Government says it seeks ‘sustainable’ growth that ensures macroeconomic stability while controlling inflation.
The world’s largest trade pact RCEP will boost Vietnam’s trade in the long run as the country becomes part of a bigger supply chain, experts say.
Vietnam plans to spend 347 trillion dong ($15.25 billion) for the 2022-23 period to cushion the economic blow from the COVID-19 pandemic and assist businesses hurt by tough curbs, the country’s planning ministry said on Tuesday.
Vietnam reported economic growth of just 2.58% on Wednesday, beating a 30-year low set last year as the pandemic continues to take a toll.
Vietnam was once regarded as a success story in containing Covid-19, reporting only a handful of daily cases for the entire first year of the pandemic.
Vietnam’s economy should get back to gross domestic product (GDP) growth of 6.8% next year, which will be driven by a return of strong foreign direct investment (FDI) into the market, mainly focusing on the manufacturing sector, according to HSBC…
Vietnamese envoys to several countries have urged the government to quickly resume commercial flights and end quarantine requirements, saying the demand to travel to Vietnam is huge.
The worst economic impacts of the Covid-19 are behind Vietnam and many potentials are lying ahead on the country’s recovery progress, the CEO of HSBC Vietnam said.
Vietnam’s prime minister, Pham Minh Chinh, made a very successful trip to the United Kingdom in early November, putting the rapidly improving relations between the two countries into the spotlight.
Vietnamese leaders have made a clear message for reopening but some obstacles in vaccination, quarantine, and traveling regulation still exist and need to be rapidly solved.
Vietnam is considering a raising of the ceiling on its public debt from the current level of 60% of gross domestic product to shore up an economy hit by the coronavirus, its investment minister has announced.
Vietnam’s exports are likely to rise 10.7% in 2021, with annual inflation expected below 4%, the prime minister said on Wednesday, promising lawmakers that economic revival lay ahead.
Vietnam’s 11 largest state-owned corporations had accumulated losses of VND11.46 trillion ($505 million) as of last year.
Although Vietnam’s Chinese debt burden is low compared to some of its neighbors, it is still a worry for the Communist Party mandarins in Hanoi.
The Ministry of Planning and Investment estimates the country’s GDP growth in 2021 at 3-3.5 percent, down 0.5 percentage points from the forecast in September.
Vietnam’s gross domestic product contracted 6.17% in the third quarter of 2021 from a year earlier as pandemic restrictions hit, the sharpest quarterly decline on record, government data released on Wednesday showed.
Vietnam plans to ease coronavirus curbs and allow businesses to restart production from next week to prop up an economy which has suffered under lengthy lockdowns, Prime Minister Pham Minh Chinh said on Saturday.
Some Asian nations’ headlong push to restart tourism is a function of deeper structural imbalances in the global political economy.
Hanoi has been tempted to shift away from neutrality as tensions rise with Beijing.
The Delta variant is causing havoc in Ho Chi Minh City, disrupting business and supply chains of global brands.
Binh Duong province is the country’s second-largest recipient of accumulated foreign direct investment after nearby Ho Chi Minh City. The government expects 50,000 new cases there in the next fortnight. The government allowed factories in industrial zones to stay open…
With Ho Chi Minh City as its commercial hub, Vietnam vies with China for the status of the world’s factory. But rapidly rising delta infections have hit manufacturing, amid strict lockdowns.
Vietnam’s nascent stock rebound could push on to fresh highs thanks to cheap valuations and a positive earnings outlook, according the country’s two biggest equity investors.
Vietnam’s demographics and strong manufacturing base, developed over two decades, have put it in a favourable position to weather current challenges.
Vietnam’s gross domestic product (GDP) grew by 5.64 per cent in the first half of 2021, according to a government report this week.
Secretary General of the France – Vietnam Friendship Association Jean-Pierre Archambault has expressed his interest in Vietnam’s sound choices for development, which were mentioned in an article on several theoretical and practical issues on socialism and the path towards socialism…