The northern port city of Hai Phong achieved a gross regional domestic product (GRDP) growth rate of over 11% last year, ranking third nationwide in terms of economic development.
The Singapore-based United Overseas Bank (UOB) has downgraded Vietnam’s economic growth rate to 5.9% this year due to the impact of recent Typhoon Yagi, according to the bank’s latest report on the economic situation in the third quarter of the year.
A ceremony to announce the list of the top 500 fastest growing enterprises in Vietnam (FAST500) and Top 5 and Top 10 real estate - construction - building materials companies in 2024 was held by the Vietnam Report JSC in collaboration with VietNamNet newspaper on April 25.
Singapore's robust economic rebound will be a key factor for Southeast Asia's growth next year, according to a quarterly survey of economists compiled by the Japan Centre for Economic Research (JCER) and Nikkei.
Accelerating public investment disbursement, particularly for National Target Programmes, would bolster aggregate demand and foster short-term economic growth, according to a report published by the World Bank (WB) on June 19.
The agricultural sector is aiming for a growth rate of 2.8-3% this year, higher than the growth of 2.5-2.8% assigned by the Government, according to the Ministry of Agriculture and Rural Development.
Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements (FTAs) that Vietnam has signed with the UK and other economies worldwide.
Vietnam’s Gross Domestic Product (GDP) in the second quarter of this year was estimated to increase 7.72% year-on-year, higher than the growth rates in the same quarters during the 2011-2021 period, the General Statistics Office (GSO) reported at a press conference on June 29.
Vietnam’s e-learning market is expected to reach revenue of around 3 billion USD by 2023 with a compound annual growth rate of about 20.2 percent from 2019-2023, according to a report by Ken Research.
The agricultural sector remained a pillar of the country’s economy, bringing in 35.5 billion USD from the export of agro-forestry-fishery products in the fist nine months of this year, a 17.7 percent increase compared to the same period in 2020, according to the Ministry of Agriculture and Rural Development.
Vietnam’s GDP is expected to expand by about 4.8 percent in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7 percent from 2022 onward, the World Bank has forecast.
The central city of Da Nang posted a gross regional domestic product (GRDP) growth rate of 4.99 percent in the first half of this year, the municipal statistics office said on June 29.
Romanian media have reported that the Vietnamese National Assembly had successfully consolidated key leadership positions, and showed their hope Vietnam-Romania cooperative ties would develop to a new height in the future.
Nghe An province should work harder to attract major and strategic projects, thus creating remarkable changes, Prime Minister Nguyen Xuan Phuc told local key officials at a working session on March 14.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.
Phu Nhuan Jewellery JSC (PNJ), the largest jewellery retailer in Vietnam, reports revenue up 5 percent but profit down 4 percent in the first quarter of this year.
Vietnam’s GDP growth rate of 3.82 percent in the first quarter of 2020, a record low since 2011, is still a miracle amidst a global economic recession, an official has said.