Vietnam's economic growth might decelerate in the second half compared to that in the first half, with several supportive factors expected to sustain the overall growth outlook, according to the a report released by the Singaporean-based United Overseas Bank (UOB)'s Global Economics & Market Research Unit on July 2.
Vietnam's economy is experiencing a surge, fueled by strong export and industrial production, according to a series of reports from international organisations.
VOV.VN - The Vietnamese economy maintained its upward trajectory in the first half of the year, with its growth expanding by 6.93% in the second quarter of the year, helping to raise its first-half growth to 6.42%, reported the General Statistics Office (GSO).
VOV.VN - The national economy of Vietnam has maintained its upward trajectory, expanding by 6.93% in the second quarter of the year, thereby raising first-half growth to 6.42%, reported the General Statistics Office on June 29.
VOV.VN - Vietnam’s GDP growth in the second quarter of the year is forecast to moderate to still-strong 5.3% from 5.7% in the first quarter, according to the Standard Chartered Bank’s recent macro-economic updates about Vietnam.
Vietnam’s 2024 economic growth target of 6.5% is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy, a conference to launch the Vietnam Annual Economic Report 2024 heard.
VOV.VN - Despite a bright economic outlook for this year, Vietnamese GDP growth is unlikely to achieve the target of 6.5% set by the National Assembly (NA) due to internal and external impacts, said Nguyen Quoc Viet, deputy director of the Vietnam Institute for Economics and Policy Research (VEPR).
Vietnam aims to turn tourism into a truly spearhead economic sector with green growth and world leading development capacity by 2030.
Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply chain shifts.
VOV.VN - The country's economic growth this year is projected to reach below 6%, according to Dr. Nguyen Quoc Viet, vice director of the Vietnam Institute for Economic and Policy Research (VEPR).