Economists have forecast that the Vietnamese economy could grow by 6.86 percent this year, higher than the 6.6 – 6.8 percent set by the National Assembly.
Hanoi aims at an economic growth rate of 7.6 – 8 percent for the latter half of 2019 in an effort to realise targets and tasks set for the whole year.
VOV.VN - The General Statistics Office of Vietnam has released a report on Vietnam’s socio-economic development in the first five months of this year.
With an emerging market economy and continued strong growth, Việt Nam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company.
VOV.VN - A study of Google and Temasek from Singapore reports that Vietnam’s digital economy reached 3 billion USD in 2015 and 9 billion USD in 2019, and will reach 30 billion USD in 2025.
Hanoi’s economy continue to grow in the first five months of this year, reported Director of the municipal Department of Planning and Investment Nguyen Manh Quyen at a recent conference held by the municipal People’s Committee.
If Vietnam’s economy grows by 6.5 percent each year over the next 10 years, it will exceed Singapore in size by 2029, according to the Nikkei Asia Review’s quoting of a DBS Bank report.
As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.
The World Bank has forecast Thailand’s economic growth to slightly slow down and rise 3.8% this year while the general economy of East Asia and the Pacific is expected to slow down and rise 6% this year and next year.
Vietnam holds huge potential for developing the resort market thanks to high economic growth and growing travel demand, experts said at a recent workshop in Hanoi.
It is critical to improve the resilience of the Vietnamese economy to withstand and recover from external shocks, experts told a conference in Hanoi on May 15.
Despite one of the world’s highest economic growth, broad-based macroeconomic stability, and advanced IT infrastructure, Vietnam is still dogging behind many Southeast Asian nations in developing a large startup community.
VOV.VN - Despite a global slowdown, Vietnam’s economic growth was impressive in the first quarter of this year.
VOV.VN - Commercial banks have pledged to provide enterprises in Ho Chi Minh City with VND279 trillion (US$11.99 billion) in loans under the bank-enterprise linkup programme this year, heard a conference held in the city on April 18.
VOV.VN - Vietnam expects that the International Monetary Fund (IMF) will continue boosting its closer cooperation with the country and provide it with more assistance, training and policy consultancy, has said Nguyen Van Binh, Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission.
The Government has requested ministries, departments and localities to push ahead with economic restructuring towards efficiency and science-technology innovation in 2019.
Vietnam’s economy will grow at 6.6 percent this year, slightly down from last year’s 7.1 percent, HSBC has forecast in a report it released this week.
VOV.VN - Vietnam’s economic growth in 2019 could struggle to enjoy the same pace that it did in 2018 while experts have warned inflation this year, pressed by a tightened fiscal policy, is forecast to be higher than the rate seen last year.
Vietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Hanoi on March 15.
VOV.VN - Many domestic and foreign experts have forecast the Vietnamese economy will continue to grow 7% this year thanks to drastic development of the manufacturing, processing, and service sectors.