November 05, 2021 | 20:22
Vietnam must consistently invest a larger share of national income if it is to achieve the targets set out in the ten-year development strategy of achieving upper middle-income status by 2030 and high-income status by 2045, while coping with formidable challenges of COVID-19, according to Professor Jonathan Pincus, UNDP Senior International Economist.
October 29, 2021 | 20:00
Lower-than-expected economic growth this year may undermine the country’s efforts to reach its medium-term goals. The National Assembly and the government will therefore provide further assistance to struggling businesses and create new space for the private sector to flourish.
October 14, 2021 | 10:04
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.
October 13, 2021 | 22:48
Vietnam is expected to see an average inflation rate below its target of 4 per cent this year as economic growth slows due to stunted production and consumption.
September 09, 2021 | 09:00
A continued trade deficit over the past few months and an expected drop caused by the global health crisis in inflows of foreign investment are unlikely to weaken Vietnam’s external position this year.
August 26, 2021 | 08:00
To help achieve its desired economic growth target, the National Assembly Standing Committee is expected to sign off on a new fiscal initiative that will aim to benefit the business community and individuals. However, exactly how this scheme will spur on domestic production remains in question.
July 16, 2021 | 13:58
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.
July 16, 2021 | 08:00
Despite enormous difficulties remaining due to the COVID-19 crisis causing disruptions in supply chains, domestic industrial production has continued bouncing back, promising a brighter picture for economic growth.
July 07, 2021 | 07:00
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..
July 02, 2021 | 11:19
Despite lower-than-expected economic growth for the first half of the year, the government has yet to propose a plan to the National Assembly to adjust the growth target for the whole year..
June 19, 2021 | 09:00
The country’s economic growth in the first half of the year is expected to remain lower than expected due to the pandemic affecting production and business.
June 11, 2021 | 19:22
Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.
May 28, 2021 | 10:00
Production activities in Vietnam are on the rise, promising to further spur on economic growth.
April 24, 2021 | 10:00
With its relatively good economic growth in the first quarter driven by surging manufacturing and processing activities and strong control of COVID-19, Vietnam has earned more praise from high-profile international organisations that are expected to revise up the country’s growth outlook this year.
February 20, 2021 | 11:24
Foreign direct investment plays an important role in Vietnam's economic growth.