VOV.VN - Singapore-based United Overseas Bank (UOB) has downgraded Vietnam’s economic growth rate to 5.9% this year due to the impact of recent typhoon Yagi, according to the bank’s latest report on the economic situation in the third quarter of the year.

VOV.VN - The Asian Development Bank (ADB) has maintained a positive economic outlook for Vietnam, forecasting its GDP growth at 6.0% this year and 6.2% next year, according to the Asian Development Outlook (ADO) September released on September 24.

The mid-range segment accounts for 98% of the total supply of apartments in Hanoi, while the high-end segment constitutes a mere 2%, CEO of Indochina Capital Michael Paul Piro told a press briefing in Hanoi on September 23.

The 2024 Green Growth Show (GRECO 2024) is taking place in Ho Chi Minh City, providing an opportunity for businesses to promote their green products and services, and an effective forum for local and international companies to connect and explore possibilities for tie-ups.

Although the garment and textile industry is witnessing new export growth, the sector still faces challenges due to increasing market and customer demands, requiring them to leverage the industry’s position in the world market, according to experts.

The state visit to Cuba by Party General Secretary and State President To Lam next week is expected to further strengthen the two countries’ bilateral relationship, fostering their sustainable trade development.

The Vietnam Oil and Gas Group (Petrovietnam) enjoyed strong business expansion in the first eight months of this year thanks to the firm’s efforts to seek new solutions for expansion.

Prime Minister Pham Minh Chinh asked for the acceleration of national key transport projects by removing bottlenecks and speeding up investment procedures and site clearance work while chairing the 14th meeting of the State steering committee for national key transport projects in Hanoi on September 17.

The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.

Vietnam is discussing the establishment of a centre for raw materials to support the textile, leather and footwear industries, signalling a bold effort for the billion-US-dollar sectors to enhance sustainability and climb higher up the global value chain.