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GDP growth

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...

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...

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...

Vietnam’s GDP tumbles 6.17% in Q3, lowest ever

HCMC - Vietnam’s gross domestic product (GDP) in the third quarter of this year fell 6.17%, the sharpest fall since the country calculated and...

WB maintains Vietnam’s 2021 GDP growth forecast at 4.8%

HCMC – The World Bank (WB), in a report released on September 28, maintained its forecast over Vietnam’s gross domestic product (GDP) growth this...

ADB revises down Vietnam’s 2021 GDP growth forecast to 3.8%

HCMC - The Asian Development Bank (ADB) has revised its forecast for Vietnam’s gross domestic product (GDP) growth this year to 3.8% from 5.8%. Nguyen...

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