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Tag: domestic consumption

Promoting important growth drivers by exploiting domestic market
Promoting important growth drivers by exploiting domestic market

VOV.VN - As part of efforts to promote economic growth during the remaining quarters of the year, localities and businesses must maintain many solutions in a bid to stimulate consumption demand in order to connect and expand domestic consumption.

Promoting important growth drivers by exploiting domestic market

Promoting important growth drivers by exploiting domestic market

Solutions for Vietnamese economy to overcome headwinds
Solutions for Vietnamese economy to overcome headwinds

VOV.VN - Extending economic policies, finding fresh directions for exports, and promoting domestic consumption are the solutions that exist for the nation to overcome "headwinds", according to information given by economic experts.

Solutions for Vietnamese economy to overcome headwinds

Solutions for Vietnamese economy to overcome headwinds

Vietnam Grand Sale 2023 to stimulate domestic consumption
Vietnam Grand Sale 2023 to stimulate domestic consumption

VOV.VN - Vietnam Grand Sale 2023 will be launched nationwide from December 4, 2023 to January 10, 2024 in an effort to stimulate greater consumer demand and boost production, further contributing to the country’s economic recovery, a press briefing heard in Hanoi on November 29.

Vietnam Grand Sale 2023 to stimulate domestic consumption

Vietnam Grand Sale 2023 to stimulate domestic consumption

Vietnam’s 10-month trade surplus hits five-year record high of US$24.6 billion
Vietnam’s 10-month trade surplus hits five-year record high of US$24.6 billion

VOV.VN - Vietnam maintained a positive trade balance of US$3 billion in October, raising the country’s total trade surplus during January – October 2023 to more than US$24.6 billion, the highest in five years.

Vietnam’s 10-month trade surplus hits five-year record high of US$24.6 billion

Vietnam’s 10-month trade surplus hits five-year record high of US$24.6 billion

Public investment crucial for Vietnam’s economic growth: ADB director
Public investment crucial for Vietnam’s economic growth: ADB director

Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.

Public investment crucial for Vietnam’s economic growth: ADB director

Public investment crucial for Vietnam’s economic growth: ADB director

Vietnamese economy remains resilient amid weakening global demand: ADB
Vietnamese economy remains resilient amid weakening global demand: ADB

VOV.VN - Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, driven by strong domestic consumption, which is supported by moderate inflation, an acceleration of public investment, and improved trade activities, said the Asian Development Bank (ADB)'s Country Director for Vietnam Shantanu Chakraborty.

Vietnamese economy remains resilient amid weakening global demand: ADB

Vietnamese economy remains resilient amid weakening global demand: ADB

Vietnamese economy grows by 3.72% in first half of 2023
Vietnamese economy grows by 3.72% in first half of 2023

VOV.VN - The Vietnamese economy is continuing to encounter difficulties as it only expanded by estimated 3.72% in the first half of the year, according to statistics released by the General Statistics Office (GSO).

Vietnamese economy grows by 3.72% in first half of 2023

Vietnamese economy grows by 3.72% in first half of 2023

Exports face plenty of challenges in year ahead
Exports face plenty of challenges in year ahead

VOV.VN - Vietnam requires a timely response to maintain its export market in the face of fluctuations occurring in the global economy, high inflation hitting many countries, and the increase in trade protectionism from importing countries leading to many difficulties for the nation's production and exports.

Exports face plenty of challenges in year ahead

Exports face plenty of challenges in year ahead

US paper: macroeconomic outlook of Vietnam bright
US paper: macroeconomic outlook of Vietnam bright

The macroeconomic outlook of Vietnam is bright as the country has witnessed strong domestic consumption, received foreign direct investments and maintained a surplus in trade balance with other countries, wrote an article recently published on the US’s seekingalpha.com.

US paper: macroeconomic outlook of Vietnam bright

US paper: macroeconomic outlook of Vietnam bright

HSBC raises Vietnam’s GDP growth forecast to 6.9% amid strong recovery
HSBC raises Vietnam’s GDP growth forecast to 6.9% amid strong recovery

VOV.VN - The Hong Kong and Shanghai Banking Corporation (HSBC) has lifted Vietnam’s GDP growth forecast this year to 6.9% from its previous prediction of 6.6% on the back of strong economic recovery coupled with rising domestic consumption demand.

HSBC raises Vietnam’s GDP growth forecast to 6.9% amid strong recovery

HSBC raises Vietnam’s GDP growth forecast to 6.9% amid strong recovery

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