Thailand’s economy on track for recovery: Fiscal Policy Office

Thailand’s economy on track for recovery: Fiscal Policy Office

Thailand’s economic figures in January showed signs of recovery with a rebound evident in tourism, consumption, and exports, though private investments have slowed down, the country’s Fiscal Policy Office (FPO) said.

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

Affordable housing to lead Vietnam property market recovery: experts

Affordable housing to lead Vietnam property market recovery: experts

Affordable housing will lead the Vietnamese real estate market recovery this year as even in the most difficult times, this segment still draws great attention from customers, said experts.

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

No massive improvements expected for real estate market in 2024

No massive improvements expected for real estate market in 2024

It is a common view among many real estate experts that challenges will remain for the realty market in 2024.

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

Vietnamese businesses positive about 2024 prospects

Vietnamese businesses positive about 2024 prospects

Vietnamese businesses in general have shown optimism in making their 2024 plans, citing signs of global economic recovery and belief in the government's policies and efforts to revive the economy.

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

Vietnam industry sector recovery continues with 3% Nov growth

Vietnam industry sector recovery continues with 3% Nov growth

Vietnam’s industrial sector continued its recovery as the index of industrial production (IIP) rose 3% in November from October, while the January-November index inched up 1% year-on-year.

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

Vietnam property market to recover in 2024: Cushman & Wakefield

Vietnam property market to recover in 2024: Cushman & Wakefield

The ailing Vietnamese real estate market is expected to pick up next year and rally in 2025 as it becomes a more institutional investor market, prominent property services firm Cushman & Wakefield said.

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

WB facilitates inclusive, sustainable Vietnam recovery with $264 mln credit

WB facilitates inclusive, sustainable Vietnam recovery with $264 mln credit

The World Bank has approved a $263.9 million credit package from the International Development Association to propel Vietnam’s inclusive, green and digitally-driven economic recovery.

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

Vietnam bourses expected to rally in second half of 2023

Vietnam bourses expected to rally in second half of 2023

The Vietnamese stock market is forecast to rally in the second half of 2023 after a quiet start to the year, with investment expected to flow into firms with a positive growth outlook.

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

Prime minister demands lower interest rates to spur growth

Prime minister demands lower interest rates to spur growth

Vietnamese PM Pham Minh Chinh has urged state-run commercial banks to cut both deposit and lending rates to support businesses and help revive the slowing economy.

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

Vietnam's corporate bond market on road to recovery: Techcombank chairman

Vietnam's corporate bond market on road to recovery: Techcombank chairman

Vietnam's corporate bond market is set for a revival thanks to the government's Decree 08, and Techcombank views the news as an opportunity, said the private lender’s chairman Ho Hung Anh.

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

Realty sector pins hopes on property market rebound in Q4

Realty sector pins hopes on property market rebound in Q4

Vietnam’s long-ailing real estate market is expected to witness signs of a revival in the fourth quarter of this year.

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

Vietnam stock market on a sideways trajectory

Vietnam stock market on a sideways trajectory

The Vietnamese stock market appears to have turned stagnant, with low liquidity and no short-term prospects of attracting new buyers.

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

Vietnam realty market forecast to recover in 2024

Vietnam realty market forecast to recover in 2024

Vietnam’s ailing real estate sector would only recover by next year despite government efforts to remove market woes, according to experts.

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

Vietnam property market expected to bounce back in Q3

Vietnam property market expected to bounce back in Q3

Vietnam's ailing real estate market is undergoing a healing process and is expected to start recovering in the third quarter thanks to the government's aid in legal issues.

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

Real estate businesses get back on track with fresh incentives

Real estate businesses get back on track with fresh incentives

Real estate businesses in southern Vietnam are racing on the road to recovery after a period of 'hibernation” by launching new products.

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

Vietnam retail sees 2022 a thriving year

Vietnam retail sees 2022 a thriving year

Both domestic and foreign retailers speeded up their business during 2022 with post-pandemic plans to further tap the country’s growing middle class, creating a booming year for the industry.

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

Vietnam real estate market to warm up in late 2023: experts

Vietnam real estate market to warm up in late 2023: experts

The Vietnamese realty market will continue to face difficulties from credit restrictions in 2023 but warm up in the last four months of the year, analysts said.

