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.
As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
The Asian Development Bank (ADB) has revised its GDP growth forecast for Việt Nam down to 5.8 per cent for 2023 and 6.5 per cent for 2024, from 6.5 per cent and 6.8 per cent in April, respectively, according to...
Standard Chartered Bank forecasts Viet Nam’s second quarter GDP growth to have slowed to 1.5 per cent year-on-year (from 3.3 per cent in the first quarter), posing downside risks to its 6.5 per cent growth forecast for 2023. However, a...
Achieving the growth target this year is within reach as the foundation for growth remains. Along with that, the economic recovery package will be strongly implemented in the last quarter in the context that agriculture, service and manufacturing industries still...
Viet Nam’s latest economic data have shown the country is on track to surpass the Government’s target of 6-6.5 per cent for GDP growth this year. However, policy actions need to maintain flexibility and caution to cope with rising external...
The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.
However, despite challenges, Viet Nam is seen a bright spot in a bleak picture of the world economy. The country is one of the 10 economies with the highest GDP growth in 2020.