vietnam embracing digital economy

Vietnam embracing digital economy

From 2024, Vietnam will officially measure the added value proportion of the digital economy on the country’s GDP. Nguyen Thi Huong, director general of General Statistics Office (GSO) under the Ministry of Planning and Investment, spoke with VIR's Manh Bon about the country's current digital economy.
global banks high on gdp prospects

Global banks high on GDP prospects

With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.
2024 growth prospects through expert lens

2024 growth prospects through expert lens

Le Trung Hieu, deputy director general of the General Statistics Office, has scrutinised Vietnam’s development landscape in 2023, as well as the factors underpinning the country’s efforts to achieve its 6-6.5 per cent growth projection for 2024.
vietnamese economy expands 505 per cent in 2023 gso

Vietnamese economy expands 5.05 per cent in 2023: GSO

Vietnam’s gross domestic product (GDP) growth rate is estimated at 5.05 per cent in 2023, the General Statistics Office (GSO) announced on December 29.
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.
green hydrogen market pursued

Green hydrogen market pursued

Promoting a green hydrogen ecosystem has the potential to annually contribute over $40 billion to GDP and generate over 40,000 jobs for the Vietnamese economy.
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).
vietnam hopes to promote energy transition from green hydrogen

Vietnam hopes to promote energy transition from green hydrogen

The green hydrogen ecosystem based on renewable energy is expected to contribute $40-$45 billion to Vietnam's GDP each year, according to the National Green Hydrogen Summit on October 28.
standard chartered adjusts vietnams 2023 gdp growth forecast to 5 per cent

Standard Chartered adjusts Vietnam's 2023 GDP growth forecast to 5 per cent

In its latest macroeconomic report, Standard Chartered has revised down Vietnam's GDP growth for 2023 to 5 per cent, citing weaker-than-expected performance and a challenging global economic landscape, while suggesting stronger recovery indicators in specific sectors and a need for continued vigilance in terms of monetary policy.
slow real estate development not the principal factor depressing vietnams gdp growth

Slow real estate development not the principal factor depressing Vietnam’s GDP growth

The statement was made by Michael Kokalari, chief economist of VinaCapital, on October 23 as he highlighted that the situation in Vietnam’s real estate market is completely different from China’s.
reform across the board for quang ninh

Reform across the board for Quang Ninh

Over past years, the northeastern province of Quang Ninh has been winning plaudits for its non-stop efforts to modernise.
vietnams economic growth projected at 47 per cent in 2023

Vietnam's economic growth projected at 4.7 per cent in 2023

The Vietnamese economy is forecast to grow by 4.7 per cent in 2023, before rebounding to 6 per cent in 2024, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
vietnams gdp grows 424 per cent in january september

Vietnam’s GDP grows 4.24 per cent in January-September

Vietnam’s gross domestic product (GDP) increased by 4.24 per cent year-on-year in the first nine months of 2023. While the rate only exceeds the figures recorded in 2020 and 2021, which were significantly affected by COVID-19, it is still seen as a positive outcome, according to the General Statistics Office.