Closer trade ties with friendly nations adds to Vietnam’s investment allure: expert

Closer trade ties with friendly nations adds to Vietnam’s investment allure: expert

Closer trade ties with friendly countries in the region will add to Vietnam’s attractiveness as an FDI destination, writes Dr. Daniel Borer, business school lecturer in management, RMIT University Vietnam.

Economy - Tue, May 7, 2024 | 8:08 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

Improved business environment, infrastructure can help Vietnam’s growth reach 6.5%: IMF

Improved business environment, infrastructure can help Vietnam’s growth reach 6.5%: IMF

Improving the business environment and infrastructure can help Vietnam secure economic growth of 6.5% over the medium term, said Krishna Srinivasan, director of the International Monetary Fund's (IMF) Asia and Pacific Department.

Economy - Fri, April 19, 2024 | 9:32 pm

Vietnam added to Emerging Market and Middle-Income Economies group by IMF

Vietnam added to Emerging Market and Middle-Income Economies group by IMF

Vietnam has been removed from the Low-Income Developing Countries (LIDCs) group and added to the Emerging Market and Middle-Income Economies (EMMIEs) group by the International Monetary Fund (IMF).

Economy - Wed, April 17, 2024 | 4:05 pm

Vietnam’s 2024 GDP forecast to grow 5.8%: Maybank Securities

Vietnam’s 2024 GDP forecast to grow 5.8%: Maybank Securities

Vietnam’s economy is expected to expand 5.8% in 2024 from 5.05% last year, driven by exports and domestic consumption, projected Maybank Securities Limited (MSVN).

Economy - Fri, April 12, 2024 | 9:32 am

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