VOV.VN - According to data released on June 29 by the General Statistics Office (GSO), the Vietnamese economy is continuing to encounter difficulties as it only expanded by an estimated 3.72% during the first six months of the year.
VOV.VN - The Vietnamese economy is continuing to encounter difficulties as it only expanded by estimated 3.72% in the first half of the year, according to statistics released by the General Statistics Office (GSO).
Vietnam’s GDP growth is likely to expand by 5% in the second quarter, and 4% in 2023 before reaching 6% in 2024, Singapore-based Maybank Research Pte Ltd said in a report released on June 27.
Prime Minister Pham Minh Chinh's official visit to China has contributed to concretising the common perceptions of the two Party General Secretaries, especially the joint statement on continuing to promote and deepen the Vietnam-China comprehensive strategic cooperative partnership issued in December 2022, said Minister of Foreign Affairs Bui Thanh Son.
Standard Chartered Bank forecasts Vietnam’s second quarter GDP growth to have slowed to 1.5% year-on-year (from 3.3% in the first quarter), posing downside risks to its 6.5% growth forecast for 2023. However, a rebound is expected in the second half of the year.
The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.
Credit growth since the start of 2023 remains low, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said, blaming that fact on both subjective and objective causes.
VOV.VN - Vietnamese Deputy Prime Minister Tran Hong Ha will attend an international summit for a New Global Financing Pact to be held in Paris, France, on June 22-23.
VOV.VN - The central province of Thanh Hoa and its neighbouring Lao province of Houaphanh held talks and signed co-operation documents on June 20 in the Vietnamese locality.