Take input for production to reduce import dependence

Take input for production to reduce import dependence

VCN - According to a representative of the Vietnam Textile and Garment Group (Vinatex), many textile and garment enterprises have to spend more than 20% of the value to buy domestic raw materials due to the application of additional taxes, fees and loan c
Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%

Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%

Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0% to reflect robust Q3 growth of 13.7% year-on-year. The last quarter 2022 growth is anticipated at 4.0%.
Việt Nam

Việt Nam's GDP projected at 7% in 2022: AMRO

ASEAN+3 Macroeconomic Research Office (AMRO) has joined many international organisations in revising up Việt Nam’s GDP growth this year thanks to the country’s strong performance since early this year and success in containing inflation.
UOB upgrades 2022 growth forecast for Vietnam to 8.2%

UOB upgrades 2022 growth forecast for Vietnam to 8.2%

Given Vietnam’s strong economic recovery in the third quarter, the Singapore-based United Overseas Bank (UOB) has raised its forecast for the country’s GDP growth this year to 8.2%, from the previous prediction of 7%.
Vietnam’s GDP growth to be among the highest in Southeast Asia

Vietnam’s GDP growth to be among the highest in Southeast Asia

Vietnam’s GDP growth in 2022 and 2023 will be among the highest in Southeast Asia as shown in many international organisations’ forecasts and assessments on the Vietnamese economic outlook.
GDP growth is faster and more sustainable

GDP growth is faster and more sustainable

VCN - Since the beginning of 2022, international organizations have made many positive comments on economic development in Vietnam.
VN stocks could be in sweet spot as GDP growth surges, stronger growth forecast

VN stocks could be in sweet spot as GDP growth surges, stronger growth forecast

The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.
Vietnam’s GDP growth to be well above 6.5% target, forecast experts

Vietnam’s GDP growth to be well above 6.5% target, forecast experts

Vietnam’s GDP growth is anticipated to hover between 6.9% and 9% this year thanks to the positive performance in the second quarter and the first half of the year, according to domestic and international economic experts.
HSBC upgrades Vietnam’s growth forecast to 6.9%

HSBC upgrades Vietnam’s growth forecast to 6.9%

HSBC has raised its forecast for Vietnam’s economic growth this year to 6.9%, from the previous prediction of 6.6%, which is possibly the fastest pace in the region.
Việt Nam

Việt Nam's GDP hits 10-year high of 7.72% in Q2

The Vietnamese economy expanded at 7.72 per cent in the second quarter of this year, higher than the growth rates in the same quarters during the 2011-2021 period, the General Statistics Office (GSO) reported at a press conference on Wednesday.
What is the key point in private economic development?

What is the key point in private economic development?

VCN - Regarding the development of the private economic sector, Vu Tien Loc, member of the Economic Committee of the National Assembly, Chairman of the Vietnam International Arbitration Center, said that the goal of having more than 1.5 million enterprise
VN"s GDP to grow by 5.5-6%, risk and inflation on the rise

VN"s GDP to grow by 5.5-6%, risk and inflation on the rise

Việt Nam's GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per cent in 2022 and likely over 5 per cent in 2023, said economists and policymakers during an economic forum organised by the Ministry of Planning and Investment in Hà Nội yesterday.nbsp;
Public debt not to exceed 60% of GDP by 2030

Public debt not to exceed 60% of GDP by 2030

VCN - Deputy Prime Minister Le Minh Khai has just signed Decision 460/QD-TTg dated April 14, 2022 approving the Strategy for Public Debt to 2030. In which, it is expected that by 2030, public debt will not exceed 60% of GDP and Government will not exceed
GDP forecast to surge 30 billion USD through digital transformation of SMEs

GDP forecast to surge 30 billion USD through digital transformation of SMEs

Vietnam’s gross domestic product (GDP) is projected to surge by 30 billion USD if the country succeeds in its digital transformation of small- and medium-sized enterprises (SMEs), an official has said.
HSBC lowers Vietnam’s 2022 GDP rate to 6.2%

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.
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