gdp growth boosting stock market in second half

GDP growth boosting stock market in second half

Anticipated GDP growth for the rest of 2024 is expected to drive the Vietnamese stock market upwards in the coming months.
foreign invested enterprises turn attention to vietnams domestic market

Foreign-invested enterprises turn attention to Vietnam’s domestic market

Foreign-invested enterprises are shifting their focus to Vietnam's lucrative domestic market, driven by its large population and high GDP growth.
hsbc raises vietnams 2024 gdp growth forecast to 65 per cent

HSBC raises Vietnam's 2024 GDP growth forecast to 6.5 per cent

HSBC has raised its 2024 GDP growth forecast for Vietnam to 6.5 per cent (from 6.0 per cent) and maintained its 2025 GDP estimate at 6.5 per cent.
vietnams growth recovery exceeds expectations

Vietnam’s growth recovery exceeds expectations

Vietnam’s GDP growth in the second quarter of 2024 rose to 6.9 per cent on-year, up from 5.7 per cent in the first quarter. The acceleration was driven by both the manufacturing and services sectors, highlighting economic resilience.
european businesses express cautious optimism

European businesses express cautious optimism

Despite the country's robust first-half GDP growth, the EuroCham's Business Confidence Index (BCI) experienced a marginal decline from 52.8 points in the first quarter to 51.3 points in the second quarter of 2024, underscoring cautious optimism among the European business community.
gdp growth reaches 642 pc in first half

GDP growth reaches 6.42 pc in first half

Vietnam's economy grew by 6.42 pc in the first six months of 2024, slightly lower than the figure of 6.58 pc in the same time of 2022 within the 2020-2024 period.
economic recovery momentum continues into second quarter

Economic recovery momentum continues into second quarter

UOB (United Overseas Bank) expects GDP growth to pick up to 6 per cent in the second quarter of 2024, extending the 5.66 per cent gain seen in the first quarter, and has maintained its growth forecast for Vietnam at 6 per cent for 2024.
standard chartered revises down vietnams 2024 gdp growth forecast to 6 per cent

Standard Chartered revises down Vietnam's 2024 GDP growth forecast to 6 per cent

Standard Chartered Bank has lowered its 2024 GDP growth forecast for Vietnam to 6 per cent from the previous 6.7 per cent due to lower-than-expected Q1 growth and global trade headwinds.
pm outlines 10 socioeconomic achievements in first quarter

PM outlines 10 socioeconomic achievements in first quarter

Prime Minister Pham Minh Chinh highlighted 10 socioeconomic development achievements in the first quarter of the year, at the regular government meeting and online conference with cities and provinces yesterday on April 3.
vietnams 40 years of doi moi and a 2045 vision highlighted

Vietnam's 40 years of doi moi and a 2045 vision highlighted

Australian and Vietnamese experts are collaborating to conduct a research series on 40 years of the doi moi policy and the country’s progress towards high-income status by 2045.
gdp growth in first quarter to ease to 55 per cent uob

GDP growth in first quarter to ease to 5.5 per cent: UOB

UOB (United Overseas Bank) has maintained its growth forecast for Vietnam at 6 per cent for 2024 and expects GDP growth to ease to 5.5 per cent in the first quarter, due to the Lunar New Year holiday effect.
kon tum eyes highest regional gdp growth in central highlands

Kon Tum eyes highest regional GDP growth in Central Highlands

For 2023, regional GDP for Kon Tum province is estimated to hit $802 million, growing 7.32 per cent on-year and ranking 22nd in the country and first in the Central Highlands region.
economy set for further rebound in q4

Economy set for further rebound in Q4

Vietnam’s GDP growth accelerated further to 5.33 per cent on-year in the third quarter (Q3), from 4.14 per cent in Q2. This was due to improvements in trade, manufacturing, and domestic activities, after an underperforming first half of 2023, according to the United Overseas Bank (UOB).
citi ceo speaks of monumental shift in global trade

Citi CEO speaks of 'monumental shift' in global trade

The Asia-Pacific Economic Cooperation (APEC) intergovernmental forum brings together 21 economies from around the Asia-Pacific region to collaborate on the shared goal of creating a more open, resilient, sustainable, and peaceful future for the people of the world’s most dynamic region.
vietnam among top 20 fastest growing economies in 2024

Vietnam among top 20 fastest-growing economies in 2024

Vietnam is projected to be one of the top 20 fastest-growing economies in 2024, witth anticipated GDP growth of 5.8 per cent in the year, according to the International Monetary Fund (IMF).