ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).
Vietnam recovery prospects brightest in Southeast Asia: ICAEW World

Vietnam recovery prospects brightest in Southeast Asia: ICAEW

The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW.
Smart cities in Vietnam hold solution to pandemic Business

Smart cities in Vietnam hold solution to pandemic

Smart cities hold the answer to the modern world's problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts.
UK businesses seek cooperation opportunities in Vietnam Business

UK businesses seek cooperation opportunities in Vietnam

As many as 50 UK businesses joined an online meeting to get updates on socio-economic situation in Vietnam as well as developments in the Vietnam-UK relations, and seek opportunities to cooperate with Vietnamese partners in the future.
Indonesia adjusts GDP growth goal for 2020 World

Indonesia adjusts GDP growth goal for 2020

Indonesian Minister of Finance Sri Mulyani Indrawati recently adjusted the country’s GDP growth goal for 2020 down to -0.2 to -1.1 percent from the previous 2.3 percent, and 4.5 to 5.5 percent for the next year.
Thailand devises three scenarios for tourism recovery World

Thailand devises three scenarios for tourism recovery

The Tourism Authority of Thailand (TAT) has envisioned three scenarios for the recovery pace of the country’s tourism next year, with the worst case being a contraction of revenue from international visitors to 296 billion THB (about 9.5 billion USD).
Vietnam receives positive global exports outlook Business

Vietnam receives positive global exports outlook

Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.
Vietnam to post world’s fifth-highest economic growth: WB Videos

Vietnam to post world’s fifth-highest economic growth: WB

Vietnam is projected to be the fifth highest-growing economy in the world this year and the country has a unique opportunity to increase its footprint in the global economy in both trade and investment. Stefanie Stallmeister, World Bank Acting Country Director for Vietnam made the remarks during the unveiling of the WB’s report "What will be the new normal for Vietnam" on July 30.