vietnam economy

Update news vietnam economy

Exports face challenges despite enjoying robust growth

Several industries such as garment, textile and seafood have all recorded impressive export growth over recent times, despite conflicts in various regions globally remaining complicated, heard a forum held on April 25.

Top 500 fastest growing enterprises 2024 announced

A ceremony to announce the list of the top 500 fastest growing enterprises in Vietnam (FAST500) and Top 5 and Top 10 real estate - construction - building materials companies in 2024 was held by the Vietnam Report JSC on April 25.

Standard Chartered lowers Vietnamese GDP growth forecast to 6%

Standard Chartered Bank has moved to lower Vietnam’s GDP growth forecast for the year to 6% from the previous figure of 6.7% due to lower-than-expected growth in the first quarter of the year and global trade headwinds.

Vietnam’s economy shows gradual recovery: WB’s report

Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.

Vietnam's economy begins to absorb capital

The resurgence of credit suggests that the economy has started to absorb capital. Experts suggest that low interest rates will continue to be effective as the economy rebounds.

VN to have many opportunities from digitalisation, green transformation: IMF

VN economic growth is predicted to expand by about 6.5 per cent this year based on numerous potentials, significant foreign direct investment, and ongoing efforts to improve the business environment and infrastructure.

Public investment progress requires a stronger thrust

High-profile international organisations are urging Vietnam to quicken its public funding as an effective fiscal policy move to attract more funding from private investors, who bemoan a lack of high-quality infrastructure works in the country.

Vietnam has opportunities to attract, develop the offshoring market

The report studies the essential factors that define the region's appeal as the best location for offshore services and sheds light on the significant changes in the industry.

Private sector contributes 45% of Vietnam's GDP

Vietnam has nearly 900,000 operating private enterprises with about 7 million entrepreneurs, contributing nearly 45 per cent of the country's GDP.

Creative economy to bring numerous opportunities for Vietnam: CIEM

Vietnam should promote the development of the creative economy in order to benefit from the numerous opportunities brought by it, the Central Institute for Economic Management (CIEM) suggested.

Vietnam’s economy maintains growth despite global uncertainties

The Asian Development Bank (ADB) has maintained its previous forecast about Vietnam’s economic growth in 2024, despite uncertain global conditions.

Vietnam transforming into new global manufacturing hub: experts

Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality.

ADB maintains 6% growth forecast for Vietnam's economy

The Asian Development Bank (ADB) has maintained its earlier growth projection for Vietnam this year despite lingering uncertainties in the external environment. Vietnam’s economy is expected to grow at 6.0% and 6.2% in 2024 and 2025, respectively.

Vietnam’s economic picture begins to brighten

Positive signs for Vietnam’s economic growth can be seen in industrial production and export growth.

Vietnam's economic growth expected to pick up in 2024

Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent in 2023.

Vietnamese economic rise fuels European optimism: EuroCham

The European Chamber of Commerce in Vietnam’s (EuroCham) most recent Business Confidence Index, conducted by Decision Lab, has signaled optimism in the Vietnamese economy and increased confidence within the European business community.

Vietnam ranked 6th among fastest growing Asian economies in 2024

The US website finance.yahoo.com placed Vietnam 6th among the fastest growing economies in Asia in 2024 in its article published on April 4.

Foreign investors' confidence in Vietnam consolidated

Vietnam’s rosy economic prospects have helped consolidate the confidence of foreign firms in the country, as reflected through their investment of 6.17 billion USD in the first quarter of this year, up 13.4% year-on-year.

Harvard University professors impressed with Vietnam’s development

Professors from Harvard University have lauded Vietnam for its success in developing its economy over the past decades.

Vietnam emerges as new Asian hub with rapid macro-economic growth

The edc.ca newswire of Export Development Canada (EDC) recently published an article of Vietnam, describing it as a new Asian hub boasting rapid macro-economic growth with plenty of opportunities.