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Vietnam Economy

New businesses down in Hanoi

HCMC – Newly-established businesses in Hanoi declined in the first four months of this year, showed data from the Hanoi Statistics Office. From January to...

HCMC’s retail sales surge by 12% in Jan-Apr

HCMC – Retail sales of consumer goods and services in HCMC surged by 12% year-on-year in January-April, according to the municipal Department of Industry...

Vietnam’s IIP grows by 6% in Jan-April

HCMC - Vietnam's index of industrial production (IIP) in January-April has improved by 6% year-on-year, with 54 out of the nation's 63 centrally-run provinces...

Standard Chartered adjusts down Vietnam’s 2024 GDP growth forecast

HCMC - Standard Chartered Bank has revised down its 2024 GDP growth projection for Vietnam to 6% from the previous 6.7%, citing lower-than-expected growth...

Vietnam’s GDP to grow 5.5% this year – WB

HCMC – The World Bank (WB) has projected that Vietnam's economy will expand 5.5% this year, gradually climbing to 6% in 2025 and 6.5%...

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