Vietnamplus

Vietnam’s estimated Gross Domestic Production (GDP) of 340.6 billion USD this year could exceed that of Singapore by nearly 1 percent for the first time, the IMF says.

The International Monetary Fund (IMF) has projected that Cambodia will be the third-fastest growing economy in ASEAN next year and fastest growing economy in the region by 2025.

Vietnam's gross domestic product (GDP) is estimated to reach 340.6 billion USD this year, making it the fourth-largest economy in Southeast Asia.

The International Monetary Fund (IMF) has predicted that Indonesia’s GDP growth may contract by 1.5 percent in 2020 rather than 0.3 percent as it initially forecasted in June this year due to impacts of COVID-19 pandemic.

The Australian Broadcasting Corporation (ABC) on September 23 ran an article, saying Vietnam has gone more than two weeks without a single case of coronavirus via community transmission, effectively beating the virus for a second time.

The Indonesian Government is upbeat about its economic growth target of 4.5 - 5.5 percent in 2021, Finance Minister Sri Mylyani Indrawati said.

Israeli press have spotlighted Vietnam’s policy for external diplomacy and its economic growth in the first eight months of this year on the occasion of the Southeast nation celebrating the 75th anniversary of its August Revolution (August 19) and National Day (September 2).

The domestic market is billed as a fulcrum for local enterprises which are facing formidable challenges as the development of the COVID-19 pandemic has had serious impacts on export markets, with postponed or cancelled orders, according to Deputy Minister of Industry and Trade Do Thang Hai.

The domestic market can support local production and business in the context of the serious developments of the COVID-19 pandemic, said Deputy Minister of Industry and Trade Do Thang Hai at a meeting in Hanoi on August 12.

Penang, Malaysia’s technology hub, is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia, said experts.

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) was held in the form of a teleconference on August 5.

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) was held via video conferencing on August 5 under the chair of Vietnam and Japan.

Vietnam might record high economic growth in the post-pandemic period thanks to the swiftness of structural reforms and trade facilitating measures and emerge as the perfect example for recovery, an Indian scholar has said.

Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam should do to make itself more attractive to foreign investors post-COVID-19, according to investment fund VinaCapital.

The reopening of the tourism sector and the resumption of industrial production back to normal affirms that Vietnam has spectacularly overcome COVID-19 and is ready to become a regional economic hub, Economic Professor Pankaj Jha has assessed in his recent article posted in website moderndiplomacy.eu.

In an article posted on securities newswire boerse-online.de on July 7, author Sven Heckle praised Vietnam’s achievements in the fight against COVID-19 and its economic prospects.

Vietnamese and Indian medical corps engaged in a teleconference on COVID-19 prevention and control on July 1.

A recent article posted on the website of the International Monetary Fund (IMF) spoke highly of Vietnam’s success in the fight against the COVID-19.

The Philippines’ gross domestic product (GDP) will likely shrink by 5.7-6.7 percent in the second quarter of 2020, much higher than the 0.2 percent contraction in the first quarter, according to Governor of the Bangko Sentral ng Pilipnas (BSP) Benjamin Diokno.

The Republic of Korea (RoK), China, Japan and ten ASEAN nations (ASEAN+3) have strengthened their emergency liquidity programme to better cope with possible financial crises, Seoul's finance ministry said on June 23.