Tags: vietnam economy

WB expert deems capital accumulation as key growth driver

WB expert deems capital accumulation as key growth driver

VOV.VN - Vietnam's economy is facing the shortage of capital and capital accumulation would therefore act as a significant growth driver for the country in the next phase of development, a World Bank economist said at a workshop held in Hanoi on June 7.

Dollar hike won’t significantly affect Vietnam’s economy

Dollar hike won’t significantly affect Vietnam’s economy

The US dollar has appreciated significantly against the Vietnamese dong in the past few days in the wake of the US Federal Reserves (Fed)’s interest rate hike last week, but local officials and experts are not too worried, believing these hikes won’t affect Vietnam’s economy in any major way.

Vietnam’s economy enjoys auspicious start

Vietnam’s economy enjoys auspicious start

Vietnam’s economy enjoyed a more sustainable growth in the first quarter of the year with a strong economic expansion of 7.38%, the best first-quarter performance in the last decade.

Vietnam’s economy accelerates in nine months

Vietnam’s economy accelerates in nine months

Vietnam’s economy witnessed positive changes in the first nine months of 2017 with growth increasing from quarter to quarter, according to Director General of the General Statistics Office (GSO) Nguyen Bich Lam.

Vietnam’s economy grows 5.73 pct in first half

Vietnam’s economy grows 5.73 pct in first half

Vietnam’s gross domestic product (GDP) grew by an estimated 5.73% in the first half of this year, Director of the General Statistics Office (GSO) told a press conference in Hanoi on June 29.

Samsung slump in sales drags on Vietnam economy

Samsung slump in sales drags on Vietnam economy

VOV.VN - Close to one fifth of the total exports of Vietnam consists of mobile phones manufactured by Samsung, the Republic of Korea electronics giant, from its factories located in the northern part of the country.

Responsible tourism driving development in Vietnam

Responsible tourism driving development in Vietnam

VOV.VN - At a recent forum in Ho Chi Minh City, Peter Semone, chair of the Pacific Asia Travel Association, declared that tourism has the potential to become a pillar of the Vietnam economy.

Vietnam economy will grow 5.1% a year till 2050

Vietnam economy will grow 5.1% a year till 2050

A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Vietnam until 2050 period, with annual GDP increase of 5.1%, on average.

Economic outlook appears healthy

Economic outlook appears healthy

Vietnam has just entered 2017, but already market analysts are trying to predict the trends of the next 12 months. Senior economist Le Xuan Nghia, director of the Business Development Institute, provides an insight about monetary and financial market movements in the new-year.

Vietnam faces more economic challenges

Vietnam faces more economic challenges

More challenges and difficulties will face the local economy in 2017, said Nguyen Duc Thanh, head of the Vietnam Institute for Economics and Policy Research.

Fintechs & banks can grow market together

Fintechs & banks can grow market together

There is no need for fintech companies and banks to be in competition in Vietnam, a recent forum heard, as working together would expand the market to the benefit of both.