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.
citi estimates robust macro prospects heading into 2025

Citi estimates robust macro prospects heading into 2025

Citi’s mid-year research on Vietnam’s economic outlook has affirmed its initial projections for the country.
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.
vietnam sees fastest growth in millionaires globally

Vietnam sees fastest growth in millionaires globally

Vietnam saw the fastest growth in millionaires globally between 2013 and 2023, with a 98 per cent increase in the number of individuals with a net worth of over $1 million.
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.
6 per cent growth in gdp achievable says shinhan expert

6 per cent growth in GDP achievable, says Shinhan expert

Bui Thi Thao Ly, head of Research at Shinhan Securities Vietnam, talked with VIR's Thuy Vinh about the factors instrumental to an improved stock market performance for the second half of the year.
domestic exports continue to flourish

Domestic exports continue to flourish

Vietnam is in the top 14 countries with the highest export/GDP ratio in the world. The exports in the remaining months of 2024 are forecast to continue increasing.
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.
vietnam among six asean countries with good economic growth maybank

Vietnam among six ASEAN countries with good economic growth: Maybank

The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5 per cent and 4.7 per cent in 2024 and 2025, respectively, from 4 per cent in 2023, according to Maybank Research Pte Ltd forecast.
gdp likely to meet na growth target

GDP likely to meet NA growth target

Hoang Van Cuong, member of the National Assembly’s (NA) Finance and Budget Committee, assessed Vietnam's economic landscape following the first full quarter of 2024, and the country's growth prospects for the rest of the year.
targeted support can increase prospects for vehicle industry

Targeted support can increase prospects for vehicle industry

In many countries around the world, the automobile industry plays an important role in the national economy. It greatly contributes to the nation’s GDP and creates millions of jobs for people. At present, Vietnam needs effective and practical solutions to develop its industry further.
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.
vir hosting talk show on the stock market stability and sustainability

VIR hosting talk show on the stock market stability and sustainability

VIR hosted a talk show on April 4 about the stock market's prospects in 2024.