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

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

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

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

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

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

Vietnam to be a key player in global agriculture: HSBC exec

Vietnam to be a key player in global agriculture: HSBC exec

The World Economic Forum (WEF) last year selected Vietnam as one of the first three countries to pilot the Food Innovation Hub, a flagship initiative of the Food Action Alliance designed to improve sustainability in food production, writes Surajit Rakshit, country head of global trade and receivables finance, HSBC Vietnam.

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

Vietnam’s new export orders set to continue rising on strengthening US economy: VinaCapital

Vietnam’s new export orders set to continue rising on strengthening US economy: VinaCapital

Vietnam’s new export orders are expected to continue growing in the months ahead due to the surprising strength of the U.S. economy, as evidenced by the highest level of US consumer confidence since the Covid-19 reopening boom, says Vietnam-focused fund manager VinaCapital.

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

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

Vietnam’s 2024 economic outlook through lens of experts

Vietnam’s 2024 economic outlook through lens of experts

Vietnamese economists have given their forecasts on the country’s economic outlook in 2024, with opportunities intertwined with difficulties and challenges.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Rising FDI inflows to further boost Vietnam’s domestic activities: UOB

Rising FDI inflows to further boost Vietnam’s domestic activities: UOB

An increase in both actual and registered foreign direct investment (FDI) inflows in 2023 will further boost Vietnam’s domestic activities in the quarters ahead including construction and employment, said researchers at Singapore-headquartered bank UOB.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam GDP growth can reach 6% in 2024: ASEAN+3 macroeconomic research office

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

Vietnam economy could grow 6% in 2024 as exports, manufacturing improve: UOB exec

Vietnam economy could grow 6% in 2024 as exports, manufacturing improve: UOB exec

Vietnam could reach GDP growth of 6% in 2024 and over 6% in 2025 as exports and manufacturing continue to improve, but these figures are still comparatively low given that the country's economic expansion was 7-8% before the pandemic, said Suan Teck Kin, executive director at UOB Global Economics & Market Research.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s economic growth could reach 6.13-6.48%: think tank

Vietnam’s economic growth could reach 6.13-6.48%: think tank

Vietnam’s economic growth can reach between 6.13% and 6.48% in 2024, higher than 5.05% achieved last year, according to two scenarios announced on Monday by the Central Institute for Economic Management (CIEM), a think tank under the Ministry of Planning and Investment.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s domestic consumption rebound driven by employment growth

Vietnam’s domestic consumption rebound driven by employment growth

One reason sentiment and spending started recovering in the middle of last year is that the employment picture started improving around that time, writes Michael Kokalari, chief economist of VinaCapital.

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

WB revises down Vietnam’s 2024 GDP growth forecast to 5.5%

WB revises down Vietnam’s 2024 GDP growth forecast to 5.5%

Vietnam’s GDP growth could reach 5.5% in 2024 and 6% in 2024, the World Bank said in its January 2024 edition of the “Global Economic Prospects” report.

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

Vietnam's GDP growth to reach 6.5% in 2024: VinaCapital economist

Vietnam's GDP growth to reach 6.5% in 2024: VinaCapital economist

Vietnam's GDP growth could rise from 5.1% last year to 6-6.5% in 2024, driven by a recovery in the country's exports which fell 4.4% in 2023 but could grow 7% in 2024, writes Michael Kokalari, chief economist of VinaCapital.

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

Vietnam economy can grow 6% in 2024, 6.5% in 2025: UN

Vietnam economy can grow 6% in 2024, 6.5% in 2025: UN

Vietnam could reach GDP growth of 6% this year and 6.5% in 2025, according to the United Nations' (UN) World Economic Situation Prospects 2024 report.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s GDP grows 5.05% to $430 bln in 2023

Vietnam’s GDP grows 5.05% to $430 bln in 2023

Vietnam’s GDP grew 5.05% year-on-year to $430 billion in 2023, the General Statistics Office (GSO) announced Friday.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam GDP growth can reach 5-6.7% in 2024: finance institutions

Vietnam GDP growth can reach 5-6.7% in 2024: finance institutions

Foreign organizations have expressed a positive outlook about Vietnam’s GDP growth next year on the basis that the country’s economic growth is likely to surpass 5% this year as forecast by Party General Secretary Nguyen Phu Trong.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Readymade warehouses, factories lure significant foreign investment to Vietnam: Knight Frank

Readymade warehouses, factories lure significant foreign investment to Vietnam: Knight Frank

The market for ready-built warehouses and factories has experienced a fivefold increase in investor numbers since 2018, said Alex Crane, managing director of real estate consultant Knight Frank Vietnam.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB revises Vietnam 2023 growth downwards to 5.2%

ADB revises Vietnam 2023 growth downwards to 5.2%

The Asian Development Bank (ADB) has revised Vietnam’s 2023 GDP growth down to 5.2% from its September estimate of 5.8% but maintained its 6% forecast for next year.

