Public investment to drive Vietnam’s 2023 economy: expert

Public investment to drive Vietnam’s 2023 economy: expert

Public investment is likely to become the major driving force behind Vietnam’s economy in 2023, said Vo Tri Thanh, director of the Institute for Brand and Competitiveness Strategy, at a conference on Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Be ready to further monetary tightening: WB to Vietnam

Be ready to further monetary tightening: WB to Vietnam

Vietnam should be "ready to consider further tightening of monetary policy" to ensure inflation remains anchored amidst its strong economic recovery and global uncertainties, says the World Bank.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam among most exciting investment destinations: EuroCham

Vietnam among most exciting investment destinations: EuroCham

Vietnam offers great investment opportunities, and European businesses are very excited about the country's prospects in the medium- to short-term, says Alain Cany, chairman of EuroCham Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam mulls policy rate hike amid surging U.S. inflation

Vietnam mulls policy rate hike amid surging U.S. inflation

Prime Minister Pham Minh Chinh asked the State Bank on Thursday to consider raising its policy interest rates and deposit rates, while steadying lending rates.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam GDP growth tops Southeast Asia: ADB

Vietnam GDP growth tops Southeast Asia: ADB

Vietnam's GDP growth is estimated at 6.5% for this year and 6.7% next year on strong economic fundamentals, key to fast recovery, Asian Development Bank (ADB) said Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ho Chi Minh City economy expands 3.82%, public funding slows

Ho Chi Minh City economy expands 3.82%, public funding slows

Ho Chi Minh City, Vietnam’s largest economic hub, posted a 3.82% economic growth rate in this year’s first half, while disbursement of public investments was just 17% of the year target, official figures show.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam economic rebound robust amid higher global uncertainties: WB

Vietnam economic rebound robust amid higher global uncertainties: WB

Vietnam’s economic recovery remains strong despite the protracted war in Ukraine, higher commodity prices, supply chain disruption caused by Covid-19 lockdowns in China and tightening global financial conditions, the World Bank stated Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stock market expected to rally in third quarter

Vietnam stock market expected to rally in third quarter

The Vietnamese stock market is predicted to prosper from the third quarter of this year after downturns as regulators have tightened control to make it healthier, experts said.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Infrastructure projects to aid southern realty market

Infrastructure projects to aid southern realty market

Infrastructure projects planned for 2021 – 2025 in southern Vietnam, especially in Ho Chi Minh City and satellite areas, are expected to propel the regional property market.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam grows 5.03% in Q1, back on track

Vietnam grows 5.03% in Q1, back on track

Vietnam’s export-driven economy expanded 5.03% year-on-year in the first quarter, with signals indicating it is well on track to recovery.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gasoline price drops after six consecutive hikes

Gasoline price drops after six consecutive hikes

The gasoline price in Vietnam reduced by more than VND600 (2.6 U.S. cents) a liter from 3 p.m. Monday, after six rises in a row in the year to date.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7