Vietnam estimated its consumer price index for October jumped 2.47 percent from a year earlier.
Vietnam’s first woman to become central bank governor has the expertise and experience, but she takes the helm at a tough time.
The Southeast Asian economy garnered $1.2 trillion in gross domestic product during the last five years, Prime Minister Nguyen Xuan Phuc told legislators during a National Meeting held in Hanoi.
Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US on car and truck tyres from Vietnam, executives told local media.
- Vietnam 1Q trade surplus narrows to $2.02 bln vs $2.8 bln 1
- Vietnam credit growth hits 2.93% as of end-March 2
- Vietnam’s Feb. inflation hikes 1.52%, highest in eight years 3
- Southeast Asia's growth leader in 2021 could be Vietnam 4
- Vietnam Jan-Feb FDI inflows fall 15.6% y/y to $5.46 bln 5
- Vietnam’s Jan.-mid-Feb trade surplus hits $3 billion 6
Vietnam sees 2020 budget deficit at 3.8% GDP and the rate could rise to 4% next year on pandemic, Minister of Finance Dinh Tien Dung told legislators during a meeting in Hanoi.
Industrial production posted a year-on-year expansion of 2.7 percent in the first ten months this year despite the impacts of Covid-19 pandemic, the General Statistics Office reported Thursday.
Trade surplus in the first ten months of the year has widened to $18.72 billion, with October surplus estimated at $2.2 billion, according to latest data from the General Statistics Office.
Vietnam attracted $23.4 billion FDI during the first ten months of the year, down 19.4 percent from a year ago on pandemic, according to data from Ministry of Planning and Investment.
Vietnam does not aim using exchange rates and monetary policy to facilitate export, Prime Minister Nguyen Xuan Phuc told US high-ranking officials during Monday meeting in Hanoi.
The boom in Bac Giang highlights how the shift in the world’s supply chains is touching regions previously left behind.
The country’s State budget deficit could increase to to 5.59 percent of the GDP this year, beating the 3.44 percent target since revenues fall over Covid-19 impacts.
The size of the Vietnamese economy increased by 1.4 times from that in 2015, Prime Minister Nguyen Xuan Phuc told legislators on Tuesday.
The Government expects 2021 GDP growth at 6 percent, according to the Socio-Economic Development Plan sent to the National Assembly.
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 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.
The country is making autocratic capitalism work unusually well.