Fear not ? The economic impact of Vietnam’s political churn
Political stability is supposed to be one of Vietnam’s selling points, but its politics remain opaque and everything tends to come as a surprise.
What’s at stake in the US decision to grant Vietnam ‘Market Economy’ status?
What’s at Stake in the US Decision to Grant Vietnam ‘Market Economy’ Status?
Political upheaval in Vietnam is holding its economy back
Officials have become extremely cautious about signing off on public investment decisions – and foreign investors are taking note.
Vietnam fulfills half of 2024 foreign tourist goal
Vietnam welcomed 8.8 million foreign tourist arrivals in the first half of 2024, reaching nearly half of its inbound tourism target of 18 million this year, according to the General Statistics Office (GSO).
Vietnam economy expands 6.4 pct in first half of year
Vietnam’s economy grew by more than six percent in the first half of 2024, government figures have shown, as analysts said more reforms are needed to further boost the economy.
PM proposes Vietnam-China’s upgrade of border gate infrastructure
Prime Minister Pham Minh Chinh proposed Vietnam and China continue cooperating to improve customs clearance efficiency, upgrade border gate infrastructure, and study smart border gates, while holding talks with Chinese Premier Li Qiang in Dalian city, China’s Liaoning province on…
Russia’s Putin praises Vietnam for its stance on Ukraine
Russia’s President Vladimir Putin praised Vietnam for its « balanced » stance on the Ukraine war and listed progress on payments, energy and trade in an opinion piece published on Wednesday in the newspaper of Vietnam’s Communist Party.
President Putin’s state visit to strengthen Việt Nam – Russia ties
During the visit, senior leaders of Việt Nam, President Putin, and the high-ranking delegation of Russia will discuss the situation in each country and international issues of mutual concern such as the maintenance of peace, cooperation and development
President Putin to visit Vietnam
Russian President Vladimir Putin will make a state visit to Vietnam from June 19-20, following an invitation from Communist Party General Secretary Nguyen Phu Trong.
Vietnam’s GDP growth slowed to 5.66% in Q1 on weak phone, car output
Side effects of government’s crackdown on corruption also hit businesses.
Da Nang eyes setting up Vietnam’s first free trade zone
Authorities in Da Nang City, central Vietnam have suggested the creation of the country’s inaugural pilot free trade zone (FTZ), which includes incentives for foreigners, aiming to generate a new development boost for the coastal city.
Getting Vietnam’s economic growth back on track
Vietnam’s economy emerged from COVID-19 with a surprisingly high 8 per cent annual growth rate at the end of 2022, but took a gloomy U-turn in the first half of 2023, plagued by falling exports due to monetary tightening in…
Vietnam pushes US to grant it ‘market economy’ status
Hanoi has spent the past year lobbying Washington intensely to bring its anti-dumping rules closer in line with the EU’s approach.
Vietnam says US ‘non-market economy’ label is bad for bilateral ties
Vietnam’s ambassador to the United States on Tuesday urged Washington to end its « non-market economy » label on Hanoi, warning that maintaining the resulting punitive duties on Vietnamese goods is bad for increasingly close bilateral ties.
Deputy minister proposes establishment of Vietnam’s national carbon credit exchange
Vietnam should consider creating a national carbon credit exchange as it moves toward developing a low-carbon economy and proactively coping with climate change, a financial official told a meeting on Monday.
Việt Nam, Laos vow to raise bilateral trade turnover by 10-15 per cent
In 2023, the total bilateral trade turnover reached about $1.6 billion, a slight decrease of 2.1 percent year on year, but the import value from Laos surged by 4.2 per cent.
Vietnam seaports face risks despite gradual recovery this year
Despite the gradual recovery of the seaport industry, there are still several potential risks to consider in 2024.
Luxury brand reps nearly triple Vietnam profits
Vietnam’s distributors of luxury brands such as Louis Vuitton, Chanel, Dior and Hermes posted VND3.8 trillion ($156.57 million) in 2022 profits, up 270% year-on-year, according to latest data from a market research company.
Vietnam’s GDP expands 5.05 percent in 2023: stats office
Vietnam’s gross domestic product (GDP) grew 5.05 percent this year, lower than its target of 6.5 percent, according to the General Statistics Office (GSO).
Vietnam’s economic shine starting to fade
Vietnam’s 2023 growth underperforms as exports sag and concerns rise about unreliable power supplies and skilled labor shortages
A slower 2023 and uncertain 2024 for Vietnam’s economy
After two frustrating years of COVID-induced economic slowdown, Vietnam bounced back in 2022 with a strong performance — its GDP grew more than 8 per cent. In 2023, the government hoped that a stronger Chinese and global economy would allow…
Vietnam eyes China model to seek index upgrade, boost investment
Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to uprade the country to emerging market status and attract hundreds of millions of dollars of new investment, sources…
Que dit le rapport de la BAD sur l’économie birmane ?
Des gains modérés dans l’industrie et les services ont été à l’origine d’une modeste reprise économique. Les développements suggèrent une croissance cette année et l’année prochaine conforme aux prévisions. L’incertitude politique et la poursuite des conflits internes compromettent les perspectives…
Vietnam to extend VAT cut until June despite $1bn revenue loss
The Vietnamese government said on Tuesday it plans to extend a rate cut for the value-added tax (VAT) until the end of June to boost domestic consumption and production as the global economy remains sluggish.
Vietnam lawmakers expect country to miss 2023 GDP growth target
Vietnam is expected to miss this year’s economic growth target, the country’s lawmaking body said on Monday.
Vietnam projects economic growth of up to 6.5%
The Planning and Investment Ministry has outlined three potential economic growth trajectories for 2024, with the peak gross domestic product (GDP) growth rate forecast at 6.5%.