Tags

GDP

ADB raises growth forecast for Việt Nam to 6.6 per cent in 2025

ADB raises growth forecast for Việt Nam to 6.6 per cent in 2025

In its Asia Development Outlook report, the Asian Development Bank (ADB) raised the growth rate forecast of Việt Nam to 6.4 per cent in 2024 and 6.6 per cent in 2025.
Digital economy expected to reach 18.6 per cent of Việt Nams GDP

Digital economy expected to reach 18.6 per cent of Việt Nam's GDP

The Ministry of Information and Communications estimates that the digital economy accounted for 16.5 per cent of Việt Nam''s GDP in 2023, with projections for 2024 rising to 18.6 per cent.
VEPR expects GDP growth this year to reach target

VEPR expects GDP growth this year to reach target

The Việt Nam Institute for Economic and Policy Research (VEPR) expects GDP growth in the fourth quarter of 2024 to reach 7.4 per cent, thereby reaching the 7 per cent target set by the Government.
Việt Nam striving to reach year-end GDP target

Việt Nam striving to reach year-end GDP target

Despite disruptions, Việt Nam''s economy has demonstrated resilience, as evidenced by strong third-quarter growth.
WB, UOB raise Việt Nams GDP growth forecast

WB, UOB raise Việt Nam’s GDP growth forecast

The International Monetary Fund (IMF) has also recently increased its projection for Việt Nam''s growth this year.
GDP growth rate hit 7.4 per cent in Q3

GDP growth rate hit 7.4 per cent in Q3

The General Statistics Office estimates that the Government''s target of 7 per cent GDP growth rate this year is achievable.
Việt Nam expects FDI to hit 40b in 2024, pushing GDP growth up

Việt Nam expects FDI to hit $40b in 2024, pushing GDP growth up

 With positive results seen in the first half of this year, Việt Nam hopes foreign direct investment (FDI) inflow in 2024 to hit US$40 billion in the whole year.
Higher GDP forecasts on robust economic recovery and new growth drivers

Higher GDP forecasts on robust economic recovery and new growth drivers

Recent forecasts are optimistic about the Vietnamese economy in 2024, with the gross domestic product (GDP) growth rate poised to reach around 7 per cent for the full year, higher than the National Assembly’s target set at 6.5 per cent.
Standard Chartered forecasts Q2 GDP to moderate amid higher inflation

Standard Chartered forecasts Q2 GDP to moderate amid higher inflation

In its recent macro-economic s about Việt Nam, Standard Chartered Bank forecasts the Việt Nam’s Q2 GDP growth at moderate to a still-strong 5.3 per cent year-on-year (from 5.7 per cent in Q1).
The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

Việt Nam’s 2024 economic growth target of 6.5 per cent is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy
Standard Chartered revised down Việt Nams 2024 GDP growth forecast to 6%

Standard Chartered revised down Việt Nam’s 2024 GDP growth forecast to 6%

Standard Chartered Bank has lowered Việt Nam’s 2024 GDP growth forecast to 6 per cent from the previous 6.7 per cent due to lower-than-expected Q1 growth and global trade headwinds.  
VN achieves impressive 5.66% GDP growth in Q1, highest since 2020

VN achieves impressive 5.66% GDP growth in Q1, highest since 2020

Việt Nam''s consumer price index (CPI), a key measure of inflation, climbed 3.77 per cent year-on-year in the first quarter.
Việt Nams GDP reaches over 430 billion in 2023, fifth most in Southeast Asia

Việt Nam's GDP reaches over $430 billion in 2023, fifth most in Southeast Asia

According to the latest data from the International Monetary Fund, Việt Nam''s GDP scale in 2023 is estimated to reach about US$433.3 billion, ranking fifth in Southeast Asia.
Việt Nams public debt kept sustainable, stable

Việt Nam's public debt kept sustainable, stable

To manage public debt in a sustainable way, the Ministry of Finance said it will continue to strengthen supervision, inspection and audit of public debt, besides publicising public debt information and constantly improving the legal framework for public debt management.
Mobile telecommunications businesses must find new space to develop

Mobile telecommunications businesses must find new space to develop

The growth of network operators has been low in recent years, lower than the country’s GDP growth.