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Economy

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Foreign trade likely to hit new record this year

Exports and imports reported double-digit growth in the first quarter of 2022, signaling a good year for the foreign trade.

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Vietnam to lead recovery in Southeast Asia: ADB

The Vietnam economy is expected to rebound to 6.5 percent this year and further expand to 6.7 percent in 2023, the highest in Southeast Asia.

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ADB maintains forecast for Vietnam’s GDP growth at 6.5 percent this year

The Asian Development Bank maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.

  • HSBC lowers Vietnam’s 2022 GDP rate to 6.2%

    The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.
  • GDP up by 5.03 percent in Q1

    Vietnam's GDP rose by 5.03 percent Q1, compared to 4.72 percent in the same period last year, according to the General Statistics Office on Tuesday.
  • Export turnovers to Russia, Ukraine drop sharply

    In February, Vietnam’s export turnover to Russia experienced a month-on-month decline of 44.46 percent and a year-on-year decrease of 12.45 percent, according to the General Department of Vietnam Customs.