Strong economic fundamentals are key to fast recovery in Vietnam

Strong economic fundamentals are key to fast recovery in Vietnam

Vietnam’s economic recovery has been faster than expected and continues despite the challenges of the world's socioeconomic issues.
Reinforcing macroeconomic foundations to promote sustainable recovery and development

Reinforcing macroeconomic foundations to promote sustainable recovery and development

Vietnam’s macroeconomic foundation is considered unchangeable and has the flexibility to cope with variables, experts said at the Vietnam Socioeconomic Forum.
Vietnam's economic growth forecast at 7.5 pc in 2022: World Bank

Vietnam's economic growth forecast at 7.5 pc in 2022: World Bank

Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
Vietnam's second-quarter GDP growth hits a decade-long record high

Vietnam's second-quarter GDP growth hits a decade-long record high

Vietnam's GDP growth accelerated to just over 7.7 per cent in the second quarter of 2022, its highest figure since 2011.
Vietnam steady but external risks weigh

Vietnam steady but external risks weigh

A new UOB outlook expects continuing growth of Vietnam in the time coming, despite some risks of inflation and further weakness of the VND.
Specific solutions needed for a strong recovery

Specific solutions needed for a strong recovery

At the forum on Vietnam's economic forecasts on May 12, Deputy Minister of Planning and Investment Tran Quoc Phuong said that the economy is seeing some light.
Standard Chartered predicts strong recovery of Vietnam's economy

Standard Chartered predicts strong recovery of Vietnam's economy

Vietnam's economy is said to recover strongly from the end of the first quarter. GDP growth is expected to be 6.7 per cent in the year, and 7 per cent in 2023, according to Standard Chartered Bank.
2022 outlook: Solid path to growth

2022 outlook: Solid path to growth

According to data released by the General Statistics Office (GSO), Vietnam recorded a 2.58 per cent GDP growth rate last year, making it one of the very few countries with a growth rate lower than 2020. This is unsurprising, as the nation went through an extended lockdown in the second half of last year, causing serious economic ramifications.
Vietnam introduces investment potential to German firms

Vietnam introduces investment potential to German firms

Vietnamese Ambassador to Germany Nguyen Minh Vu has briefed German businesses on Vietnam’s economic development and potential for companies in Baden-Württemberg State’s Karlsruhe city to invest in Vietnam.
Long-term focus crucial in face of quarterly GDP drop

Long-term focus crucial in face of quarterly GDP drop

The GDP growth target for the entire year is under threat unless the fourth quarter can record a high figure to compensate for the past nine months.
Vietnam standing its ground in private equity realm

Vietnam standing its ground in private equity realm

The COVID-19 pandemic has disrupted countless lives and businesses, causing the world’s economy to slump as global GDP shrunk by 4.1 per cent in 2020, as estimated by S&P. Nonetheless, Vietnam stood out as one of the brighter spots of 2020 with an estimated GDP growth rate of 2.91 per cent thanks to its effective handling of the pandemic.
Vietnam recovery prospects brightest in Southeast Asia: ICAEW

Vietnam recovery prospects brightest in Southeast Asia: ICAEW

The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW.
Standard Chartered Bank forecasts Vietnam’s 2020 growth at 3 per cent

Standard Chartered Bank forecasts Vietnam’s 2020 growth at 3 per cent

Hanoi - Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3 per cent this year on soft external demand, with external headwinds set to offset domestic outperformance.
Revised GDP goals to buttress growth

Revised GDP goals to buttress growth

The aftermath of the health crisis has prompted Vietnam to consider adjusting its economic growth target, with the recommendation that providing practical support for the private sector will help the economy achieve higher growth and create more jobs.
Vietnam should prepare to welcome investment wave: official

Vietnam should prepare to welcome investment wave: official

Transnational businesses are considering shifting their facilities, which is a challenge but also a good opportunity for Vietnam, and the country should prepare to welcome a wave of investment, Minister – Chairman of the Government Office Mai Tien Dung said on May 5.
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