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

Vietnam PM demands pro-growth efforts over economic underperformance concerns

Vietnam PM demands pro-growth efforts over economic underperformance concerns

Prime Minister Pham Minh Chinh has ordered government agencies to deploy growth-bolstering measures to lift the underperforming local economy amid weaker external demand.

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

Positive outlook for Vietnamese banks, GDP growth over 6% in 2024: Fitch

Positive outlook for Vietnamese banks, GDP growth over 6% in 2024: Fitch

Vietnamese banks are set to enjoy a favorable business environment over the next few years in tandem with a strengthening economy, a Fitch Ratings report says.

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

Vietnam a high-income nation within 20 years: VinaCapital exec

Vietnam a high-income nation within 20 years: VinaCapital exec

If Vietnam maintains its GDP growth rate of 6.23%, it will become a high-income country by 2043 with a per-capita income of $12,000, says Brook Taylor, CEO of Asset Management at VinaCapital.

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

Vietnam GDP growth to miss target at just 5% : Deputy PM

Vietnam GDP growth to miss target at just 5% : Deputy PM

Vietnam’s GDP growth this year may reach just 5%, far below the 6.5% target set by the National Assembly, said Deputy Prime Minister Le Minh Khai.

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

Global economic growth to slow to 3% in 2023, 2.9% in 2024: IMF

Global economic growth to slow to 3% in 2023, 2.9% in 2024: IMF

Global growth is forecast to slow from 3.5% in 2022 to 3% in 2023 and 2.9% in 2024, the International Monetary Fund (IMF) wrote in its October edition of the World Economic Outlook.

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

Vietnam’s economic growth can reach 5% in 2023, 6.3% in 2024: HSBC

Vietnam’s economic growth can reach 5% in 2023, 6.3% in 2024: HSBC

Vietnam can reach economic growth of 5% in 2023 and 6.3% in 2024, said Frederic Neumann, HSBC's chief Asia economist and co-head of Global Research Asia, at a Monday event held by the bank.

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

Vietnam plans to borrow $27.6 bln in 2024

Vietnam plans to borrow $27.6 bln in 2024

The Vietnamese government plans to borrow VND676.06 trillion ($27.6 billion) in 2024 to cover the state budget deficit and finance rollovers and reloans, according to a report sent to the parliament.

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

Vietnam set to resume rapid economic growth in medium term: S&P Global

Vietnam set to resume rapid economic growth in medium term: S&P Global

Despite near-term headwinds to national economic growth, Vietnam’s export-driven economy is expected to resume rapid growth over the medium term, as shipments to major markets rebound, said Rajiv Biswas, Asia Pacific chief economist at S&P Global Market Intelligence.

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

Vietnam GDP growth can reach 4.7% in 2023, 6% in 2024: research unit AMRO

Vietnam GDP growth can reach 4.7% in 2023, 6% in 2024: research unit AMRO

Vietnam’s GDP growth can reach 4.7% in 2023 and 6% in 2024, according to the October edition of the ASEAN+3 Regional Economic Outlook of the ASEAN+3 Macroeconomic Research Office (AMRO).

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

Ericsson values Vietnam’s attractiveness as hi-tech foreign investment destination: CEO

Ericsson values Vietnam’s attractiveness as hi-tech foreign investment destination: CEO

In a talk with The Investor, Denis Brunetti - president of Ericsson Vietnam, Myanmar, Cambodia and Laos, speaks about Vietnam’s significant potential to attract high tech foreign investment, particularly in manufacturing and R&D, accelerating the digital transformation of industries and growing the digital economy.

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

WB revises down Vietnam’s GDP growth forecast to 4.7% in 2023, 5.5% in 2024

WB revises down Vietnam’s GDP growth forecast to 4.7% in 2023, 5.5% in 2024

The World Bank has revised down its Vietnam GDP growth forecast to 4.7% in 2023 and 5.5% in 2024, according to the bank’s October edition of its East Asia and The Pacific Economic Update.

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

Vietnam’s best scenario GDP growth not more than 6% this year: minister

Vietnam’s best scenario GDP growth not more than 6% this year: minister

Despite ongoing efforts to accelerate public investment disbursement and other measures, Vietnam’s economic growth is unlikely to exceed 6% this year, according to the Ministry of Planning and Investment.

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