VOV.VN - Chinese investors and markets are becoming increasingly important to the Vietnam economy, most especially to the slowing manufacturing and declining crop production industries, say experts.
VOV.VN - The Vietnam gross domestic product jumped to 6.2% for the three months leading up to July on the back of a resurgence in exports of Samsung Electronics, reports the Nikkei Asian Review.
Vietnam’s gross domestic product (GDP) grew by an estimated 5.73% in the first half of this year, Director of the General Statistics Office (GSO) told a press conference in Hanoi on June 29.
VOV.VN - Close to one fifth of the total exports of Vietnam consists of mobile phones manufactured by Samsung, the Republic of Korea electronics giant, from its factories located in the northern part of the country.
VOV.VN - At a recent forum in Ho Chi Minh City, Peter Semone, chair of the Pacific Asia Travel Association, declared that tourism has the potential to become a pillar of the Vietnam economy.
A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Vietnam until 2050 period, with annual GDP increase of 5.1%, on average.
The year of 2016 was considered as a year full of challenges for Vietnam's economy as internal problems remained cumbersome while the international situation witnessed unpredictable developments.
Vietnam has just entered 2017, but already market analysts are trying to predict the trends of the next 12 months. Senior economist Le Xuan Nghia, director of the Business Development Institute, provides an insight about monetary and financial market movements in the new-year.
More challenges and difficulties will face the local economy in 2017, said Nguyen Duc Thanh, head of the Vietnam Institute for Economics and Policy Research.
Vietnam Pulp and Paper Association (VPPA) general secretary Vu Ngoc Bao said more stringent criteria for environmental protection would be the biggest challenge for small paper companies, which do not usually treat their wastewater properly.
Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.
There is no need for fintech companies and banks to be in competition in Vietnam, a recent forum heard, as working together would expand the market to the benefit of both.
The sharp appreciation of the US dollar after the news about the US election and the fall of the Chinese yuan to a 6-year low could create risks for Vietnam’s economy.
Experts from the business research group Conference Board said the Vietnamese economy is not likely to experience seismic changes if US president-elect Donald Trump says no to the Trans-Pacific Partnership (TPP) deal.
It has been five years since the economic restructuring programme was launched, and despite some improvements to the Vietnamese economy, there has been little change in the growth model.
VOV.VN -The growth rate of the fast-moving consumer goods (FMCG) segment of the Vietnam economy is slowing down, with a few areas showing strong prospects for potential growth.
VOV.VN - Growth in developing East Asia and Pacific is expected to remain resilient over the next three years, according to a new World Bank report.
The inclusion of China’s yuan into the International Monetary Fund (IMF)’s basket of reserve currencies will impact finance across the globe, and Vietnam is no exception.
Vietnam is expected to see the highest growth within ASEAN through 2017, thanks to its strong performance in manufacturing and foreign direct investment.
VOV.VN - In the first half of this year, Vietnam’s economy showed signs of rallying. The macro economy stabilized and GDP increased 5.52%.