Growth of Vietnam’s retail sales, services revenue slows to 9.6% in 2023

Growth of Vietnam’s retail sales, services revenue slows to 9.6% in 2023

Retail sales and services revenue in Vietnam totalled an estimated VND6,231.8 trillion (roughly $256 billion) this year, up 9.6% year-on-year, but lower than the 20% growth seen in 2022.

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

Improve project quality to boost implementation speed, economic recovery, WB tells Vietnam

Improve project quality to boost implementation speed, economic recovery, WB tells Vietnam

Improving project quality through better feasibility studies and reforming public investment procedures will help the Vietnamese government speed up their implementation and hasten economic recovery, a World Bank note says.

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

Standard Chartered trims Vietnam’s 2023 GDP growth forecast to 5%

Standard Chartered trims Vietnam’s 2023 GDP growth forecast to 5%

Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth to 5% from the previous 5.4%, reflecting the weaker-than-expected data year to date and a gloomier global outlook, while revising up inflation.

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