Indonesia’s inflation could surpass GDP growth

Indonesia’s inflation could surpass GDP growth

Indonesia could potentially record higher inflation than economic growth in the third quarter of this year, said Coordinating Minister for Economic Affairs, Airlangga Hartarto on September 14.
Standard Chartered Bank forecasts Vietnam’s Q3 GDP growth at 10.8 per cent

Standard Chartered Bank forecasts Vietnam’s Q3 GDP growth at 10.8 per cent

Standard Chartered Bank forecasts Vietnam’s GDP growth for Q3 and Q4 at 10.8 per cent and 3.9 per cent, respectively, taking full-year growth to 6.7 per cent. High global oil prices may have negative consequences on the economy.
New space vital for digital overhaul

New space vital for digital overhaul

In order to develop, it is necessary to have new development space – and digital transformation creates this. In China in 2020, the digital economy made up nearly 40 per cent of GDP, while the threshold in Vietnam in 2021 was 11-12 per cent. This means there is big development space to grow, and Vietnam targets that the digital economy will account for 20 per cent of GDP by 2025, or 20-25 per cent growth annually.
Shoring up the economy with recovery programme

Shoring up the economy with recovery programme

Growth in GDP is forecast at 6.5 per cent in 2022 and 6.7 per cent in 2023, a rebound made possible by Vietnam’s high COVID-19 vaccination coverage, the shift to a more flexible pandemic containment approach, expanding trade, and the government’s Economic Recovery and Development Programme (ERDP).
Vietnam’s corporate bond market to reach 20 per cent of GDP by 2025

Vietnam’s corporate bond market to reach 20 per cent of GDP by 2025

The Vietnam Bond Market Association estimates that outstanding the debt of the corporate bond market reached 15 per cent of GDP at the end of 2021.
Standard Chartered anticipates accelerated recovery in Q2

Standard Chartered anticipates accelerated recovery in Q2

In its recent study, Standard Chartered maintains its GDP growth forecast for Vietnam at 6.7 per cent, as the bounce in economic indicators has become broader.
Cooperatives the “only way forward” for efficient growth

Cooperatives the “only way forward” for efficient growth

New collective and cooperative economic models applying Industry 4.0 and international economic integration are being strongly developed to increase their contribution to the country’s GDP.
Vietnam new Asian tiger: Business Times

Vietnam new Asian tiger: Business Times

Vietnam is expected to accelerate its economic recovery from the pandemic this year after having recorded a 2.6 percent increase in gross domestic products (GDP) in 2021, Singapore’s Business Times reported.
A new vision for nation’s resurgence

A new vision for nation’s resurgence

Based on controlling the pandemic and maintaining socioeconomic development in 2021, this year will be a breakthrough one in achieving the medium- and long-term goals set forth. Minister of Planning and Investment Nguyen Chi Dung details the efforts being made and the solutions being proposed.
Vietnam strives to reach GDP growth of up to 6.5 per cent and GPD per capita of $3,900 in 2022

Vietnam strives to reach GDP growth of up to 6.5 per cent and GPD per capita of $3,900 in 2022

The government has set targets to achieve a GDP per capita of $3,900 in 2022, with GDP growth of 6-6.5 per cent each year.
Finance Ministry announces State budget estimates for 2022

Finance Ministry announces State budget estimates for 2022

State budget collection in 2022 is expected to reach over 1.41 quadrillion VND (61.7 billion USD), while expenditure is estimated at about 1.78 quadrillion VND (78.05 billion USD), up 4.5 percent compared to that in 2021, according to a report on State budget estimates for 2022 that has been made public by the Ministry of Finance.
IHS Markit: Vietnamese economy getting back to speed

IHS Markit: Vietnamese economy getting back to speed

After a rocky third quarter due to the fourth wave of COVID-19, business activities have gradually resumed to normalcy since early October in Vietnam.
Developing Asia growth outlook slightly down in 2021-2022

Developing Asia growth outlook slightly down in 2021-2022

The ADB revised its economic growth outlook for developing Asia, down slightly to 7 per cent this year and 5.3 per cent next year.
Strong fundamentals in place for digitalisation and sustainable finance

Strong fundamentals in place for digitalisation and sustainable finance

We had all hoped that as the Year of Rat ended and we started the Year of the Ox, when vaccine rollout started that we would all have a steadier year ahead.
Towards human economy - The critical shift necessary in economic development model

Towards human economy - The critical shift necessary in economic development model

The global development landscape of the 21st century poses unprecedented challenges. Economies around the world have been emphasising GDP growth over other aspects of national development.
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