Thailand, Japan vow to boost economic ties

Thailand, Japan vow to boost economic ties

Japanese Foreign Minister Kamikawa Yoko and her Thai counterpart Parnpree Bahiddha-Nukara agreed on October 12 in Bangkok, Thailand that the two countries will enhance economic cooperation.
Economic conditions taint consumer finance prospects

Economic conditions taint consumer finance prospects

The challenges facing the consumer finance sector have become evident this year, as numerous companies reported declining business results in the first half.
Prudently addressing Vietnam’s economic liquidity

Prudently addressing Vietnam’s economic liquidity

Vietnam’s economic growth has been slowing since November 2022. This prolonged decline is unusual for Vietnam compared to previous crisis cycles. The Purchasing Managers’ Index has remained very low since then, at 46.4 points, slowly approaching 49 points in July and reaching 50.5 points last month, except for February this year during the Lunar New Year holiday.
Vietnam’s economic performance in the first 8 months of 2023

Vietnam’s economic performance in the first 8 months of 2023

Vietnam’s average CPI increased by 3.1 per cent in the first eight months of 2023, while foreign investment rose 8.2 per cent and foreign visitors grew 5.4-fold.
Economic targets set in National Master Plan

Economic targets set in National Master Plan

Under the National Master Plan for 2021-2030 with a vision to 2050, Vietnam strives to reach a GDP growth rate of approximately 7 percent per year during the 2021-30 period. By 2030, GDP per capita at current prices is expected to be around 7,500 USD.
Dynamism part of growth ambitions

Dynamism part of growth ambitions

Based on the achievements so far of the year, Deputy Minister of Planning and Investment Tran Quoc Phuong told VIR’s Nguyen Huong about the current difficulties in the economy, and measures to reach goals set for the year.
New economic challenges and competition expected

New economic challenges and competition expected

Despite good signals on economic recovery, there are many uncertainties that can affect Vietnam.
Heavy tasks set up to reach growth goals

Heavy tasks set up to reach growth goals

The government is placing prime priority on boosting economic growth via key drivers, with the business community set to get more assistance.
Headwinds weakening Vietnam’s economic recovery

Headwinds weakening Vietnam’s economic recovery

Vietnam’s GDP growth was only 3.32 per cent in the first quarter compared to the same quarter of the previous year. Growth accelerated in the second quarter but only to 4.14 per cent – very far from the rapid pace of 7-8 per cent annually before 2020.
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.
Economic momentum softens heading into 2024

Economic momentum softens heading into 2024

Economic difficulties have resulted in international organisations lowering their growth forecast for Vietnam, though it still has the highest growth in the region.
Spending increases as Vietnam tackles external headwinds

Spending increases as Vietnam tackles external headwinds

Despite a state budget surplus in the first five months, economic headwinds have put a dent in revenues across all economic sectors, with government coffers being hit.
Key economic pillar issues tackled head-on

Key economic pillar issues tackled head-on

The government will continue enacting new business solutions in a bid to spur economic growth, which struggled in the first quarter.
Economic growth and market upgrade to draw capital

Economic growth and market upgrade to draw capital

The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.
The keys to economic momentum

The keys to economic momentum

Key experts spoke to VIR about the outlook for the years ahead.
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