Vietnam gov't mandated to narrow fiscal deficit to 4% of GDP in 2021
State budget allocation would continue to be prioritized for the Covid-19 fight, recovery efforts in the wake of natural disasters, social welfare, national security and foreign affairs.
12:12, 2020/12/11
Lack of determination to move forward remains Vietnam biggest challenge: PM
Over the past five years, Vietnam has generated around US$1.2 trillion worth of GDP and ensured a stable macro-economic environment for development.
11:15, 2020/15/09
Public investment, exports to ensure Vietnam 2020 GDP growth at 2.5%: Expert
Domestic production and exports are key driving forces for Vietnam’s economy this year, state an expert.
01:29, 2020/29/31
Vietnam GDP growth on course to reach 3% despite severe flooding: PM
Major cities such as Hanoi and Ho Chi Minh City should set an example in economic recovery efforts, Prime Minister Nguyen Xuan Phuc has said.
09:39, 2020/39/27
Fitch Solutions revises down Vietnam fiscal deficit to 3.6% of GDP
The economy is likely to stage a stronger recovery in Q4 this year, versus 2.6% y-o-y real GDP growth in Q3.
16:38, 2020/38/21
VEPR revises down Vietnam's 2020 GDP growth forecast to 2.8%
A resurgence of Covid-19 in a number of countries across the world and geopolitical tensions between major powers continue to pose major risks to Vietnam’s economy.
18:33, 2020/33/20
Vietnam growth may slow to 3% in 2020, likely to rebound to 7.8% in 2021: StanChart
Vietnam is one of the few Asian economies to have registered positive growth so far this year, despite the second wave of infections.
11:39, 2020/39/14
IMF trims Vietnam GDP growth forecast to 1.6% in 2020
The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021.
16:23, 2020/23/03
Vietnam PM urges speedier economic recovery to ensure 2.5–3% GDP growth
Vietnam has been successful in realizing the dual target of both containing the pandemic and boosting economic growth, which has translated into higher economic performance in September.
11:06, 2020/06/01
Fitch Solutions cuts Vietnam’s 2020 growth forecast to 2.6% from 3.0%
Fitch Solutions maintains forecast for an 8.2% rebound in 2021, assuming freer international movement of persons.
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