Tag: growth
ADB anticipates economic growth of 6.5% for Vietnam this year
VOV.VN - Vietnam’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) at a press conference in Hanoi on April 4.
Major targets for first quarter reached: PM
Major targets for the first quarter of 2023 were basically reached, with political security, macro-economic stability and major economic balances maintained, inflation controlled, security-defence and social order ensured, and external relations and international integration strengthened, stated Prime Minister Pham Minh Chinh.
Private sector remains driving force for economy
The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
Regional connectivity critical for development of southeastern region
Socio-economic cooperation between Ho Chi Minh City and other southeastern localities has produced significant outcomes, giving a boost to many sectors like industry, real estate, investment-trade, health care and education, an official has said.
Some key interest rates fall further early next week
The State Bank of Vietnam, the central bank, announced five separate decisions on March 31, to further lower some key interest rates, with effect from April 3. This is the second round of rate cuts in March.
Vietnam plans to have 1.5 million businesses in 2025
The Government wants the private sector to be a main driver in the country’s development, with a target of establishing 1.5 million businesses by 2025.
Mini Thailand Week 2023 gets underway in Can Tho city
VOV.VN - The Mini Thailand Week 2023 officially kicked off on the morning of March 31 in the Mekong Delta city of Can Tho, with the aim of strengthening trade exchanges and co-operation among the two countries' businesses.
A glance at major socio-economic indicators in Q1
VOV.VN - Vietnamese gross domestic product (GDP) grew by 3.32% in the first quarter of the year, the second lowest rate in the 2011 - 2023 period, according to the General Statistics Office (GSO).
Inadequate regulations hinder green credit growth
Green credit growth in Vietnam has remained limited due to the lack of a clear legal framework, according to industry insiders.
Central bank to cut refinance rate in next quarter: UOB
The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.
