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Vietnam Economy

Labor force participation rate in Q3 lowest in 10 years

HANOI - The fourth wave of Covid-19 seriously affected the labor market in the third quarter of 2021, causing the labor force participation rate...

Many apparel, footwear firms incur contractual penalties for delivery delays

HCMC - Contractual penalties have been imposed on several apparel and footwear enterprises for delays in delivery this year by their partners, while these...

StanChart forecasts rate cut if Covid impact lasts beyond Oct

HCMC - Standard Chartered has forecast a potential interest rate cut if the economic impact of Vietnam’s Covid outbreak lasts beyond October. Besides, Standard Chartered...

Firms in Tien Giang propose solutions for production recovery

CAN THO – Many businesses in the Mekong Delta province of Tien Giang have written to the province’s chairman, Nguyen Van Vinh, proposing solutions...

Ministry forecasts Vietnam’s GDP growth this year at 3%-3.5%

HCMC - The Ministry of Planning and Investment has projected the country's gross domestic product (GDP) growth in 2021 at 3%-3.5%, down 0.5 percentage...

Vietnam’s GDP growth predicted at 2.1% this year

CAN THO – Despite a sharp plunge in gross domestic product (GDP) last quarter, Vietnam may still see an economic expansion of 2.1% this...

Vietnamese manufacturing sector continues to deteriorate in September

HCMC - The Vietnamese manufacturing sector saw a further sharp fall in production in September as the sector continued to be severely impacted by...

CPI growth in Jan-Sept lowest for five years

HCMC - Vietnam’s consumer price index (CPI) from January to September inched up 1.82% year-on-year, the lowest level for the same period since 2016,...

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