Vietnam high tech sector appealing to FDI firms: analysts

Vietnam high tech sector appealing to FDI firms: analysts

High technology is continuing to attract foreign-invested enterprises in Vietnam this year, which in turn will give a boost to the country’s economic growth, analysts have said.

Industries - Wed, May 8, 2024 | 10:18 am

Vietnam investment environment favorable for strategic M&A opportunities: KPMG

Vietnam investment environment favorable for strategic M&A opportunities: KPMG

With inflation under control, projected growth of 5.8% and public debt kept manageable this year, Vietnam’s investment environment offers strategic opportunities, especially in M&A, says audit and consulting firm KPMG.

Economy - Thu, May 2, 2024 | 4:59 pm

Standard Chartered revises down Vietnam GDP growth forecast to 6%

Standard Chartered revises down Vietnam GDP growth forecast to 6%

Standard Chartered Bank has lowered Vietnam's 2024 GDP growth forecast to 6% from 6.7% in January due to lower-than-expected Q1 growth and global trade headwinds.

Economy - Wed, April 24, 2024 | 3:03 pm

Vietnam economic recovery expected to speed up in H2: WB

Vietnam economic recovery expected to speed up in H2: WB

Vietnam’s economy has shown signs of uneven recovery in early 2024 and economic activities are expected to firm up in the second half of this year, the World Bank says in its latest bi-annual economic update.

Economy - Tue, April 23, 2024 | 4:37 pm

ADB retains Vietnam's GDP growth forecast at 6% for 2024

ADB retains Vietnam's GDP growth forecast at 6% for 2024

The Asian Development Bank (ADB) has retained Vietnam's economic growth forecast this year at 6%, the bank said in its April 2024 edition of the Asian Development Outlook (ADO).

Economy - Thu, April 11, 2024 | 9:15 am

Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO

Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO

Vietnam’s GDP growth could reach 6% in 2024 and 6.5% in 2025, higher than the 5.1% posted in 2023, according the ASEAN+3 Macroeconomic Research Office (AMRO).

A year in review and 2024 forecasts - Wed, April 10, 2024 | 5:26 pm

Vietnam economy sees brighter growth prospects in 2024 amid uneven Q1 recovery: HSBC

Vietnam economy sees brighter growth prospects in 2024 amid uneven Q1 recovery: HSBC

Vietnam’s recovery story remains intact but uneven as domestic-oriented services lag behind external-facing sectors, HSBC researchers have said, highlighting better growth prospects for this year.

Economy - Sat, April 6, 2024 | 10:43 am

Vietnam planning ministry opts for 6.5% growth scenario after Q1 acceleration

Vietnam planning ministry opts for 6.5% growth scenario after Q1 acceleration

The Ministry of Planning and Investment, the government's principal economic advisory body, has proposed targeting GDP growth of 6.5% this year, the mandatory upper limit, after the first-quarter pace hit a five-year high.

Economy - Wed, April 3, 2024 | 4:38 pm

Prospects remain bright for Vietnam economy despite geopolitical conflicts: UOB

Prospects remain bright for Vietnam economy despite geopolitical conflicts: UOB

With performance in the first quarter coming within expectations and a positive start to 2024, prospects for Vietnam this year remain positive despite downside risks stemming from geopolitical tensions, Singapore-based UOB said in a note.

Economy - Tue, April 2, 2024 | 11:21 am

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge

The World Bank has kept its growth projections for Vietnam’s GDP at 5.5% for 2024 and 6% for 2025, unchanged from its forecasts in October 2023, despite the country’s Q1 growth hitting a five-year high on a quarterly basis.

Economy - Mon, April 1, 2024 | 10:54 am

Vietnam economy grows 5.66% in Q1/2024, highest in 5 years

Vietnam economy grows 5.66% in Q1/2024, highest in 5 years

Vietnam has recorded GDP growth of 5.66% in the first quarter of 2024, the highest figure for the same period since 2020, the General Statistics Office reported on Friday.

Economy - Fri, March 29, 2024 | 9:35 am

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

A future trans-Vietnam high-speed railway is expected to contribute one percentage point to the country’s annual economic growth in the 2025-2037 period, a report has shown.

Economy - Wed, March 27, 2024 | 12:21 pm

Vietnam’s economy to grow 6.1% in Q1: Standard Chartered

Vietnam’s economy to grow 6.1% in Q1: Standard Chartered

Vietnam’s GDP is expected to expand 6.1% year-on-year in the first quarter of 2024, much higher than a 3.32% growth rate in Q1/2023 but lower than the 6.72% posted in Q4/2023, according to Standard Chartered Bank.

A year in review and 2024 forecasts - Mon, March 25, 2024 | 10:55 am

Financial sector contributes greatly to Vietnam’s 2023 successes: minister

Financial sector contributes greatly to Vietnam’s 2023 successes: minister

Vietnam's financial sector made important gains in 2023, contributing to the country's "silver lining" with GDP growth of 5.05% amidst the global complex economic picture, said Minister of Finance Ho Duc Phoc.

Finance - Wed, February 14, 2024 | 8:23 am