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

PM forecasts difficult year ahead

PM forecasts difficult year ahead

Vietnam's economy is likely to experience more difficulties than advantages in 2023 amid complicated and unpredictable global situations, said Prime Minister Pham Minh Chinh.

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

Investor sentiment improves as Vietnam stocks rally

Investor sentiment improves as Vietnam stocks rally

Shares in Vietnam experienced an uptrend during the week as pillar stocks were on the rise, driving up investor sentiment.

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

HCMC hotel room rates surge 50% in Q3

HCMC hotel room rates surge 50% in Q3

Ho Chi Minh City’s hotel room rates in the third quarter of the year increased by 50% compared to last year as business activities have resumed, according to Savills Vietnam.

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

Vietnam economy to expand over 6%: OECD

Vietnam economy to expand over 6%: OECD

The Organization for Economic Cooperation and Development (OECD), a group of mainly high-income economies, forecasts Vietnam's growth will exceed 6% this year and the next thanks to its post-pandemic recovery amid global recessions.

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

Vietnam can contain inflation below 4% this year: finance ministry

Vietnam can contain inflation below 4% this year: finance ministry

The consumer price index (CPI) might rise 3.27-3.51% on average in Vietnam this year, below the State Bank's target of 4%, the Ministry of Finance told a meeting on price control Thursday.

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

Vietnam welcomes 1.87 mln foreigners, South Koreans in the lead

Vietnam welcomes 1.87 mln foreigners, South Koreans in the lead

Vietnam welcomed 1.87 million foreign visitors in the first nine months of the year, up 16.4 times year-on-year, with South Korea and the U.S. leading the pack.

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

Budget carrier Vietjet records $6 mln H1 profit

Budget carrier Vietjet records $6 mln H1 profit

Vietjet recorded an after-tax profit of VND145 billion ($6.18 million) in the first half of the year, up 19% year-on-year as domestic travel demand recovered.

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

Record high 100,000 plus new firms registered in 8 months

Record high 100,000 plus new firms registered in 8 months

Almost 150,000 enterprises joined or rejoined the market in Vietnam in the first eight months of the year, up 31% year-on-year.

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

WB raises Vietnam GDP forecast to 7.5%

WB raises Vietnam GDP forecast to 7.5%

The World Bank has revised up Vietnam’s GDP prediction to 7.5% for this year, much higher than the forecast of 5.8% in early June as “economic activity continues to normalize.”

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

Tourism revenue soars on post-pandemic recovery

Tourism revenue soars on post-pandemic recovery

Vietnam's tourism revenue hit VND11.9 trillion ($509 million) in the first seven months of the year, a 2.7-fold increase year-on-year thanks to the sector's robust recovery.

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

Vietnam Industrial Park forum to focus on new investment wave

Vietnam Industrial Park forum to focus on new investment wave

Unleashing a new investment wave will be the theme of the "Vietnam Industrial Park Forum 2022” organized August 11 by The Investor in Ho Chi Minh City.

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

Sabeco brews highest profit in five years

Sabeco brews highest profit in five years

Sabeco’s after-tax profit of $77 million in the second quarter marked a record quarterly high since ThaiBev became the brewer’s majority shareholder five years ago.

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

HCMC Q2 retail space demand levels off: report

HCMC Q2 retail space demand levels off: report

This year’s second quarter saw a 5.1% vacancy rate in Ho Chi Minh City retail space, down from 5.5% in the first quarter and indicating slight market recovery, according to Cushman & Wakefield.

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

Domestic aviation travel surpasses 2019 peak

Domestic aviation travel surpasses 2019 peak

Vietnamese airlines' seat occupation rate reached 85-87% in June, according to the Civil Aviation Authority of Vietnam (CAAV).

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

Vietnam on course for strong recovery: Standard Chartered

Vietnam on course for strong recovery: Standard Chartered

Standard Chartered Bank has put its GDP growth forecast for Vietnam this year at 6.7% and 7.0% for 2023.

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

Vietnam economy regional top performer post pandemic: HSBC

Vietnam economy regional top performer post pandemic: HSBC

HSBC Global Research expects Vietnam to be among the region's top growing countries thanks to its resilient economic potential and quick return post-Covid.

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

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