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An insight into Vietnam’s indebtedness

Hong Ngan -
National debt, or foreign debt, when reaching an excessive level, often leads to an economic crisis. Given debt crises in multiple countries, especially poor...
Vietnam Economy

UOB revises up Vietnam’s 2022 GDP growth forecast to 7%

Thanh Ha -
HCMC - Singapore’s United Overseas Bank (UOB) has revised its forecast for Vietnam’s gross domestic product (GDP) growth this year to 7% from the previously...
News

Binh Duong ranks first nationwide by GDP

Hong Ngan -
HCMC – The southern province of Binh Duong took the lead among Vietnam's 63 provinces and cities in terms of gross domestic product (GDP) per...
News

Vietnam posts highest Q2 GDP growth in decade

Thanh Ha -
HCMC - Vietnam’s gross domestic product (GDP) expanded 7.72% in the second quarter of this year, the highest for the quarter since 2011, according...
News

UOB forecasts Vietnam’s inflation at 5% in 2023

Thanh Ha -
HCMC - Singapore's United Overseas Bank has forecast Vietnam’s headline inflation rate at 3.7% in 2022 and 5% in 2023 due to multiple challenges...
News

S&P upgrades Vietnam’s sovereign credit rating

Nhu Phu -
HCMC – S&P Global Ratings has upgraded Vietnam’s long-term sovereign credit rating to BB+ from the BB level with a stable outlook. The credit rating...
News

NA chairman concerned over slow disbursement of stimulus package

Thanh Ha -
HCMC – National Assembly (NA) Chairman Vuong Dinh Hue has expressed concern over the slow disbursement of a VND347-trillion stimulus package for the country’s...
News

Budget overspending must not exceed VND240 trillion in 2022-2023: Govt

Thanh Ha -
HCMC – The Government has set the budget overspending cap in 2022-2023 at 1%-1.2% of the country’s gross domestic product (GDP), not exceeding VND240...
News

Vietnam’s public debt totals VND3,500 trillion as of June 2021

Thanh Ha -
HCMC – Vietnam’s public debt, including the central Government’s debt, Government-guaranteed loans and loans of provinces, stood at over VND3,500 trillion as of June...
podcast

Australia assists Vietnam to promote vocational logistics training

Kim Ngan -
 The Ministry of Labor, Invalids and Social Affairs and the Australian Embassy in Vietnam on April 14 launched a project promoting the logistics industry’s...
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