Keyword: "GDP growth rate"

Singapore’s digital economy accounted for 17.7% of the gross domestic product (GDP) in 2023, up from 17.3% in the previous year, according to the Infocomm Media Development Authority (IMDA) of the country.

Standard Chartered has revised up its forecast for Vietnam’s 2024 GDP growth to 6.8% from the previous 6.0%, reflecting the stronger-than-expected expansion in the third quarter of this year.

The Vietnamese Government has outlined a comprehensive action plan to continue fasttracking the country's industrialisation and modernisation by 2030, with a long-term vision extending to 2045.

Businesses have suggested the Government maintain its support to help them overcome difficulties, recover production and business activities, and promote growth, given the fact that many of them still face difficulties despite the country’s GDP growth rate of 6.42% in the first half of this year.

Resolution No. 43/2022/QH15, a landmark fiscal and monetary policy package enacted by the 15th National Assembly during an extraordinary session in early 2022, has yielded positive outcomes in supporting Vietnam's socio-economic recovery and development.

The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.

An article by the business and financial news site CNBC has named Vietnam among Asia-Pacific’s three top-performing markets in the first half of this year, besides India and Japan.

The Asian Development Bank (ADB) has forecast that Vietnam will post GDP growth of 6% in 2024.

Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) predicted.

Vietnam has the potential to achieve a GDP growth rate of 6-6.5% in 2024, driven by public investment, consumer spending, import-export recovery, and monetary policies, said Huynh Hoang Phuong, head of Investment Research and Analysis Division at FIDT JSC.

The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024, with the highest GDP growth rate forecast at 6.5%.

A number of foreign news agencies and media groups have hailed Vietnam's booming economy with a GDP growth rate of 8.02% this year.

The Ministry of Agriculture and Rural Development (MARD) held a forum to promote investment in farming in Ho Chi Minh City on December 9.

What Vietnam has achieved in the last three decades, and what it is on course to achieve in the future, makes the country a good candidate for low- and middle-income countries in Africa to partner with for shared prosperity, according to a recent article by theafricareport.com.

Vietnam’s economy this year is forecast to continue facing difficulty, making the goal of a GDP growth rate of 6.5% a challenge that requires joint efforts from the government, the business sector and the public.

While sustainable smart cities are considered a solution to sustain international business investments, for Việt Nam experts have advised local cities and provinces to prioritise building them to attract FDI.

The Ministry of Planning and Investment (MPI) is coordinating with relevant ministries, sectors and localities to study and build a programme on economic recovery and development in association with improvement of the economy’s internal capacity and self-reliance by 2023, with a goal to achieve an annual average GDP growth rate of 6.5-7 percent during 2021-2025.

Private banks have posted significant growth in credit market share in the past five years.

Vietnam among very few countries to post GDP growth rate of 2.5-3 percent, and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 when Vietnam assumes ASEAN Chairmanship are among the top 10 domestic economic events in the year.

A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the outbreak of the novel coronavirus (nCoV), experts suggested.