The toxic spill from a Taiwanese steel plant has taken its toll on growth.
An external policy of peace, self-reliance, multilateralising and diversifying ties has allowed Vietnam to maintain peace and expand equal and win-win cooperation with big countries globally to serve its nation building and defence.
Can Tho authorities plan to ensure export value by promoting processing and manufacturing projects, including garment factories, footwear plants and the Vietnam-Republic of Korea Industrial Technology Incubation project.
Signs of slowdown appeared across all sectors of the Vietnamese economy in the first half of 2016, with overall GDP growth reaching only 5.52%, significantly lower than the rate of 6.32% during the same period last year.
The agricultural sector must seek all possible ways to recover its growth, not only for the second half of this year but for years to come, said Minister of Agriculture and Rural Development Cao Duc Phat at a meeting with the press on June 16.
The Group of Seven industrial powers pledged on May 27 to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over the Democratic People's Republic of Korea (DPRK), Russia and maritime disputes involving China.
Some foreign economic and financial organisations have maintained an optimistic outlook for Vietnam’s economy in 2016, in spite of the recent slower than expected GDP expansion.
Vietnam’s GDP growth is forecast to be robust in 2016 and 2017, possibly outperforming other countries in the region, according to international banks.
VOV.VN - Around 2.459 million foreigners visited Vietnam in the first three months of this year, a year-on-year rise of 19.9%, according to the General Statistics Office of Vietnam (GSO).
Ho Chi Minh City’s industrial development index in 2015 saw higher growth than in previous years, especially by four key industries, with the ratio of the processing and manufacturing sectors increasing and the labour-intensive and polluting industries decreasing.
The resort market in Vietnam will see feverish investment this year due to its great potential, according to experts.
Vietnam is striving to boost its development in the ASEAN bloc and rise to the upper half within five years, according to the country's latest strategy on international integration.
HSBC maintains its 2016 GDP forecast of 6.7% year-on-year for Vietnam as the dual engine of domestic demand and exports are expected to stay strong.
London-based Standard Chartered Bank sees Vietnam’s strong efforts to embrace regional and global economic integration as a boost to its business in the country, where it is fully committed to investing in the nation’s growth through a robust and sound long-term strategy.
(VOV) - As Vietnam continues to urbanize rapidly, adequate supply of affordable housing will be integral to achieving national development targets and enabling the country to maintain a high rate of growth, with cities contributing a growing share of jobs and GDP.
The National Assembly approved a resolution on the socio-economic development plan for 2016, which sets the goal of a 6.7% increase in gross domestic product (GDP), on November 10.
(VOV) - East Asia remains one of the main growth drivers of the world economy, accounting for nearly two-fifths of global economic growth, according to a new World Bank report.
(VOV) - The Investment Promotion Agency of Quang Ninh province on October 5 held a seminar in an aggressive move to promote foreign direct investment (FDI) attraction in the province that drew a large gathering of foreign companies.
The southern province of Binh Duong recorded a trade surplus of US$2.5 billion in the first nine months of this year.
(VOV) - With all the turbulence in the world, Vietnam stands out with the more upbeat news flow and economic data, according to HSBC.