Tag: GDP
WB: Vietnam’s economy could converge toward pre-pandemic rate from 2022 onward
Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5% to 7% from 2022 onward, the World Bank has forecast.
GDP grows by only 1.42% during nine-month period
VOV.VN - Vietnam's gross domestic product (GDP) growth rate during nine- month period increased by just 1.42% due to the COVID-19 pandemic impacting all economic sectors, with several localities imposing prolonged social distancing measures, according to the General Statistics Office.
ADB lowers Vietnam’s 2021 GDP growth to 3.8%
VOV.VN - In its outlook update released on September 22, the Asian Development Bank (ADB) has lowered Vietnam’s economic growth rate for 2021 to 3.8% from the 6.7% projection due to the impact of the COVID-19 pandemic.
Economist suggests three focuses to revive Vietnam’s economy
Vietnam needs to shift from “Zero-COVID” strategy to vaccinations as the pandemic and the risk of new outbreaks are still lingering on, according to Dr. Nguyen Duc Kien, head of the Prime Minister’s Economic Advisory Council.
Firms face labour shortage after social distancing
Many firms are worried about labour shortages after resuming operations after the social distancing period.
HSBC maps out two scenarios for Vietnamese economy until year-end
HSBC has forecast two scenarios for Vietnam’s economy until the end of the year, with both of them focused on the re-opening of the economy, albeit in a cautious and systematic way.
Vietnam likely to lower GDP growth to 3.5 - 4% this year
VOV.VN - Minister of Planning and Investment Nguyen Chi Dung says his Ministry is considering revising Vietnam’s economic growth rate target to between 3.5% and 4%, as opposed to the 6.5% originally expected, due to the negative impact caused by the COVID-19 pandemic.
Vietnam holds upbeat growth potential despite COVID-19: VEIL
Vietnam’s first half growth demonstrates the underlying strength of the economy, which will provide a platform for the country's growth once its new COVID-19 outbreaks are contained, said Stanley Chou, Chair of the Vietnam Enterprise Investments Limited (VEIL).
Vietnam, Australia boost fintech cooperation opportunities
The Asialink Business Centre under Australia’s University of Melbourne has announced to commence a new capability development programme, aimed at building awareness and positioning Australian business to engage in Vietnam’s fintech sector.
COVID-19 must be contained at all costs, says PM
VOV.VN - Prime Minister Pham Minh Chinh reiterated the Government’s resolve to contain the latest COVID-19 outbreak by any means necessary, including vaccinations, at a ceremony held on September 1 in Hanoi to celebrate Vietnam’s National Day.
