Zooming ahead in sustainable economic growth – digitally

Zooming ahead in sustainable economic growth – digitally

Over the past three decades, Vietnam’s socioeconomic growth has been a remarkable success story. However, rapid economic development and industrialisation has come at a cost. Energy consumption has tripled over the past decade, making Vietnam one of the most energy intensive countries in East Asia. Greenhouse gas (GHG) emissions are increasing rapidly and expected to triple by 2030.
Economic momentum in 2021 takes a knock

Economic momentum in 2021 takes a knock

Prolonged social distancing in many localities have led to lower-than-expected economic growth for the first nine months, but with the accelerated vaccine rollout, the economy is expected to gain growth momentum soon.
Economic status hinges on reopening

Economic status hinges on reopening

Protecting lives and maintaining economic growth in a careful balancing act, the government’s pace of economic reopening will define Vietnam’s economic outlook and foreign investment prospects.
More pertinent than ever to drop economic wastefulness

More pertinent than ever to drop economic wastefulness

Worried about the national financial situation, the National Assembly and the government have continued underscoring the stringent management of the state coffers this year, when there will be a big budget deficit caused by a rise in spending due to the pandemic and a reduction in revenue from enterprises.
Banking stability playing key role in economic health

Banking stability playing key role in economic health

The first half of this year has come and gone, with a very interesting case on why banks still bear fruit with upbeat business results during a difficult time for the economy.
Public investment hike cited for stellar economic recovery

Public investment hike cited for stellar economic recovery

The domestic economy has been gradually escaping from a slowdown, with growth bouncing back over the past three months thanks to the government’s efforts to curb the pandemic..
The moves to take in order to help firms ride economic wave

The moves to take in order to help firms ride economic wave

The prolonged pandemic is negatively impacting businesses because of reduced demand for goods and services due to shutdowns and resulting declines in employment and incomes..
Using past lessons to build the future

Using past lessons to build the future

Over the past 46 years, Vietnam has weathered numerous difficulties in the economic sphere. Raymond Mallon, a senior economic expert based in Vietnam, provides perspective on how the economy has performed since national reunification in 1975, and analyses the key factors and measures that might help Vietnam achieve its objective of becoming a developed nation by 2045.
Market upgrade prospects favourable

Market upgrade prospects favourable

Under a favourable economic backdrop, multiple trade agreements, and supportive fiscal and monetary policies, Vietnam’s economic recovery is expected to remain strong.
Staying on track for economic stability

Staying on track for economic stability

Over the past five years, the banking sector implemented many solutions and made important contributions to national socioeconomic development, and last year the sector’s activities helped to remove difficulties for people and businesses affected by the g
Enacting long-term reforms for strong economic recovery

Enacting long-term reforms for strong economic recovery

As the global economy is still mostly struggling with the health crisis, the start in 2021 is overshadowed by the hurdles of the previous year. Nevertheless, Vietnam may regain traction in economic growth.
Potential in reach to become decade’s stand-out performer

Potential in reach to become decade’s stand-out performer

Vietnam gained remarkable achievements in economic development in 2020, although this was a turbulent year for the entire world.
New economic priorities for a new year

New economic priorities for a new year

Despite no signals of an end to the global health crisis, the Vietnamese government is continuing to demonstrate its patience and efforts to drive the economy forward, with a new target for growth and wider solutions to improve national competiveness and create new space for enterprises to flourish.
Building on economic resilience for the future

Building on economic resilience for the future

Since the beginning of its reform in the late 1980s, Vietnam has achieved extraordinary results in its economic development.
PM requests economic recovery be accelerated

PM requests economic recovery be accelerated

All-level authorities and sectors need to adopt recovery acceleration plans for the remaining two months of the year for the country to record annual growth of 2-3 percent, Prime Minister Nguyen Xuan Phuc said at the Government’s monthly meeting on October 30.
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