Vietnam must boost new drivers of growth to avoid the Covid-19 economic trap
Looking ahead, Vietnam’s economy remains vulnerable to new waves of coronavirus outbreak and, even in their absence, it could be stuck in what we can label as the “Covid-19 economic trap.”
16:50, 2020/08/08
PM urges Hanoi to soon achieve upper-middle income level status
Hanoi should set a vision to compete with other capital cities in the world such as Beijing, Bangkok, or Kuala Lumpur, said Prime Minister Nguyen Xuan Phuc.
12:02, 2020/07/30
Vietnam fiscal deficit widens to US$4.3 billion in 7 months on Covid-19
As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year's estimate.
15:11, 2020/07/27
Resurgence of Covid-19 further thwarts Danang's economic recovery
The complicated progression of Covid-19 in Danang has dealt a blow to the city’s efforts to grow its economy this year and may drag Vietnam's economic recovery.
13:59, 2020/07/25
Vietnam construction industry stays positive during Covid-19
The construction industry grew 4.5% year-on-year during the first six months of 2020, which was higher than the GDP growth rate of 1.8%.
09:48, 2020/07/23
Vietnam’s 2020 growth seen at 3%: StanChart
Further monetary and fiscal support in the second half of this year could push growth closer to the government’s target of 4-5%.
17:19, 2020/07/10
Covid-19 impacts on Vietnam economy not fully reflected in 6-month data: CIEM
In the most optimistic scenario, Vietnam’s economy is predicted to expand 2.6% year-on-year, lower than the International Monetary Fund (IMF)'s forecast at 2.7%.
00:26, 2020/07/02
Vietnam’s economic growth may rebound to 5.5-7% in H2: UOB
UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance.
07:45, 2020/06/13
Domestic tourism helps air traffic in Hanoi jump strongest in Southeast Asia
People’s mobility, on average, is almost back to normal in Vietnam.
10:58, 2020/05/29
Vietnam parliament set to ratify trade deal with EU at ongoing gathering
Once the deal comes into force, it would create a new driving force for the comprehensive partnership between Vietnam and the EU.