ADB cuts Southeast Asia growth forecast World

ADB cuts Southeast Asia growth forecast

The Asian Development Bank (ADB) has revised down its forecast on economic growth in Southeast Asia to 4.5 percent compared with a previous forecast of 4.8 percent and from last year's 5.1 percent pace.
Retail sales up 11.5 percent in January-August Business

Retail sales up 11.5 percent in January-August

Vietnam’s total revenues for retail trade and services reached an estimated 3.21 quadrillion VND (137.4 billion USD) in the first eight months of 2019, up 11.5 percent year on year, the General Statistics Office (GSO) has announced.
August sees trade surplus of 1.7 billion USD Business

August sees trade surplus of 1.7 billion USD

Vietnam enjoyed a trade surplus of 1.7 billion USD in August, which brought the trade surplus for the January-August period to 3.4 billion USD, according to the General Statistics Office (GSO).
ANZ expert optimistic about Vietnamese economy outlook Business

ANZ expert optimistic about Vietnamese economy outlook

The Vietnamese government’s commitment to broad-based economic reforms bodes well for the country’s longer term prospects and look to have it on the path to upper middle-income status, held Khoon Goh, head of Asia Research at Australia and New Zealand Banking Group Limited (ANZ).