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.
Industrial production shores up post-pandemic prospects

Industrial production shores up post-pandemic prospects

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.
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..
Stimulus sustained to ensure business performance revival

Stimulus sustained to ensure business performance revival

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..
Positive factors in place for economic growth in 2021

Positive factors in place for economic growth in 2021

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.
Vietnam capable of achieving twin targets: ADB Country Director

Vietnam capable of achieving twin targets: ADB Country Director

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.
Transitioning from recovery to growth

Transitioning from recovery to growth

Production activities in Vietnam are on the rise, promising to further spur on economic growth.
Positive growth revisions on the cards after resilient Q1

Positive growth revisions on the cards after resilient Q1

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.
Foreign direct investment spurs economic growth in Vietnam (Infographics)

Foreign direct investment spurs economic growth in Vietnam (Infographics)

Foreign direct investment plays an important role in Vietnam's economic growth.
Annual targets for 2021 tough but achievable

Annual targets for 2021 tough but achievable

The rate of public investment disbursement in 2020 was the highest in the last five years, contributing to enhancing economic growth and enabling Vietnam to be one of the highest-growth economies worldwide.
Growth goals remain on track as coronavirus rears head

Growth goals remain on track as coronavirus rears head

The government has intensified  measures to bring the health crisis under control and ensure positive economic growth this year.
Positive growth trajectory likely

Positive growth trajectory likely

The expected economic growth rate for next year may not be out of reach if a surge in local production and exports, as well as public investment, materialises.
Budget rise to cushion country’s growth hopes

Budget rise to cushion country’s growth hopes

With an expected economic growth rate of 2-3 per cent this year, the National Assembly has decided on a rise in budget deficit in order to ensure state budget spending, amid enterprise revenues being hit by the health crisis.
Asia Times highlights Vietnam’s positive economic growth

Asia Times highlights Vietnam’s positive economic growth

Vietnam will be one of the few nations worldwide to record positive economic growth in 2020 despite a global collapse in trade, travel and investment caused by the COVID-19 pandemic, according to an article recently published by the English language news media publishing group Asia Times.
Hanoi considers adjustments to public investment plans

Hanoi considers adjustments to public investment plans

The Hanoi People’s Council held its 17th meeting on November 10 to consider and decide upon issues relating to public investment plans.
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