Economy

Vietnam economy size increases by 1.4 times from 2015

The size of the Vietnamese economy increased by 1.4 times from that in 2015, Prime Minister Nguyen Xuan Phuc told legislators on Tuesday.

Vietnam targets 2021 economic growth at 6 percent

The Government expects 2021 GDP growth at 6 percent, according to the Socio-Economic Development Plan sent to the National Assembly.

Vietnam’s 2021 economy expected to grow 5-7.5%: central bank

Vietnam’s economic growth in 2021 is scheduled to grow between 5 and 7.5 percent depend on the global pandemic situation, said the State Bank of Vietnam.

Vietnam expected to become 4th largest economy in Southeast Asia this year: ...

Vietnam is expected to surpass Singapore and Malaysia to become the fourth biggest economy in Southeast Asia in 2020, the International Monetary Fund said in its October report.

Is Vietnam the Next ‘Asian Miracle’?

The country is making autocratic capitalism work unusually well.

12 ailing state-managed projects mired in $2.7 bln debt

Several state-owned companies have lost money and piled up over VND63.3 trillion ($2.73 billion) worth of debts as a result of poor execution of 12 factory construction and expansion works.

Vietnam strives to earn $40 billion in agricultural exports

Vietnam’s agricultural exports grew 1.6% to $30.05 billion in the first nine months of 2020, bringing the full-year target of $40 billion within sight, said the Ministry of Agriculture and Rural Development.

Vietnam sees 2020 export revenue to reach $300 billion

Despite the Covid-19 pandemic, Vietnam expects $300 billion in export turnover this year, according to the Ministry of Industry and Trade.

Vietnam economy rebounds, passing the bottom of the V shape

The economy has surpassed the lowest point of the V shape and been in recovery track, Minister and Chairman of the Government Office Mai Tien Dung told the press on Friday.

Vietnam central bank cuts interest rates the third time to back virus-hit ...

Vietnam’s central bank has decided to cut the ceiling interest rates for both lending and deposit from October 1 to support enterprises hit by the Covid-19 pandemic.

Vietnam’s economy to grow 2.6% in 2020 and 8.2% in 2021: Fitch

Vietnam’s economic recovery is on track with 2.6 percent growth expected in 2020 and in 2021, growth could accelerate to 8.2 percent, according to a recent forecast from Fitch Solutions.

Vietnam’s 9-month trade surplus widens to nearly $17bln despite trade ...

Despite trade restrictions due to pandemic, Vietnam has recorded a trade surplus of $16.69 billion in the first nine months of 2020, according to latest data from the General Statistics Office.

Vietnam’s Q3 inflation accelerates 3.18% from a year earlier

The country’s consumer price in the third quarter of 2019 grew 0.92 percent from previous quarter and 3.18 percent over the same period of previous year, General Statistics Office reported.

Vietnam’s 9-month GDP growth falls to 9-year low at 2.12% on pandemic

Economic growth in the first nine months of this year stood at 2.12 percent, a nine-year low, when the economy was hit by pandemic, according to data released by General Statistics Office.

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Economy

Vietnam does not manipulate currency for stronger trade competitiveness, PM says

Apple’s shifting supply chain creates boomtowns in rural Vietnam: Bloomberg

Vietnam’s 2020 budget deficit seen at 5.59% of GDP, exceeding target