Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3% this year on soft external demand, with external headwinds set to offset domestic outperformance.
Vietnam’s prospects for growth remain positive despite record pessimism among chief executive officers (CEOs) about the global economy, said PricewaterhouseCoopers (PwC) Vietnam in a statement.
As one of the fastest-growing economies, Vietnam still needs to reduce regulatory burdens and promote economic integration to achieve the country’s sustainable development goals through 2030.
VOV.VN - The recent rise in rubber prices in the international market has allowed Vietnam’s rubber exports regain growth momentum in recent times, according to the General Department of Vietnam Customs.
Since joining the ASEAN, Vietnam has made important contributions to the development and growth of the bloc.
In the first nine months of 2019, industry and contrustion sector makes up 52.6 percent of the overall economic growth.
Nearly 300 delegates from 19 provinces and cities in the northern central, central coastal and Central Highlands regions gathered at a conference held by the Ministry of Planning and Investment (MPI) in Thua Thien-Hue’s Hue city on August 12.
A stronger automotive industry with higher participation of foreign firms will boost the domestic auxiliary industry, businesses said last week.
Vietnam earned 55.17 million USD from tra fish exports to the ASEAN as of the late March, up 18 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Processors.
Many giant housing real-estate developers in HCM City are flocking to the hospitality segment by developing or distributing new projects in tourism areas.
Vietnam has gained significant achievements in the cause of national development over the years, according to an article by Czech Republic newspaper Halo Noviny.
Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
Belgium was one of the first Western countries to set up diplomatic relations with Vietnam following the signing of the Paris Peace Accords on ending the war and restoring peace in Vietnam (January 1973). From then on, the bilateral relations have been strengthened and expanded.
Austria was among the first Western nations to establish diplomatic ties with Vietnam when the war in Vietnam was still going on. Currently, cooperation between the two countries records strong development, especially in trade.
Governments of the ASEAN member states should design suitable policies to control risks and seize opportunities related to the return of their expatriates, said speakers at a discussion within the framework of the 2018 World Economic Forum on ASEAN (WEF ASEAN) in Hanoi on September 13.
Business has a prime role to play in building an ASEAN that works for all Asians, says the Oxfam Report “The Future of Business: Shaping inclusive growth in Southeast Asia,” published as the World Economic Forum (WEF) on ASEAN meeting is held in Hanoi on September 11-13.
As the host of the 2018 World Economic Forum on ASEAN (WEF ASEAN 2018), Vietnam has the responsibility to work with the WEF and ASEAN to discuss important issues and plans for the development of ASEAN member countries amidst the Fourth Industrial Revolution, said Prime Minister Nguyen Xuan Phuc.
VOV.VN - While Vietnam’s tea industry is known around the world, in reality, Vietnam only really exports tea to easy markets like Pakistan and China, while its shares in more stringent markets such as the EU and US are quite modest.
Deputy Prime Minister cum Foreign Minister Pham Binh Minh and Singaporean Foreign Minister Vivian Balakrishnan shared their positive evaluations of the growth of the Vietnam-Singapore strategic partnership during their talks in Singapore on July 31, as part of Minh’s ongoing visit to Singapore.
VOV.VN - After seeing a decline in April, steel exports rebounded by 5.6% to US$251.9 million in May, bringing the total export value in the first five months of 2018 to US$1.1 billion, a year-on-year rise of 39.9%, according to the General Department of Vietnam Customs.