economic experts mull over best way to aid growth

Economic experts mull over best way to aid growth

Financial experts are weighing up the best options for Vietnam to support the country's still nascent economic growth and ensure financial market stability.
vietnam remains focused on evs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

According to a recent HSBC report, Vietnam is advancing its green energy transition rapidly while prioritising electric vehicles (EVs) as a key driver of sustainable economic growth.
key driver gains a must for growth

Key driver gains a must for growth

Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.
core principles of growth still apply

Core principles of growth still apply

Five decades of development progress and lessons for the future Vietnam has achieved much progress in economic growth over the past decades. Jonathan Pincus, senior international economist at the United Nations Development Programme in Vietnam, analyses how the economy has grown and offers lessons for the future.
downside risks being felt on vietnams growth path

Downside risks being felt on Vietnam’s growth path

Vietnam is forecast to face massive difficulties in domestic production recovery and external demand, which remain feeble, with lower-than-expected economic growth this year.
adb forecasts 6 per cent growth for vietnam

ADB forecasts 6 per cent growth for Vietnam

According to the Asian Development Outlook released by the Asian Development Bank (ADB) on April 11, slowing global demand and high international interest rates hampered Vietnam’s growth last year, yet Vietnam's economy is expected to grow 6 per cent in 2024 and 6.2 per cent in 2025.
vietnams economic growth expected to pick up in 2024

Vietnam's economic growth expected to pick up in 2024

Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent growth in 2023, on the back of improving external demand, a pickup in domestic demand, and robust foreign direct investment (FDI) inflows, according to a report by the ASEAN+3 Macroeconomic Research Office (AMRO) released on April 9.
investment shift reflects evolving economic arena

Investment shift reflects evolving economic arena

Vietnam’s economy is expected to continue its success this year as it reinforces its position as a magnet for foreign investors. Lim Dyi Chang, head of commercial banking at UOB Vietnam, spoke with VIR’s Vinh Thanh about the 2024 outlook of Vietnam’s economic growth and how the country climbs up the foreign investment ladder.
ooolab highlights urgent need for upskilling

OOOLAB highlights urgent need for upskilling

It’s no secret that AI presents immense opportunities and significant challenges, particularly for the global workforce. While AI promises to revolutionise industries and boost economic growth, it also carries the potential for substantial job displacement.
more feasible solutions warranted for growth

More feasible solutions warranted for growth

A new scheme to support enterprises amid ongoing difficulties has been tabled, amid the government finding ways to reach desired economic growth.
uttc cuts thailands growth forecast this year to 26 per cent

UTTC cuts Thailand’s growth forecast this year to 2.6 per cent

The Centre of Economic and Business Forecasting of the University of the Thai Chamber of Commerce (UTTC) on March 19 forecast that Thailand’s economic growth for 2024 would be 2.6 per cent, down from its earlier projection of 3.2 per cent due to the fragile economic recovery, a slowdown in private investment, the weak purchasing power of the consumers and delayed disbursement of the 2024 budget.
strong demand for high quality drugs at reasonable prices

Strong demand for high-quality drugs at reasonable prices

As Vietnam experiences robust economic growth alongside a rapidly ageing population, the demand for pharmaceuticals and modern healthcare treatments has surged, with health expenditure in Vietnam witnessing an on-average growth rate of 11 per cent per year over the past decade.
productivity must play bigger role

Productivity must play bigger role

Financial institutions are urging Vietnam to improve its labour productivity, which is key to ensuring economic growth at a more sustainable pace.
acca report outlines sme agendas for esg

ACCA report outlines SME agendas for ESG

In 2024, the landscape for small and medium-sized enterprises is both promising and challenging. In the heart of Southeast Asia, Vietnam stands at the forefront of economic growth, and has set ambitious growth targets for 2024.
dedicated policies driving transport development plans

Dedicated policies driving transport development plans

Based on the disbursement of public investment and construction of transport infrastructure projects in 2023, Tran Quoc Phuong, Deputy Minister of Planning and Investment, points out solutions to accelerate spending in 2024 as a driving force for economic growth.