Tag: growth
Vietnam’s economy to rebound in Quarter 4: Mirae Asset
VOV.VN - The Mirae Asset Financial Group of the Republic of Korea has forecast the Vietnamese economy is likely to expand 4% in the fourth quarter of 2021 and 2.3% for the whole year after suffering a contraction of 6.17% in the third quarter due to the impact of the COVID-19 pandemic.
StanChart forecasts rate cut if COVID-19 impact lasts beyond Oct
Standard Chartered has forecast a potential interest rate cut if the economic impact of Vietnam’s COVID-19 outbreak lasts beyond October.
Vietnam’s GDP growth may reach 8% in 2022: DBS
Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8% in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.
Millions of US dollars poured into green growth projects
Capital flows into green growth projects have still seen positive signals despite adverse impacts from the COVID-19 pandemic on foreign direct investment (FDI) in Vietnam.
Banks’ profits forecast to decline by 19% in Q3
Profits of the banking industry in the third quarter of 2021 would decrease by 19% compared to the previous quarter due to slowing credit growth and increasing provision expenses, Yuanta Securities Vietnam estimated.
Reforms could ensure higher growth rates as Vietnam’s population ages
VOV.VN - Vietnam’s economic growth could slow as its population ages, squeezing public finance and stressing the service delivery system, unless timely reforms are set in motion, a new World Bank report finds.
GDP nosedives in Q3 due to COVID-19 impact
VOV.VN - Vietnam’s GDP growth rate during the third quarter of the year was estimated to have endured a decline of 6.17% due to social distancing and other COVID-19-related restrictions taking a heavy toll on the economy.
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.
Samsung CEO: Vietnamese market remains attractive for foreign investors
VOV.VN - Despite the negative impact caused by the prolonged COVID-19 outbreak, Vietnam remains an attractive destination for foreign investors over the long run, Choi Joo-ho, CEO of Samsung Vietnam, told local media outlets on September 27.
Banks continue bond issuance to meet capital adequacy ratio
Banks have been promoting the mobilisation of medium- and long-term capital through bond issuance to meet the State Bank of Vietnam (SBV)’s requirements on capital adequacy ratio (CAR).
