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.
Agricultural sector serves as important economic driver

Agricultural sector serves as important economic driver

The agricultural sector has proven to be a vital driver of the national economy over the year to date.
Public spending rise may become catalyst

Public spending rise may become catalyst

Vietnam’s attraction of investment and economic growth are being undermined by a lack of high-quality infrastructure works that require more funding from the government.
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.
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.
Pressure to achieve GDP growth of 6.5 per cent

Pressure to achieve GDP growth of 6.5 per cent

Amidst the challenges in the US and EU markets, and a slower than expected recovery in China, Vietnam is facing more pressure to drive domestic growth.
Vietnam prepared for production pressures

Vietnam prepared for production pressures

Vietnam’s industrial performance, which is the key economic growth pillar, is facing major challenges coupled with a reduction in business confidence, depressing the country’s economic prospects.
Temporary slowdown projected for general economy

Temporary slowdown projected for general economy

Despite the Vietnamese government making its great efforts to reach 6.5 per cent in economic growth this year, it will be an uphill struggle.
Vietnam's economic growth is geared towards environmental protection

Vietnam's economic growth is geared towards environmental protection

The national environmental protection plan for the 2021-2030 period, with a vision to 2050, is designed to meet the need for sustainable growth.
Vietnam’s economic growth to recover in H2: IMF expert

Vietnam’s economic growth to recover in H2: IMF expert

Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal Affairs Department Paulo Medas has said.
Interest rate cut contributes to supporting economic growth: economists

Interest rate cut contributes to supporting economic growth: economists

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
Public investment deemed key driver for economic growth and inflation control

Public investment deemed key driver for economic growth and inflation control

Rebounds in retail and consumption services and in the disbursement of public investment are expected to put pressure on the country’s efforts to bring inflation under control this year.
Ramp-up required for nation’s recovery programme

Ramp-up required for nation’s recovery programme

The slow-paced implementation of the country’s gigantic initiative on socioeconomic recovery and development is affecting efforts to revive corporate performance and promote economic growth.
Struggling global outlook dampens growth prospects

Struggling global outlook dampens growth prospects

The National Assembly has asked the government to apply more sturdy solutions to boost economic growth currently slowing down.
Slow recovery puts dent in export figures

Slow recovery puts dent in export figures

Feeble global demands for consumption are expected to continue, making it hard for Vietnam to boost exports this year.
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