Remittance fee drop could boost economy

Remittance fee drop could boost economy

Experts have recommended that Vietnamese banks collaborate with foreign institutions to reduce remittance fees, as remittances remain one of the most vital financial sources for the country, especially for Ho Chi Minh City.
Vietnam's economy forecasted to reach $500 billion by 2025

Vietnam's economy forecasted to reach $500 billion by 2025

Vietnam's economy is projected to reach $500 billion in 2025, a 1.45-fold increase from 2020.
Capital injection accelerated into Vietnam’s economy

Capital injection accelerated into Vietnam’s economy

The decline in the exchange rate has given the State Bank of Vietnam more room to ease monetary policy, injecting capital into the economy to meet the credit growth target, stimulate domestic investment, and aid post-typhoon recovery.
Vietnamese economy forecast to grow by over 6 per cent in 2024

Vietnamese economy forecast to grow by over 6 per cent in 2024

Vietnam's economy continues to gain momentum, led by the recovery of export demand and overseas investment.
Vietnam growth drivers travelling in right direction

Vietnam growth drivers travelling in right direction

Vietnam’s economy has achieved significant progress over the past eight months, receiving positive recognition from international organisations and businesses. The macroeconomy remains stable, inflation is under control, and major balances have been maintained.
FDI remains high despite global change

FDI remains high despite global change

Despite economic turbulence, Vietnam is emerging with a stable growth rate and is ripe for investment.
Economy continues optimistic trend

Economy continues optimistic trend

Vietnam’s industrial production, which has been grappling with ongoing challenges, is showing signs of recovery, with this positive trend expected to continue until the end of the year.
Vietnam to remain among fastest-growing countries in Southeast Asia

Vietnam to remain among fastest-growing countries in Southeast Asia

Vietnam is forecast to post breakout growth as the fastest-growing economy in Southeast Asia over the next decade.
Vietnam’s economy to pick up pace in 2024

Vietnam’s economy to pick up pace in 2024

Vietnam’s economy is maintaining solid growth momentum in 2024 amid global macroeconomic and geopolitical uncertainties.
Banks pump over 18.88 billion USD into economy in June

Banks pump over 18.88 billion USD into economy in June

Banks lent more than 480 trillion VND (18.88 billion USD) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6 per cent to the end of Q2.
First off-site session of Eastern Economic Forum held in Vietnam

First off-site session of Eastern Economic Forum held in Vietnam

Representatives from Russia and Vietnam gathered at an off-site session of the Eastern Economic Forum in Ho Chi Minh City on July 4.
Thailand intensifies AI policy to transform economy

Thailand intensifies AI policy to transform economy

Thailand’s Ministry of Higher Education, Science, Research and Innovation (MHESI) is introducing its "MHESI for AI" policy, aiming to empower Thais to use artificial intelligence for national development.
Vietnam's economy in first two months of 2024

Vietnam's economy in first two months of 2024

In the first two months of 2024, economic indicators paint a dynamic picture for Vietnam with the Consumer Price Index (CPI) surging by an average of 3.67 per cent, core inflation increasing by 2.84 per cent and total registered foreign investment reaching nearly 4.29 billion USD.
Higher growth possible with effort

Higher growth possible with effort

Amid big difficulties, the Vietnamese economy is expected to continue bouncing back with a boost in domestic consumption and production, which are among priorities set by the government to hit its new growth goals.
Vietnam’s economy remains a bright spot in 2023

Vietnam’s economy remains a bright spot in 2023

The trend towards economic recovery continued in Vietnam, with each successive month revealing further improvements over the previous month and each subsequent quarter surpassing the prior quarter.
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