Vietnam records positive economic growth in seven months

Vietnam records positive economic growth in seven months

Despite numerous difficulties and challenges from complicated and unpredictable global developments over the first seven months of this year, Vietnam's economy continued to record positive outcomes thanks to the effective implementation of the Government's resolutions to promote growth.
Robust growth registered in foreign trade

Robust growth registered in foreign trade

The total import-export turnover reached $439.88 billion in the first seven months, an increase of 17.1 per cent compared to the same period last year, with exports and imports rising by 15.7 per cent and 18.5 per cent respectively.
Gov’t unveils action plan to accelerate industrialisation

Gov’t unveils action plan to accelerate industrialisation

The Vietnamese Government has outlined a comprehensive action plan to continue fasttracking the country's industrialisation and modernisation by 2030, with a long-term vision extending to 2045.
Positive growth scenarios within reach

Positive growth scenarios within reach

Despite massive lingering challenges, domestic industrial production has been gradually escaping from a slowdown, with economic growth bouncing back over the past six months by dint of the government’s efforts to help businesses.
Media urged to improve for economy

Media urged to improve for economy

The media has been playing an active role in shaping a healthier business and investment climate, and supporting the government in formulating sound policies.
Vietnam among six ASEAN countries with good economic growth: Maybank

Vietnam among six ASEAN countries with good economic growth: Maybank

The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5 per cent and 4.7 per cent in 2024 and 2025, respectively, from 4 per cent in 2023, according to Maybank Research Pte Ltd forecast.
GDP likely to meet NA growth target

GDP likely to meet NA growth target

Hoang Van Cuong, member of the National Assembly’s Finance and Budget Committee, assessed Vietnam's economic landscape.
Key driver gains a must for growth

Key driver gains a must for growth

Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.
ADB forecasts 6 per cent growth for Vietnam

ADB forecasts 6 per cent growth for Vietnam

The Asian Development Bank has forecasted Vietnam's economy to grow by 6 per cent this year and 6.2 per cent in 2025.
Vietnam's economic growth expected to pick up in 2024

Vietnam's economic growth expected to pick up in 2024

Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent in 2023.
Productivity must play bigger role

Productivity must play bigger role

Financial institutions are urging Vietnam to improve its labour productivity, which is key to ensuring economic growth at a more sustainable pace.
Significant reasons to be optimistic on growth

Significant reasons to be optimistic on growth

It is certainly easy to be pessimistic about the Year of the Dragon in Vietnam. Inflation seems to remain stubbornly high, the real estate market appears to be in a holding pattern..
Positive vibe covers growth prospects

Positive vibe covers growth prospects

Positive economic growth last year is expected to pave the way for higher performance this year, according to high-profile organisations’ fresh forecasts.
Big city focal point creating an economic digital divide

Big city focal point creating an economic digital divide

The latest e-Conomy Southeast Asia report “Reaching New Heights, Navigating the Path to Profitable Growth” sheds light on the digital economy in the region. Marc‌ ‌Woo‌, managing‌ ‌director‌ for Vietnam at Google Asia-Pacific, spoke with VIR’s Hai Van about the findings.
Plan adoption acknowledges likely issues

Plan adoption acknowledges likely issues

Vietnam’s socioeconomic development path for 2024 has taken shape, with a need to devise more schemes to boost industrial production and improve domestic consumption given global ongoing economic difficulties undermining the country’s exports.
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