Tag: GDP
PM gives directions on key measures to boost economic growth this year
Prime Minister Pham Minh Chinh signed an official dispatch on April 22, outlining key tasks and solutions aimed at driving Vietnam’s economic growth throughout the year.
US tariff threat prompts Vietnam to map out agricultural growth scenarios
As the US has paused its 46% reciprocal tariff on imports from Vietnam, the Institute of Strategy and Policy on Natural Resources and Environment (ISPRONE) under the Ministry of Agriculture and Environment has penned several agricultural growth scenarios and solutions in response to the US tariff policy.
Vietnam stays on course for 8% growth despite tariff risks
Despite escalating global uncertainties and the looming threat of reciprocal tariffs from the US, Vietnam remains committed to its ambitious GDP growth target of 8% for 2025.
UOB downgrades Vietnam’s growth forecast to 6% this year
VOV.VN - Singapore-based United Overseas Bank (UOB) has lowered its forecast for Vietnam’s GDP growth to 6% this year from its previous 7.0 projection due to the significant downside risks of tariff measures imposed by the United States.
Vietnam’s GDP likely to decrease by 2-3pp if 46% tariff is in effect: expert
VOV.VN - An economic expert has projected that Vietnam’s GDP growth could be affected, with an estimated decrease of 2-3 percentage points if the United States imposes a 46% reciprocal tariff on Vietnamese imports, starting on April 9.
A glance at major socio-economic indicators in Q1
VOV.VN - The first quarter of 2025 saw Vietnamese economy record positive outcomes as the gross domestic product (GDP) grew by 6.93%, whilst foreign arrivals to the country surged by 29.6% on-year.
Standard Chartered projects strong Q1 growth despite trade headwinds
VOV.VN - Standard Chartered Bank predicts Vietnamese GDP will grow by 7.7% in the first quarter of the year, up from 7.6% in the fourth quarter of last year, according to its latest macroeconomic update on Vietnam.
Vietnam's GDP expands by 6.93% in Q1
Vietnam’s gross domestic product (GDP) grew 6.93% in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office (NSO) reported at a press conference in Hanoi on April 6.
Vietnam highly evaluates Cambodia’s economic growth
Ambassador Mai Phan Dung, head of the Vietnamese Delegation in Geneva, praised Cambodia as one of the fastest-growing economies in the region, with an average annual GDP growth of nearly 5% since 2017 driven by trade liberalisation, tourism, foreign direct investment FDI, and export-oriented production.
Vietnam’s first quarter GDP growth expected to approach 8%
Vietnam’s gross domestic product (GDP) in the first quarter of 2025 is projected to grow by nearly 8%, setting the stage for sustained economic development throughout the year.