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
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
Singapore keeps monetary policy unchanged
The Monetary Authority of Singapore (MAS) on Friday announced that it has decided to keep its monetary policy unchanged, in line with expectations, as inflation and economic growth in the city-state moderated.
Southeast Asia - Fri, April 12, 2024 | 11:21 pm
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
Digital literacy skill enhancement for women entrepreneurs: RMIT experts
If digitally trained, women who make up the majority of micro, small and medium enterprises (MSMEs) could hold the potential to accelerate national economic growth, write RMIT Vietnam experts.
Economy - Mon, April 8, 2024 | 7:11 am
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
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 dong likely to strengthen toward year end: UOB
The Vietnamese dong or VND is expected to strengthen slightly against the U.S. dollar in the latter half of this year, along with the country's economic recovery and the anticipated weakening of the greenback, according to Singapore-based bank UOB.
A year in review and 2024 forecasts - Mon, March 11, 2024 | 4:53 pm
No power shortage under ‘any circumstances,’ pledges state utility EVN
Vietnam Electricity (EVN), which holds a power distribution monopoly, is committed to not letting power shortages happen under “any circumstances” in order to accommodate economic growth of 6-6.5% this year.
Energy - Mon, March 4, 2024 | 4:49 pm
Lend more, promote growth, Vietnam central bank tells commercial banks
The State Bank of Vietnam (SBV) has asked commercial banks to take measures to boost credit growth in the first months of 2024 and contribute to promoting economic growth.
Banking - Fri, February 9, 2024 | 3:40 pm
Non-market economy designation not a political decision: US Under Secretary of State Fernandez
The recognition of Vietnam market economy status is a quasi-judicial proceeding and is not a political decision, said U.S. Under Secretary of State Jose W. Fernandez for economic growth, energy, and the environment.
Economy - Thu, February 1, 2024 | 11:23 am
Vietnam continues to see strong FDI inflows in 2024: HSBC
The strong inflows of foreign direct investment will likely continue in 2024, buttressing Vietnam’s manufacturing sector, said James Cheo, chief investment officer for Southeast Asia and India, Global Private Banking and Wealth, at HSBC.
A year in review and 2024 forecasts - Tue, January 23, 2024 | 2:53 pm
Vietnam has large fiscal stimulus space to boost growth: broker
Vietnam has plenty of fiscal stimulus room to further beef up its economic growth, which is expected at 6.3% this year, up from 5.05% in 2023, VNDirect Securities says in a recent report.
A year in review and 2024 forecasts - Mon, January 22, 2024 | 10:18 pm
Vietnam GDP growth can reach 6% in 2024: ASEAN+3 macroeconomic research office
Vietnam’s GDP growth can reach 6% in 2024, according to the January edition of the ASEAN+3 Regional Economic Outlook.
A year in review and 2024 forecasts - Mon, January 22, 2024 | 4:41 pm
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam central bank pumps cash to save troubled lender SCB
