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.
stimulation essential to boost demand yet credit vigilance required

Stimulation essential to boost demand, yet credit vigilance required

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.
south korean retailers extend reach

South Korean retailers extend reach

South Korean companies are showing significant interest in Vietnam’s flourishing retail sector, seeking to seize opportunities presented by the nation’s robust economic growth and sizable working-age population.
german investors optimistic about vietnams outlook

German investors optimistic about Vietnam's outlook

German businesses are expressing more confidence in their development and have increasingly positive expectations for economic growth in Vietnam.
nation sticks to its guns over economic growth goals

Nation sticks to its guns over economic growth goals

Steadily holding the economic growth target for 2023, the government has set a prime priority on boosting growth, with brand new solutions ordered to fuel enterprise performance.
ho chi minh city maps out expansion with eight strategic logistics centres

Ho Chi Minh City maps out expansion with eight strategic logistics centres

Ho Chi Minh City aims to drive economic growth by establishing eight strategic logistics centres, totalling over 750 hectares, as part of a long-term development plan that stretches to 2030.
vietnams economic growth is geared towards environmental protection

Vietnam's economic growth is geared towards environmental protection

The national environmental protection plan for the 2021-2030 period, with a vision to 2050, is designed to meet the need for ecological safety and sustainable growth.
vietnam becomes preferred investment destination for japanese corporations

Vietnam becomes preferred investment destination for Japanese corporations

Vietnam has become a top choice for Japanese investors due to its strong economic growth, large consumer base, competitive labour costs, and favourable land rental rates.
key sectors witness rise in performance

Key sectors witness rise in performance

Domestic industrial production has been gradually escaping the slowdown, with economic growth bouncing back over the past six months on the back of government efforts.
vietnams economic growth to recover in h2 imf expert

Vietnam’s economic growth to recover in H2: IMF expert

Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal Affairs Department Paulo Medas has said.
interest rate cut contributes to supporting economic growth economists

Interest rate cut contributes to supporting economic growth: economists

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
top 10 prestigious vietnamese banks in 2023 revealed

Top 10 prestigious Vietnamese banks in 2023 revealed

2023 is seen by the banking industry as a challenging year as they have to continue to share resources and help cushion pressure on businesses amid slowing global economic growth.
public investment deemed key driver for economic growth and inflation control

Public investment deemed key driver for economic growth and inflation control

Rebounds in retail and consumption services and in the disbursement of public investment are expected to put pressure on the country’s efforts to bring inflation under control this year.
ramp up required for nations recovery programme

Ramp-up required for nation’s recovery programme

The slow-paced implementation of the country’s gigantic initiative on socioeconomic recovery and development is affecting efforts to revive corporate performance and promote economic growth.
authorities step up to avert more job losses

Authorities step up to avert more job losses

Amid enterprises facing increased woes undermining economic growth, the government has been recommended to take prompt solutions to prevent growing unemployment.