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Vietnam Economy

HCMC records retail and tourism growth

HCMC – The economic landscape of HCMC has changed for the better, with robust growth in retail and tourism, showed new data from the...

Manufacturing rebounds from typhoon Yagi, but challenges persist

HCMC – Vietnam's manufacturing sector showed signs of recovery in October following the severe impact of typhoon Yagi in September. However, recent PMI data...

Vietnam targets 4% inflation in 2024

HCMC – Deputy Prime Minister Ho Duc Phoc has instructed ministries to keep the country’s consumer price index (CPI) within 4% in 2024. During an...

Vietnam businesses more optimistic about 2025 outlook: report

HCMC – Vietnamese businesses are showing increased optimism about the economic outlook for 2025, according to a survey by the Board for Private Sector...

Digital technology to drive HCMC’s economic growth

HCMC – HCMC’s future economic growth will be propelled by digital economy, Lam Dinh Thang, director of the HCMC Department of Information and Communications,...

Gov’t eyes 7% GDP growth, inflation below 4.5% for 2024

HCMC - The Government is targeting GDP growth of over 7% for 2024 while keeping inflation under 4.5%, according to Prime Minister Pham Minh Chinh. Speaking...

Over 42% of manufacturers expect business conditions to improve in Q4

HCMC – More than 42% of businesses in the manufacturing and processing sector are anticipating better business performance in the fourth quarter of 2024...

Vietnam economy projected to hit US$500 billion by 2025

HCMC – Vietnam's economy is expected to expand to US$500 billion by 2025, a 1.45-fold increase against 2020, according to the prime minister. At a...

Standard Chartered raises Vietnam GDP growth forecast to 6.8%

HCMC - Standard Chartered Bank has revised up its forecast for Vietnam’s 2024 GDP growth to 6.8% from its previous estimate of 6.0%, citing...

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