations lowering their growth forecast for Vietnam, though it still has the highest growth in the region.
investment and new labour tie ups lead uae negotiations

Investment and new labour tie-ups lead UAE negotiations

An upcoming economic cooperation deal between Vietnam and the United Arab Emirates will help both economies to beef up investment flows and trade ties.
spending increases as vietnam tackles external headwinds

Spending increases as Vietnam tackles external headwinds

Despite a state budget surplus in the first five months, economic headwinds have put a dent in revenues across all economic sectors, with government coffers being hit.
export dents expected to continue in second half

Export dents expected to continue in second half

Despite an uptick in May, Vietnam’s five-month export turnover has witnessed a large annual drop, reflecting difficulties in local production and global demands
budget estimate shortcomings require modern fix

Budget estimate shortcomings require modern fix

The low-quality formulation of state budget revenue estimates needs to be improved, as it will continue having unwanted direct impacts on the country’s financial landscape.
struggling global outlook dampens growth prospects

Struggling global outlook dampens growth prospects

The National Assembly has asked the government to apply more sturdy solutions to boost economic growth currently slowing down.
short term policy support complementing 2025 targets

Short-term policy support complementing 2025 targets

The government is set to offer more favourable policies to many enterprises that require critical support.
order reductions continue to hinder various sectors

Order reductions continue to hinder various sectors

Vietnam’s industrial performance faces a reduction in export demand and other hurdles that are undermining the country’s economic outlook.
global pressures still apparent in mission to stabilise economy

Global pressures still apparent in mission to stabilise economy

Despite a state budget surplus in the first four months of this year, economic difficulties have put a dent in government revenues, with income falling across all sectors.
british leaders enthusiastic over cptpp implementation

British leaders enthusiastic over CPTPP implementation

The United Kingdom is beginning its new life as a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, with Vietnam also being a beneficiary from its expansion.
disbursement of assistance to be bolstered for enterprises

Disbursement of assistance to be bolstered for enterprises

The country’s hallmark socioeconomic recovery and development initiative must be accelerated as implementation continues to be too slow, the government has acknowledged.