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Search Results: 419 results for keyword "GDP".
Pressure to achieve GDP growth of 6.5 per cent
09-08-2023 11:44
Amidst the challenges in the US and EU markets, and a slower than expected recovery in China, Vietnam is facing more pressure to drive growth in the domestic market over the remainder of the year.
Approximately 6.8 per cent of Vietnam's GDP lost annually to climate change
04-08-2023 09:30
To effectively respond to climate change by 2040, Vietnam will need approximately $400 billion. However, the state budget is only anticipated to provide approximately $130 billion.
Outlooks lowered as weaker trade hampers 2023 growth
01-08-2023 14:00
Slow recovery in domestic production and continued global challenges are expected to leave Vietnam behind its economic growth target this year, with international organisations lowering their forecasts.
Urgent actions needed to address investment barriers
25-07-2023 11:00
Vietnam’s GDP growth accelerated in Q2 of 2023 compared with Q1, but the annual growth rate of under 4 per cent during the first half of 2023 was well below the official 6.5 per cent target. While disappointing, any growth in the current difficult environment could be viewed as a positive. Importantly, the macroeconomic foundations remain mostly stable with relatively low inflation.
Setting a strong impression for socioeconomic advances
18-07-2023 15:42
Although the target of 6.5 per cent GDP growth in 2023 is challenging, the disbursement of public investment could still help Vietnam get as close to that goal as possible. Deputy Minister of Planning and Investment Tran Quoc Phuong explained to VIR’s Nguyen Huong how the gradual improvement of disbursement will be a strong premise for economic growth for the rest of the year and into 2024.
Stimulation essential to boost demand, yet credit vigilance required
17-07-2023 08:37
Pham The Anh, a senior expert from the National Economics University, scrutinises the government's measures to stimulate economic growth, while discussing the threats to development in the face of low demand.
Standard Chartered forecasts 7 per cent growth rate for Vietnam in H2
08-07-2023 13:25
Standard Chartered Bank predicts that Vietnam's economy will experience a rebound in the second half of the year, with a growth rate of 7 per cent on-year that is driven by improving trade data and the country's economic openness and stability.
Full-year GDP growth projection of Vietnam to 5.2 per cent: UOB
05-07-2023 18:00
United Overseas Bank (UOB) has just revised its full-year growth projection down to 5.2 per cent in view of the challenges ahead, particularly for the fourth quarter of 2023 with its high base (in value terms) a year earlier.
MPI highlights two GDP growth scenarios for H2
04-07-2023 18:01
The Ministry of Planning and Investment (MPI) updated two scenarios in the second half of 2023 for Vietnam to strive for GDP growth of 6-6.5 per cent for the whole year, at the government's monthly meeting on July 4.
Standard Chartered forecasts growth slowdown in Q2
23-06-2023 18:51
In a recent global research report, Standard Chartered Bank forecasts Vietnam’s second quarter (Q2) GDP growth to have slowed to 1.5 per cent on-year, from 3.3 per cent in Q1. This poses downside risks to its 6.5 per cent growth forecast for 2023. However, a rebound is expected in the second half of 2023.
Vietnam among ASEAN economies predicted to grow fast
21-06-2023 16:34
Vietnam is among the six ASEAN economies forecast to grow by 4.2 per cent in 2023, outpacing the global gross domestic product (GDP) growth of 2 per cent, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.
Facilitating two-way business between Vietnam and Italy
12-06-2023 13:00
As a country, Italy, whose GDP growth has been rather stagnant for a while, breathes optimism and energy from Vietnam. Both countries place a strong emphasis on values such as family, traditions, beauty, and food, and both have a rich cultural heritage that is deeply ingrained in their societies. Additionally, Vietnam and Italy are similar in terms of their geographical size and administrative structure, which does provide a basis for more effective collaboration.
World Bank forecasts Philippines' GDP to grow 6 per cent in 2023
09-06-2023 11:09
The World Bank's Philippines Economic Update (PEU) said on June 7 that it expects the Philippines' gross domestic product (GDP) to grow 6 per cent this year and 5.9 per cent in 2024 due to solid domestic demand.
Vietnam's GDP growth slows in Q1 ahead of expected recovery
26-05-2023 14:45
Vietnam's Q1 GDP growth slowed to 3.3 per cent due to a number of factors, including weak exports. However, a recovery is anticipated as interest rates decline and the government implements measures to stimulate economic growth.
Digital economy likely to contribute 25.5pc to Malaysia’s GDP by 2025: Minister
19-05-2023 09:51
Digital economy is expected to contribute 25.5 per cent to Malaysia’s Gross Domestic Product (GDP) in 2025, and the country will attract major investments to data centres, innovation, and digital economy in the next few months, said Minister of Communications and Digital Fahmi Fadzil.
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