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Wednesday, January 26, 2022
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GDP growth

Renovation and overtaking

Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of...

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)...

Haiphong takes lead in FDI attraction

HCMC - The northern city of Haiphong last year attracted over US$5.1 billion in foreign direct investment (FDI), the highest among localities across Vietnam,...

Reduction of fuel taxes, fees helps spur economic growth

The local media have featured several articles which reported that higher fuel price had adversely impacted the economic recovery. In addition to direct effects...

Covid-induced losses in Vietnam exceed VND500 trillion: official

HCMC – Vietnam’s economy has incurred losses of some VND507 trillion over the past two years due to the Covid-19 pandemic, according to Nguyen...

Fee reductions extended until June 2022

HCMC – The Government has approved the Ministry of Finance’s proposal to extend the reduction of fees which have been cut this year until...

NA approves 2022 GDP growth target at 6%-6.5%

HCMC – The National Assembly (NA) on November 12 adopted a resolution on the country’s socioeconomic development plan for next year, approving the gross...

Budget revenue projected to beat target despite Covid

HCMC – The State budget revenue this year may reach over VND1.3 quadrillion, some VND22.2 trillion higher than the target, despite the severe impact...

IMF forecasts Vietnam’s GDP growth in 2021 highest among ASEAN-5 countries

HCMC - The International Monetary Fund (IMF) has forecast Vietnam’s gross domestic product (GDP) growth at around 3.8% this year, higher than that of...

World Bank revises down Vietnam’s growth forecast to 2%-2.5%

HCMC – The World Bank has revised its forecast for Vietnam’s gross domestic product (GDP) growth this year to 2%-2.5%, down from 4.8% forecast...

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