Digital economy likely to contribute 25.5pc to Malaysia’s GDP by 2025: Minister
May 19, 2023 | 09:51
Digital economy is expected to contribute 25.5 per cent to Malaysia’s Gross Domestic Product (GDP) in 2025, and the country will attract major investments to data centres, innovation, and digital economy in the next few months, said Minister of Communications and Digital Fahmi Fadzil.
Fostering industrial success through institutional growth
May 04, 2023 | 09:00
If internal issues are resolved, Vietnam can reach its objective of increasing industry’s contribution to GDP to over 40 per cent by 2030.
Hung Yen leaps in Provincial Competitiveness Index
April 12, 2023 | 10:43
Hung Yen has continued to improve its position in the Provincial Competitiveness Index (PCI) in 2022, ranking 14th out of the 63 cities and provinces.
Growth goals take hit after tricky Q1
April 04, 2023 | 08:00
Despite a gradual rebound in retail and consumption, lingering difficulties since Q4 last year are expected to continue making dents in economic growth of 2023, with industrial production declining in the first months of the year.
High pedestal to reach for 2023’s growth ambitions
March 23, 2023 | 09:00
A series of risks including a reduction in domestic production and global demand, and heightened geopolitical complexity are expected to make it more difficult for Vietnam to reach its economic growth indicators this year.
Focused spending can set a solid base for positive outcome
March 23, 2023 | 08:00
The GDP objective in 2023 is 6.5 per cent, and inflation below 4.5 per cent, given that the global economy will continue to fluctuate with the threat of a national recession.
Scenarios set for government’s growth ambitions
February 22, 2023 | 10:00
Increases in domestic consumption, production, and foreign direct investment are set to enable the economy to achieve its growth target this year.
Tactics bulked up to meet tourism targets
February 16, 2023 | 16:22
With a target of $28.3 billion in revenue, contributing 5 per cent of the country’s GDP, Vietnam’s tourism sector needs a clear strategy if it is to have a successful 2023.
Strength to strength in EU relations
February 08, 2023 | 10:37
The EU-Vietnam Free Trade Agreement (EVFTA) has helped elevate trade and investment ties between Vietnam and the EU since it took effect in August 2020. Giorgio Aliberti, Ambassador and Head of the European Union Delegation to Vietnam, writes about how the EVFTA has contributed to this cooperation, and concerns from the EU side regarding the implementation process.
Economy buckles up for bumpy year
February 08, 2023 | 09:58
With a slow performance since last October, domestic industrial production for the first quarter of this year is expected to remain low, with the economy set to face more difficulties this year, according to a slew of recent estimates.
Vietnam’s retail sales forecast to reach 350 billion USD by 2025
February 03, 2023 | 11:04
The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
Anticipated GDP growth rate for 2022 hits 8.02 per cent
December 29, 2022 | 10:36
This is the highest growth rate in over a decade, indicating a robust economic rebound this year.
Digital economy hoped to make up 20pc of Vietnam’s GDP by 2025
December 23, 2022 | 11:58
Vietnam expects its digital economy to account for 20 percent of GDP by 2025.
Acceleration sought for socioeconomic recovery
November 14, 2022 | 11:42
The national Plan on Socioeconomic Development next year may not reach its desired growth goal if risks continue lingering and the country’s hallmark scheme on recovery keeps its existing slow pace in implementation.
Manoeuvering safely amid global adversity
October 21, 2022 | 08:00
Despite a high growth forecast for this year thanks to several advantages, the government is taking great caution setting a growth target for 2023 due to numerous lingering challenges.
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