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Economic recovery

HCMC proposes higher budget retention rate to fuel growth

HCMC – The HCMC government has proposed the National Assembly (NA) revise up its budget retention rate in the 2023-2026 period to address its...

WB forecasts Vietnam’s GDP growth in 2022 at 5.5%

HCMC – The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate this year as its gross domestic product (GDP)...

Vietnam’s economic recovery to accelerate markedly in 2022: Standard Chartered

HCMC - Standard Chartered forecasts that Vietnam’s  will accelerate markedly in 2022, with gross domestic product growing by an estimated 6.7%. Vietnam’s positive medium-term outlook...

NA passes largest ever relief package for economic recovery, development

HCMC – The National Assembly (NA) yesterday, January 11, passed a resolution on financial and monetary policies for the country’s economic recovery and development...

Govt to focus on three main tasks to boost economic recovery, development

HCMC – The Government will focus on three key tasks to boost economic recovery and development in 2022, including fostering production and business, stepping...

Industrial production rises 4.82% in 2021

HCMC – Vietnam’s industrial production rose 4.82% in 2021, mainly driven by the manufacturing and processing industry, according to the General Statistics Office. In the...

Vietnam sees employment uptick after six months of decline

HCMC - The Vietnamese manufacturing sector continued to grow at a solid pace in December 2021 and saw job creation resume following a six-month...

Govt proposes cutting VAT from 10% to 8%

HCMC – The Government has proposed cutting value added tax (VAT) from the current 10% down to 8% for services and goods that are...

WB pledges US$221.5-million credit for Vietnam’s economic recovery

HCMC - The World Bank (WB) has signed an agreement to provide Vietnam with a credit of US$221.5 million to support the country’s economic...

Australia delivers over 1.1 million more Covid vaccine doses to Vietnam

HCMC - Australia has just delivered more than 1.1 million Australian-manufactured Covid-19 vaccine doses to Vietnam as part of its 7.8 million dose commitment...

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