vietnamese economy remains resilient despite weak external environment adb

Vietnamese economy remains resilient despite weak external environment: ADB

Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.
harvard yale and columbia luminaries weigh in on vietnams ambitious blueprint

Harvard, Yale, and Columbia luminaries weigh in on Vietnam's ambitious blueprint

Vietnam's Prime Minister Pham Minh Chinh consulted top academics from Harvard, Columbia and Yale during his US visit on September 21, seeking strategies for sustainable economic growth amid global uncertainties.
vietnam stepping up efforts for growth

Vietnam stepping up efforts for growth

The Vietnamese government has made an urgent order to spur on industrial production and boost administrative reforms to fuel economic growth.
prudently addressing vietnams economic liquidity

Prudently addressing Vietnam’s economic liquidity

Vietnam’s economic growth has been slowing since November 2022. This prolonged decline is unusual for Vietnam compared to previous crisis cycles. The Purchasing Managers’ Index has remained very low since then, at 46.4 points, slowly approaching 49 points in July and reaching 50.5 points last month, except for February this year during the Lunar New Year holiday.
australias shared economic future with the region

Australia’s shared economic future with the region

Australia’s prosperity and security is intimately linked to that of the region. As our Southeast Asia partners look for options to boost their economic growth, I believe Australia has much to offer the region as a trusted and reliable partner.
agricultural sector serves as important economic driver

Agricultural sector serves as important economic driver

The agricultural sector has proven to be a vital driver of the national economy over the year to date.
public spending rise may become catalyst

Public spending rise may become catalyst

Vietnam’s attraction of investment and economic growth are being undermined by a lack of high-quality infrastructure works that require more funding from the government.
dynamism part of growth ambitions

Dynamism part of growth ambitions

Based on the achievements so far of the year, Deputy Minister of Planning and Investment Tran Quoc Phuong told VIR’s Nguyen Huong about the current difficulties in the economy, and measures to reach goals set for the year.
bright future for vietnams foreign investment attraction insiders

Bright future for Vietnam’s foreign investment attraction: insiders

Vietnam's foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
fdi attraction consumption tourism silver linings of vietnams h2 economic growth

FDI attraction, consumption, tourism silver linings of Vietnam’s H2 economic growth

Foreign direct investment (FDI) attraction, consumption, and tourism are considered silver linings in Vietnam’s economic growth in the coming months of this year, insiders said.
heavy tasks set up to reach growth goals

Heavy tasks set up to reach growth goals

The government is placing prime priority on boosting economic growth via key drivers, with the business community set to get more assistance.
flexible and prudent fiscal policies protecting vietnam

Flexible and prudent fiscal policies protecting Vietnam

The Vietnamese government is making efforts to reach its target for economic growth in 2023 at 6-6.5 per cent this year. Nguyen Ba Hung, principal country economist at the Asian Development Bank (ADB) in Vietnam, talked with VIR’s Thanh Tung about key momentum for the economy towards the year’s end.
pressure to achieve gdp growth of 65 per cent

Pressure to achieve GDP growth of 6.5 per cent

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.
vietnam prepared for production pressures

Vietnam prepared for production pressures

Vietnam’s industrial performance, which is the key economic growth pillar, is facing major challenges coupled with a reduction in business confidence, depressing the country’s economic prospects.
outlooks lowered as weaker trade hampers 2023 growth

Outlooks lowered as weaker trade hampers 2023 growth

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.