Economy

Vietnam’s four-month credit growth slows to 1.32% vs 3.23%

Vietnam recorded a slower pace in credit growth which was at 1.32% as of April 28 from end of 2019, State Bank of Vietnam Governor Le Minh Hung told the government meeting.

Vietnam wants its biggest city to achieve 6.7 percent growth in 2020

Prime Minister Nguyen Xuan Phuc tasked Ho Chi Minh City, the country’s growth driver, to achieve 6.7 percent economic growth in 2020 despite severe impacts from coronavirus crisis.

Vietnam’s agriculture sector gains trade surplus of $2.8bln in 4 months

Vietnam’s agriculture sector earned a trade surplus of $2.8 billion in the first 4 months of 2020, 4.1% lower than the same period last year, Ministry of Agriculture and Rural Development said.

Vietnam’s agriculture sector gains trade surplus of $2.8bln in 4 ...

Vietnam’s agriculture sector earned a trade surplus of $2.8 billion in the first 4 months of 2020, 4.1% lower than the same period last year, Ministry of Agriculture and Rural Development said.

Vietnam wants economy to grow faster than 2.7% IMF forecast, inflation below ...

Vietnam is striving for 2020 GDP growth at above 2.7% while the inflation rate remains below 4%, Prime Minister Nguyen Xuan Phuc said while chairing cabinet meeting on Tuesday in Hanoi.

Vietnam ranks 12th among 66 emerging economies in Covid-19 fallout

Vietnam was placed as the 12th strongest economy out of 66 emerging economies in the wake of the Covid-19 fallout, according to the Economist.

Vietnam's April manufacturing PMI plunges to 32.7 points on coronavirus: ...

Vietnam Purchasing Managers' Index fell to 32.7 points in April from 41.9 in March, further signaling a downturn, the report compiled by the London-based global information provider IHS Markit revealed on Monday.

Vietnam’s Rice Exports Ready to Flow Again as Premier Ends Curbs

Vietnam will end rice export restrictions from the start of May, bringing closure to a month-long saga that sparked fears over food protectionism and caused global prices to spike.

Vietnam’s April CPI drops 1.54% to four-year low on low oil prices

Vietnam’s CPI in April fell 1.54% against March, the lowest April CPI since 2016 due to the decreasing prices of gasoline and low consumption demand as the country applied social distancing campaign.

Vietnam’s 4-month trade surplus seen at $3bln despite public health ...

Vietnam saw trade revenue at $162.8 billion during the 4-month period, up 3.4% over the same period last year despite economic slowdown due to coronavirus outbreak, General Statistics Office said.

Vietnam's trade surplus with US in first quarter reported at $12.4 ...

Vietnam saw bilateral trade with the US at a double-digit growth to $19.5 billion in the first three months of 2020, with a trade surplus of $12.4 billion, customs data said.

Vietnam’s Jan.-April foreign direct investment inflows drop nearly ...

Total foreign investment inflows to Vietnam seen to dip 14.5% to $12.33 billion as of April 20, according to the Ministry of Planning and Investment.

Vietnam Looks for Economic Rebound After Mass Quarantines

Vietnam flattened its coronavirus infection curve with a sledgehammer, and after some early success, it’s now starting to open up its economy again.

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Economy

Vietnam lowers key interest rates to buffer COVID-19 pandemic impact

Vietnam considers further key interest rates cut to back virus-hit economy

Vietnam adjusts its biggest city’s 1Q growth to 1.03% vs 0.42%