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Economy

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Measures to sustain economic growth for the rest of 2023

Tax cuts are one of the most powerful instruments to boost domestic consumption under the current economic conditions.

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Vietnam’s nine-month economic growth reported at 4.24% YoY

The country’s GDP grew by 4.24% in the first 9 months, exceeding the growth rate of 2.19% and 1.57% in 2020 and 2021, according to data from the General Statistics Office.

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Vietnam's economy to revive in second half of 2023, says Standard Chartered

Following early signs of recovery in the second quarter, Standard Chartered Bank forecasts a comeback in Vietnam's economy in the second half of the year.

  • Winners and losers of inflation

    One of the biggest problems facing the economy is inflation. It does more than just make prices go up; it also creates winners and losers.
  • Reinvigorating Vietnam’s export markets

    A deceleration in exports is not only a matter of concern for businesses but also poses challenges for government agencies as exports constitute one of the three drivers of Vietnam’s economic growth.
  • SOEs help stabilise macro-economy

    With various drastic and flexible measures taken to boost production, business and investment activities and carry out assigned political tasks, groups and corporations have posted significant growth, contributing to maintaining macro-economic stability.