Available foundations and drivers for strong economic growth

Available foundations and drivers for strong economic growth

VCN - Discussing the potential for Vietnam's economic growth in the coming time, Associate Professor, Dr. Tran Hoang Ngan, National Assembly delegate from Ho Chi Minh City said that Vietnam's economy has many driving forces for strong growth from exports,
The economy can achieve the GDP growth target of about 7 percent

The economy can achieve the GDP growth target of about 7 percent

According to Nguyen Thi Huong, Director General of the General Statistics Office, to achieve the economic growth target in 2024, macroeconomic stability will be an important foundation
The insurance industry is expected to grow by 10 percent in 2024

The insurance industry is expected to grow by 10 percent in 2024

VCN - Despite many difficulties, thanks to timely instructions from regulatory agencies, the introduction of the Insurance Business Law (2023) along with guiding decrees and circulars and the efforts of businesses, the insurance industry is still making s
Vietnam

Vietnam's GDP in 2024 could achieve nearly 7% growth

According to Nguyen Anh Duong, Head of the General Research Department at the Central Institute for Economic Management (CIEM), Vietnam achieved significant socio-economic results in the first half of 2024
The trend of GDP acceleration is increasingly clear

The trend of GDP acceleration is increasingly clear

VCN - According to data on the socio-economic situation in the second quarter and the first six months of 2024 from the General Statistics Office, GDP growth in the second quarter has nearly reached the 7% threshold, reaching 6.93%, bringing 6-month GDP g
Vietnam

Vietnam's economy in 2023 - "rock- steady" development

VCN - More than 2.5 years since the 13th National Party Congress, Vietnam has consolidated their determination to achieve important and comprehensive results in the journey of overcoming unprecedented challenges, focusing on preventing, fighting and contr
To achieve growth goals, businesses must "suffer" restructuring

To achieve growth goals, businesses must "suffer" restructuring

VCN - To achieve socio-economic goals in 2024, Prof.Dr. Hoang Van Cuong (photo), Hanoi National Assembly delegate, Vice Rector of the National Economics University, Member of the National Assembly's Finance and Budget Committee emphasized the work of rest
GDP growth continues to recover but is unlikely to reach the yearly target

GDP growth continues to recover but is unlikely to reach the yearly target

VCN - According to Ms. Nguyen Thi Huong, General Director of the General Statistics Office, although the economy continues its improving trend when GDP growth in the next quarter is higher than the previous quarter, starting to show signs of recovery, But to achieve the growth target of 6.5% for the whole year, growth in the fourth quarter needs to reach over 12%, it can be confirmed that GDP growth this year will not be as high as expected.
Great efforts needed to achieve growth target: experts

Great efforts needed to achieve growth target: experts

Experts have emphasised the need for Vietnam to exert great efforts in the last three months in order to reach the yearly growth target of 6%.
Vietnam’s nine-month GDP increases by 4.24%

Vietnam’s nine-month GDP increases by 4.24%

Vietnam’s gross domestic product (GDP) in the first nine months of this year rose by 4.24% from the same period last year, the General Statistics Office (GSO) announced on September 29.
Prioritize consumer demand stimulus to achieve GDP growth target of 6.5%

Prioritize consumer demand stimulus to achieve GDP growth target of 6.5%

VCN - Revenue from accommodation and food services in the first seven months of 2023 was estimated at 377.3 trillion VND, accounting for 10.7% of the total and increasing by 16.3% over the same period last year.
Three scenarios put forward for national economy in 2023

Three scenarios put forward for national economy in 2023

Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).
Vietnam’s GDP to grow by 5% in Q2: Maybank

Vietnam’s GDP to grow by 5% in Q2: Maybank

Vietnam’s GDP growth is likely to expand by 5% in the second quarter, and 4% in 2023 before reaching 6% in 2024, Singapore-based Maybank Research Pte Ltd said in a report released on June 27.
Vietnam has challenges to overcome on the path to growth

Vietnam has challenges to overcome on the path to growth

In 2022, Vietnam's GDP growth revved up to 8.02%, the highest in 15 years, symbolising a strong recovery from the COVID-19 pandemic, while the Government forecasts that in 2023 the economy will continue to grow at an impressive 6.5%.
Vietnam’s GDP growth forecast to rank second in ASEAN

Vietnam’s GDP growth forecast to rank second in ASEAN

Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF).
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