Tag: growth
Measures suggested for Vietnam’s economy to navigate pandemic
An official of the Japan International Cooperation Agency (JICA) has suggested ways for the Vietnamese economy to keep moving forwards amid considerable challenges caused by the fourth wave of COVID-19 infections.
Jump in COVID-19 cases to weigh on Vietnam’s economic recovery, says Fitch Ratings
An escalation in COVID-19 cases and deaths in July-August will undermine Vietnam’s previously strong recovery from the pandemic shock and may temporarily set back the positive rating momentum, said Fitch Ratings.
WB lowers Vietnam’s GDP forecast to 4.8% in 2021
VOV.VN - Vietnam’s GDP is expected to expand by about 4.8% in 2021, or 2% lower than the projection made by the World Bank Group in December 2020, the WB says in its latest edition Taking Stock released on August 24.
Pensions, social allowances expected to rise 11% from 2022
Pension and social insurance allowances and monthly subsidy will increase by 11% from January 1, 2022 under a proposal the Ministry of Labour, Invalids and Social Affairs (MoLISA) has submitted to the government.
Labor shortages may impede companies’ recovery
Adversely affected by the COVID-19 pandemic, the economic growth of Vietnam’s key cities, such as Hanoi and HCMC, has been slower, the exodus of migrant workers leaving HCMC may make the path of recovery planned by enterprises more bumpy.
Minister: slow public capital disbursement could cause loss of economic opportunities
Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.
Container cargo via seaports sees double-digit growth
Nearly 16.8 million TEUs of container cargo have been handled at Vietnamese seaports in the first eight months of 2021, up 18% from the same period last year, according the Vietnam Maritime Administration.
Vietnam strives to keep CPI growth low by end of 2021
Vietnam looks to maintain Consumer Price Index (CPI) growth lower than 1% a month during the last quarter of 2021 in an effort to keep inflation under the 4% target for the year.
Priorities for economic recovery policies toward the end of 2021
In the first half of 2021, Vietnam in general achieved considerable growth targets in the context of a stable macro environment.
New impetus needed to achieve 2021 economic growth target: experts
Economic experts have emphasised the need to have a new impetus to improve economic growth in the remaining months of 2021 towards realising the growth target for the year set by the Government and the National Assembly.
