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 should consider establishing crisis and financial stability monitoring function at SBV: IMF

Vietnam should consider establishing crisis and financial stability monitoring function at SBV: IMF

On the occasion of new year 2024, Jochen Schmittmann, resident representative of the International Monetary Fund (IMF) in Vietnam, talks to The Investor about the prospects of Vietnam’s economy and recommendations on deepening the capital market.

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

Fitch Ratings forecasts Vietnam economy to grow 6.3% in 2024

Fitch Ratings forecasts Vietnam economy to grow 6.3% in 2024

Vietnam’s economy is predicted to grow 6.3% in 2024 and 7% in 2025 thanks to support from domestic fiscal and monetary policies, following a slowdown in 2023, Fitch Ratings has said.

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

IMF retains Vietnam’s 2023 GDP growth forecast at 4.7%

IMF retains Vietnam’s 2023 GDP growth forecast at 4.7%

The IMF has kept its 2023 GDP growth forecast for Vietnam unchanged from its April projection at 4.7%, below the government’s 6.5% target, though the country's liquidity, foreign exchange and inflationary pressures have eased.

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

AMRO cuts Vietnam GDP growth forecast to 4.4%

AMRO cuts Vietnam GDP growth forecast to 4.4%

The ASEAN+3 Macroeconomic Research Office (AMRO) has revised down Vietnam’s GDP growth forecast to 4.4% in 2023 in its July update for regional economic outlook from 6.8% in April.

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

Vietnam economic rebound forecast for second half

Vietnam economic rebound forecast for second half

Vietnam’s economy in the second half of this year is set to pick up again after slow growth in the first half, but its full-year growth would be slower than earlier predicted, HSBC and DBS Bank said.

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

UOB cuts Vietnam 2023 growth forecast down to 5.2%

UOB cuts Vietnam 2023 growth forecast down to 5.2%

Singapore’s United Overseas Bank (UOB) has revised down its 2023 growth projection for Vietnam to 5.2% in view of the challenges ahead and the first half’s 3.72% expansion year-on-year.

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

IMF pegs Vietnam 2023 growth at 4.7% with H2 recovery

IMF pegs Vietnam 2023 growth at 4.7% with H2 recovery

The International Monetary Fund (IMF) estimates Vietnam’s 2023 growth at 4.7%, aided by a second-half recovery led by a rebound in exports and expansionary domestic policies.

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

Vietnam to double global economic growth: IMF

Vietnam to double global economic growth: IMF

The International Monetary Fund’s managing director Kristalina Georgieva called Vietnam “a shining star” and forecast the country’s growth would be twice that of the global economy.

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

Vietnam economy not out of the woods yet: HSBC

Vietnam economy not out of the woods yet: HSBC

Vietnam’s slowing economy has not seen the light at the end of the tunnel on the trade front as external weakness has dampened growth, amid acute exposure to the global trade cycle, according to a new HSBC report.

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

Vietnam needs to tackle inflation head-on: IMF

Vietnam needs to tackle inflation head-on: IMF

Vietnam's inflation is "still pretty high", and the central bank needs to address the problem head-on so that it does not have to tighten much faster later, said the International Monetary Fund (IMF).

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

Vietnam GDP growth slows to 5.8% in 2023, accelerates to 6.9% in 2024: IMF

Vietnam GDP growth slows to 5.8% in 2023, accelerates to 6.9% in 2024: IMF

Vietnam’s GDP growth might slow down to 5.8% in 2023 and then rebound to 6.9% in 2024, among the highest figures in Asia, according to the International Monetary Fund (IMF).

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

Vietnamese stocks 'good to buy now'

Vietnamese stocks 'good to buy now'

Vietnam’s benchmark VN-Index has dropped by almost 30% so far this year but its stocks, with cheap valuations, remain attractive, according to foreign and domestic investment firms.

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

Vietnam economic recovery fast, impressive: international agencies

Vietnam economic recovery fast, impressive: international agencies

Vietnam is on a growth trajectory with stable macro-economic fundamentals, signalling bright prospects for FDI attraction even amidst global geopolitical turbulence.

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

Vietnam growth upbeat amid slowing Asia: IMF

Vietnam growth upbeat amid slowing Asia: IMF

Vietnam’s upbeat growth outlook is bucking the slowing trend elsewhere in Asia, with relatively subdued inflation as an exception to the regional rule, the International Monetary Fund said Tuesday.

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

Foreign banks conduct aggressive expansion in Vietnam

Foreign banks conduct aggressive expansion in Vietnam

Overseas banking groups have accelerated their pace of expansion in Vietnam, where the marketplace and growing young population are driving its economy.

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

ASEAN-5 to grow faster than China: IMF

ASEAN-5 to grow faster than China: IMF

Five larger economies in Southeast Asia, namely Indonesia, Malaysia, Philippines, Thailand, and Vietnam, will grow faster than China this year and next year, according to the International Monetary Fund's latest projections.

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

Government on high alert against inflation risk

Government on high alert against inflation risk

Deputy Prime Minister Le Minh Khai has called for timely measures to ensure macro-economic stability and cope with inflation pressures.

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

HSBC, IMF raise Vietnam growth forecast

HSBC, IMF raise Vietnam growth forecast

HSBC has revised up Vietnam’s GDP prediction this year from 6.6% to 6.9%, while International Monetary Fund put its forecast at 6%.

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

Vietnam economic indicators show stronger momentum: IMF

Vietnam economic indicators show stronger momentum: IMF

A post-pandemic recovery is underway in Vietnam and high-frequency indicators point to stronger momentum going into 2022, with rising retail sales, industrial production, and firm entry, says the International Monetary Fund.

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

Vietnam maintains strong position among emerging countries: analysts

Vietnam maintains strong position among emerging countries: analysts

Vietnam has maintained a solid position among emerging nations owing to low public debt, positive GDP in 2021, and stable fiscal scale post-pandemic, according to the Asian Development Bank.

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

Vietnam’s post-pandemic recovery on right track: IMF executive

Vietnam’s post-pandemic recovery on right track: IMF executive

Vietnam’s impressive vaccination drive and timely program for recovery and development have helped create a positive post-pandemic outlook for the country, said Antoinette Sayeh, Deputy Managing Director of the International Monetary Fund.

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

Vietnam's post-pandemic recovery uneven: IMF

Vietnam's post-pandemic recovery uneven: IMF

Spurred by an impressive vaccination drive and accommodative policies, Vietnam’s economy is rebounding from a severe pandemic wave in 2021, but the recovery has been uneven to date, the IMF said.

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